Beams Raises $13.3M for Property Renovation Push
Deal News | Jan 14, 2025 | Aim Group
Beams, a U.K.-headquartered home renovation enterprise, has successfully secured $9 million in a Series A funding round, aimed at enhancing its property renovation marketplace. The company, which commenced operations in September 2023, seeks to streamline and innovate the planning and execution of home renovation processes. As a managed marketplace, Beams connects consumers with relevant service providers, promising a transformative approach to the industry. This substantial injection of capital, totaling $13.3 million to date, will facilitate the company's ambitious goals for technological and operational expansions.
Sectors
- Real Estate
- Technology
Geography
- United Kingdom – Beams is a U.K.-based company, targeting the local property renovation market, making the U.K. the relevant geographic focus.
Industry
- Real Estate – The article centers on Beams, a company focused on the property renovation market, placing it squarely within the Real Estate industry.
- Technology – Beams is employing a managed marketplace to transform home renovations, indicating significant technological investment and innovation.
Financials
- $9 million – The amount raised by Beams in the Series A funding round.
- $13.3 million – The total funding raised by Beams to date for its marketplace ambitions.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Beams | Target Company | Company | A U.K.-based company focused on revolutionizing property renovations through a managed marketplace. |