Beamit Raises $2.4 M of Seed Funding

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Seed: $2,400,000

Founded: 05/2011
Industry: Online Payments

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Seattle, Washington – BeamIt, a start-up provider of convenient international money transfers from a customer’s mobile phone in the USA to a mobile phone abroad has raised $2.4 million of seed funding from Founder’s Co-op and were backed up by Bezos Expeditions and TomorrowVentures.

The new funding will be used for product development and for product launching. The product is expected to launch in the third quarter of 2012 and its first target market is the Philippines.


Funding Total: $2,400,000

Round Date Amount Pre Amount Post Amount
Seed 04/2012 $2,400,000
Investors: Founder’s Co-op, Bezos Expeditions, TomorrowVentures

See all fundings here


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