Based in 2012, Beam started by modernizing dental advantages. Since then, Beam has developed right into a one-stop store for ancillary advantages, providing dental, imaginative and prescient, life, incapacity, and supplemental well being protection. Beam delivers worker advantages plans on one easy platform.
“Beam Benefits has changed the way small businesses access and offer valuable ancillary benefits to their employees and their continued success is a reflection of how the Beam platform has resonated with business owners across the country,” stated Jack McNamara, Director, Tech Lending, at Trinity. “We look forward to our partnership with Beam and supporting their continued growth.”
This new progress capital will allow Beam to proceed to scale operations and fund progress initiatives.
“We couldn’t be more excited about our partnership with Trinity,” stated Alex Frommeyer, CEO and co-founder of Beam Advantages. “These funds will continue to propel Beam’s modernization of employee benefits by building extraordinary tools that empower brokers and partner benefits providers all over the US.”
About Trinity Capital Inc.
Trinity Capital Inc. (Nasdaq: TRIN), an internally managed enterprise growth firm, is a number one supplier of diversified monetary options to growth-stage firms with institutional fairness traders. Trinity Capital’s funding goal is to generate present earnings and, to a lesser extent, capital appreciation by means of investments, together with time period loans and tools financings and equity-related investments. Trinity Capital believes it’s considered one of solely a choose group of specialty lenders that has the depth of information, expertise and observe report in lending to progress stage firms. For extra info, please go to the Firm’s web site at www.trinitycap.com.
About Beam Advantages
Beam Advantages is a digitally-native worker ancillary advantages firm that provides dental, imaginative and prescient, life, incapacity, and supplemental well being protection for employers of all sizes. The corporate simplifies and modernizes the $100+ billion ancillary advantages business by means of its intuitive on-line platform, self-service instruments, AI-powered underwriting, and considerate protection for improved total wellness. Beam has raised over
