Beamery $138M 800M Lunden Techcrunch company, has announced the successful closing of its $138 million Series C funding round. The round was led by 8VC and included participation from existing investors such as EQT Ventures, Atomico, and others. This comes after Beamery had previously raised $50 million in Series B funding in 2019. This latest funding round brings Beamery’s total funding to date to over $200 million and will be used to further expand its operations.
Overview of Beamery
Beamery is a London-based recruitment software company founded in 2015. The company offers a platform that helps companies identify, nurture and engage talent, allowing them to build relationships with potential candidates even before they apply for jobs.
Beamery’s platform is used by a variety of companies, from small startups to Fortune 500 companies, in more than 150 countries. The company has a team of over 400 people and its customers include Microsoft, Airbnb, and American Express.
Details of Series C Funding Round
Beamery’s latest funding round was led by 8VC and included participation from existing investors such as EQT Ventures, Atomico, and others. This brings Beamery’s total funding to date to over $200 million.
The funds raised will be used to further expand Beamery’s operations, including hiring more employees and investing in product development. The company also plans to use the funding to increase its market presence in the US and Europe.
Impact of Series C Funding Round
Beamery $138M 800M Lunden Techcrunch funding will help it to expand its operations and increase its market presence. It will also enable the company to continue to build its platform and enhance its product offerings.
This latest funding round is also a sign of investor confidence in Beamery’s business model and growth potential. It will provide the necessary resources for Beamery to continue to develop its platform and provide more value to its customers.
Beamery’s Growth Strategy
Beamery’s growth strategy focuses on developing its platform and expanding its customer base. The company is looking to expand its presence in the US and Europe and is also exploring opportunities in other regions.
In addition, Beamery is exploring partnerships with universities, job boards, and staffing firms to further increase its reach. The company is also investing in its product offerings to provide better solutions to its customers.
Beamery’s latest funding round is a testament to the strength of its business model and growth potential. The funds raised will be used to further expand its operations and increase its market presence.