Their main product is an AI-powered talent platform meant to assist other organizations in managing employees.
Their vision for Beamery had its origins in their experiences as children of immigrants, when they became aware of the structural challenges associated with work.
In 2016, Beamery raised $2 million in a seed round from Edenred Capital Partners and Grupa Pracuj, a human resources tech firm.
[4] In January 2023, Beamery announced it would be laying off approximately 12% of its workforce, citing inflation and energy crises, high interest rates and "sparser startup funding".
[5] In November 2023, Beamery announced a further round of redundancies, laying off an additional 25% of their workforce amid restructuring.