Beam

Company Overview

Snapshot

Founded in March 2018 by Alex Romanov, Beam operates with 11–50 employees. The company has raised $5 million across two funding rounds from three investors. In February 2019, Beam secured funding from investors including Recruit Strategic Partners.

Business overview

Beam develops a scalable, confidential cryptocurrency built on the Mimblewimble protocol, offering full transaction confidentiality alongside strong auditability for financial compliance. The company's core technology leverages DLT & Blockchain and Cryptography to serve the Fintech & Insurtech sector, specifically targeting financial services and virtual currencies globally with its Beam Wallet product.

Strategic signal

This investment signals continued development and strategic enhancement of Beam's underlying technology, reinforcing its commitment to advancing its confidential cryptocurrency platform within the decentralized finance landscape.

Company Intelligence Q&A

What is Beam's primary focus?

Beam focuses on providing a scalable, confidential cryptocurrency that ensures full transaction confidentiality while also offering strong auditability for financial compliance, built on the Mimblewimble protocol.

When was Beam founded?

Beam was founded in March 2018.

Which investors participated in Beam's February 2019 funding round?

In February 2019, Beam received funding from investors including Recruit Strategic Partners.

Who is a co-founder of Beam?

Alex Romanov is a co-founder and CTO of Beam.