
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
Member count: 11-50
Total raised: $13.3M
Founded date: 2017
Investors 4
Date | Name | Website |
- | IKEA Bootc... | ikeabootca... |
- | R/GA Ventu... | ventures.r... |
14.04.2022 | Index Vent... | indexventu... |
- | Ulu Ventur... | uluventure... |
Funding Rounds 1
Date | Series | Amount | Investors | Deal News |
14.04.2022 | Series A | $13.3M | - | finsmes.co... |
Mentions in press and media 9
Date | Title | Description | Category | Author | Source |
31.12.2022 | 13 самых п... | Сервис для запуска программ ло... | - | - | vc.ru/trad... |
19.12.2022 | The 14 ret... | From left: Liz Giorgi, the CEO... | - | - | businessin... |
27.04.2022 | Female-fou... | Beam's Co-Founders, Viveka Hul... | - | - | einpresswi... |
20.04.2022 | Beam Impac... | Millennials are Gen Z are stro... | - | - | alleywatch... |
16.04.2022 | Beam Impac... | Beam Impact, a New York-based ... | USA | - | finsmes.co... |
15.04.2022 | Beam Impac... | NEW YORK, NY, Beam Impact, a... | - | - | vcnewsdail... |
14.04.2022 | The Infras... | Beam co-founders Viveka Hulyal... | - | - | indexventu... |
14.04.2022 | Beam Raise... | Beam is on a mission to create... | - | - | prweb.com/... |
14.04.2022 | Beam Impac... | Beam Impact, a company that en... | - | Aisha Mali... | techcrunch... |