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Beam raised $11M in Series A funding led by Zigg Capital to automate financial workflows for small and midsized contractors.

PRIVATEFeb 14, 2025•over 1 year ago

Amount Raised

$11 Million

Round Type

series a

Columbus

Investors

AccelZigg Capital

Description

Beam, the financial platform for contractors, has raised $11 million in Series A funding. This investment aims to address financial inefficiencies in the construction industry.

Company Information

Company

Beam

Location

Columbus, Mississippi, United States

About

Beam Benefits is a digitally-led employee benefits company that offers dental, vision, life, disability, and supplemental health coverage. The company simplifies and modernizes the $100+ billion ancillary benefits industry through its intuitive online platform, self-service tools, AI-powered underwriting, and thoughtful coverage for improved overall wellness. Its Beam Perks program offers incentives to members and rewards them for healthy behaviors. Beam has raised over $200 million in funding and is available in 44 states across the U.S. Learn more at beambenefits.com

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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