Beme, Inc

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Beme, Inc - overview

Established

2015

Location

New York, NY, US

Primary Industry

Internet

About

Beme, Inc is a mobile platform focused on enhancing the mental well-being of teens and young adults through mood tracking and personalized coaching services. Founded in 2015 in New York, US, Beme, Inc provides a mobile platform designed to support mental health. The company was co-founded by Mehmood Ali, Sharmeen Khan, and Talha Rehman. In November 2016, Beme was acquired by Cable News Network for USD 25.


00 mn, and the service was subsequently shut down on January 31, 2017. The company has engaged in two investment deals, with its most recent deal occurring on November 28, 2016, and has raised a total of USD 25. 00 mn. Beme offers a comprehensive mobile platform designed to support the mental well-being of teens and young adults.


The core product is an app that facilitates mood tracking, personal coaching, and access to a variety of curated content aimed at improving emotional health. Users can check their mood daily and receive tailored activity suggestions based on their emotional state, as well as engage with live 1:1 coaching through text-based sessions. This service targets the mental health challenges faced by adolescents, providing a stigma-free environment where they can express themselves and seek support. The app is available in various markets, focusing primarily on the United States, with plans to potentially expand to other regions where adolescent mental health services are in demand.


Beme operates on a revenue model that includes partnerships with health plans and employers, offering its platform as a benefit to enhance the mental health resources available to teens. The app's services are provided at no cost to the end-users, which may be supported by B2B partnerships that facilitate access for schools and health systems. The business transactions typically involve agreements with organizations that pay for access to Beme’s platform, enabling them to support their members or employees' families. Although specific pricing structures for partnership agreements are not disclosed, the revenue model capitalizes on service contracts and collaborations aimed at improving adolescent mental health outcomes across various sectors.


Following the acquisition by Cable News Network, Beme ceased operations shortly thereafter. Therefore, there are no upcoming products being designed or launched, nor plans for expanding into new markets or geographic regions as the company is no longer operational. The most recent funding was utilized to facilitate the acquisition, leading to the closure of Beme's services.


Primary Industry

Internet

Sub Industries

Social Networking & Communication Platform, Web Applications, Music & Video Streaming Software

Website

www.beme.com

Verticals

Mobile Apps

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Beme, Inc - employee data

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