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Beem

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Helps working-class Americans get Cash Now Pay Later and other tools to live life uninterrupted

San Francisco, United StatesFounded 2019Fintech
Valuation $25–50M Last recorded · 2022
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Beem and the history behind them.

About Beem

Useline.com is a financial technology startup that offers an innovative solution to short-term cash flow problems. The company operates in the financial services market, specifically targeting individuals who need instant access to cash. Its primary product is the Beem app, a cash advance application that uses artificial intelligence to provide users with instant access to cash advances ranging from $5 to $1000.

The company's business model is centered around providing a convenient and affordable alternative to traditional cash advance services. Unlike most cash advance services, Beem does not charge interest, require income verification, or perform credit checks. Instead, it allows users to withdraw a portion of their verified bank deposits early, with no set due dates for repayment. This makes it an attractive option for individuals facing unexpected expenses or those who simply need a little extra cash before their next paycheck.

Useline.com serves a broad range of clients, but it primarily caters to individuals who are in need of immediate financial assistance. The company has already gained a significant user base, with over 1 million Americans reportedly using the app. Users praise the app for its convenience, affordability, and additional features such as credit check and ID protection.

The company generates revenue through a freemium model, where basic services are provided for free, while premium features are available for a fee. The company also benefits from partnerships with banks and other financial institutions.

In conclusion, Useline.com is a fintech startup that provides an innovative and user-friendly solution to short-term cash flow problems. Its Beem app offers instant cash advances without the usual restrictions and fees associated with traditional cash advance services, making it a popular choice among individuals in need of quick cash.

Source: Dealroom company data

At a glance

Founded
2019
Headquarters
San Francisco, United States
Sector
Fintech

Investors

15 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

  • Techstars
  • TASC Ventures
  • CUNA Mutual Group
  • Strada Education Foundation

Series A11 investors entered at this stage

  • Massive Capital Partners
  • SustainVC
  • Alex Haro
  • Kelmhurst LLC
  • John S. Kim
  • Village Global
  • Goodwater Capital
  • Chris Nguyen
  • Avesta Fund
  • Soups Ranjan
  • The Josephine Collective
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · San Francisco HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Beem on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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