At Beam, we’re on a mission to shift $10B from brands to nonprofits by creating what loyalty would look like if it were designed for today’s customers. In the last year, we’ve funded 4M+ meals for food-insecure communities, the prevention of 1M+ lbs of CO2, and more.
Across our network of 90+ mission-driven brands like Instacart, Roots Canada, and Parade, we let you make ~1% of every purchase go to a high-impact nonprofit you choose from a curated set reflecting what the brand stands for–at no extra cost.
As customers see how their dollars are going towards goals, like funding the removal of 10K lbs of plastic from the ocean, Beam builds emotional buy-in. We lift average order value by 15% and convert 30% more customers to make a second purchase within 90 days–far outperforming traditional loyalty, especially with millennials and Gen Z.
Our work to help people turn their spending power into tangible impact every day has been recognized by Forbes 30 Under 30 for Social Impact, SXSW, Cannes Lions, and more.
Location: United States, New York
Employees: 11-50
Total raised: $13.3M
Founded date: 2017
Investors 5
| Date | Name | Website |
| - | IKEA Bootc... | ikeabootca... |
| - | HearstLab | hearstlab.... |
| - | R/GA Ventu... | ventures.r... |
| 14.04.2022 | Index Vent... | indexventu... |
| - | Ulu Ventur... | uluventure... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 14.04.2022 | Series A | $13.3M | - |
Mentions in press and media 9
| Date | Title | Description | Source |
| 31.12.2022 | 13 самых перспективных стартапов в онлайн-торговле по версии... | Сервис для запуска программ лояльности, платформы для перепродаж, агрегаторы платёжных решений и кли... | vc.ru/trad... |
| 19.12.2022 | The 14 retail-tech startups that will soar in 2023, accordin... | From left: Liz Giorgi, the CEO of Soona; Jonathan Um, the CEO of Mercaso; Emily Gittins, the CEO of ... | businessin... |
| 27.04.2022 | Female-founded social impact e-commerce platform Beam Impact... | Beam's Co-Founders, Viveka Hulyalkar & Alex Sadhu Mission-driven investors like Index Ventures,... | einpresswi... |
| 20.04.2022 | Beam Impact Raises $13.3M to Make Supporting Social Causes S... | Millennials are Gen Z are strongly committed to social causes and to driving their spending to compa... | alleywatch... |
| 16.04.2022 | Beam Impact Raises $13.3M in Series A Funding | Beam Impact, a New York-based social impact tech company, raised $13.3M in Series A funding. The ro... | finsmes.co... |
| 15.04.2022 | Beam Impact Raises $13.3M Series A | NEW YORK, NY, Beam Impact, a social impact tech company, has raised $13.3M in Series A, led by Ind... | vcnewsdail... |
| 14.04.2022 | The Infrastructure of Impactful Commerce | Beam co-founders Viveka Hulyalkar (right) and Alex Sadhu (left). We live in an era of unprecedented... | indexventu... |
| 14.04.2022 | Beam Raises $13.3M Series A to Turn Ecommerce Spending Power... | Beam is on a mission to create what loyalty would look like if it were designed for today's customer... | prweb.com/... |
| 14.04.2022 | Beam Impact raises $13.3M to turn everyday purchases into a ... | Beam Impact, a company that enables consumers to turn their spending into a way to support social ca... | techcrunch... |