Beam

insurtechiot (preventive insurance/telematics)

FOUNDING YEAR: 2012
LOCATION: United States
Last Update: 18/10/2019

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

About

Beam is a dental benefits company that offers dental insurance to employers, individuals and families with a fundamentally unique approach to dental care by pricing according to how members brush their teeth.

MEDICI Analysis

Beam is a dental benefits company that offers employers, individuals and families a fundamentally unique approach to dental care by pricing according to how often members brush their teeth.

Focus

PRODUCTS & SERVICES

Dental coverage app based on brushing habits.

PRIMARY PROBLEM SOLVED

'Good brusher' discounts are a fundamentally better way to structure pricing for high quality dental coverage.

People

FOUNDERS

Alex X Frommeyer

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Drive Capital

Lewis & Clark Ventures

Momentum

FUNDED

YES

TOTAL FUNDING

$11 M

DATE OF LAST FUNDING

Oct 2017

SEED & PRIOR FUNDING

$500 K

SEED CLOSED ON

Jan 2014

FUNDING SERIES

SERIES A  · $5 M  · Aug 2014

SERIES B  · $5.5 M  · Oct 2017

LISTED

NO

BASICS

FOUNDING YEAR:

2012

LOCATION:

United States

Views:

65 VISITORS | 122 VIEWS
LATEST FUNDING ROUND

$11 M

TOTAL EMPLOYEES
11-50

About

Beam is a dental benefits company that offers dental insurance to employers, individuals and families with a fundamentally unique approach to dental care by pricing according to how members brush their teeth.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

Beam is a dental benefits company that offers employers, individuals and families a fundamentally unique approach to dental care by pricing according to how often members brush their teeth.

Focus+
Momentum+
People+
Other+

Join the exclusive global FinTech community

Be a part of the global FinTech community on Slack

Beam

About

Beam is a dental benefits company that offers dental insurance to employers, individuals and families with a fundamentally unique approach to dental care by pricing according to how members brush their teeth.

Focus

PRODUCTS & SERVICES

Dental insurance, includes a subscription for sonic, connected toothbrush, replacement heads, paste, and floss for all members.

TOP PROBLEM SOLVED

'Good brusher' discounts are a fundamentally better way to structure pricing for high quality dental coverage.

PRODUCT DEVELOPMENT STAGE

COMMERCIAL LAUNCH

KEY DIFFERENTIATORS

dental consumer goods included free with insurance plans. Discounts with connected brush insights/underwriting. Mobile first technology. Dental's best onboarding, enrollment process. Unique distribution relationships.

PRIMARY CUSTOMER TYPE

Small And Medium Business - Other

Consumer

People

FOUNDERS

Alex X Frommeyer

KEY EMPLOYEES:

CEO: Alex Frommeyer

FOUNDER: Alex X Frommeyer

INVESTORS:

Drive Capital

Lewis & Clark Ventures

Momentum

FUNDED

NO

TOTAL FUNDING:

$5 M

LISTED

NO

FUNDING SERIES
Series A Aug 2014