AtomBeam (2023)
About this raise
AtomBeam, with a valuation of $51.3 million, is raising funds on StartEngine. The company has developed an advanced software technology that helps reduce the size of the internet of things files by 75%. The technology uses machine learning and adds a high level of security to the data. AtomBeam uses the power of a 10% processor and operates up to 400 times the speed of compression to compact data. Charles Yeomans and Asghar Riahi founded AtomBeam in 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $3,948,670. The campaign proceeds will be used for growth and expansion.
Investment Overview
Invested : $3,047,211
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 06/24/2022
- Close Date
- 06/29/2023
$10,000
$3,948,670
$500
Equity - Common
Series A
RegCF
$5.00
$51,336,425
Company & Team
Company
- Year Founded
- 2017
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- Low
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $11,425,613
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/30/2025 | StartEngine | $96,560,000 | $19,973,292 | Equity - Common | Funded | RegA+ |
| 12/28/2023 | StartEngine | $69,973,194 | $3,068,108 | Equity - Common | Funded | RegCF |
| 06/29/2023 | StartEngine | $51,336,425 | $3,047,211 | Equity - Common | Funded | RegCF |
| 09/15/2021 | StartEngine | $10,000,000 | $2,571,098 | Convertible Note | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.