BeamUP, a Tel Aviv and London-based AI platform that designs and manages enterprise building systems, launched with $15 million in seed funding.
The round was led by StageOne Ventures and Ibex Investors, as well as prominent angels Chano Fernandez CEO of Workday.
The fresh fund will be used to scale its sales, marketing, and operational departments as it rapidly expands globally with leading enterprise organizations.
Company: BeamUP, Ltd.
Round: Seed Round
Funding Month: March 2022
Lead Investors: StageOne Ventures and Ibex Investors
Additional Investors: Chano Fernandez
Company Website: https://www.beamup.ai/
Software Category: AI-powered building design platform
About the Company: Founded in 2019, BeamUP, founded in Tel Aviv in 2019, is the world’s first automated design and lifecycle management platform for building systems such as security, IT, IoT, and HVAC. Its patented AI technology streamlines and unifies the design, maintenance, and operations processes for enterprise real estate, reducing design time from weeks to days and driving operational excellence. The world’s largest companies work with BeamUP’s platform to efficiently design infrastructure, enhance collaboration, and operate smart, safe, and sustainable facilities. BeamUP is now available for Fortune 500 enterprises looking to overhaul the process of designing and maintaining their facilities around the world. BeamUP’s team of architects, security, IT, and other domain experts are based between Tel Aviv, London, and California.