uBeam Inc.

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uBeam Inc. - overview

Established

2012

Location

Santa Monica, CA, US

Primary Industry

Consumer Products

About

uBeam Inc. is an innovative technology company focused on developing wireless power transfer solutions that enable efficient energy delivery to devices without physical connectors. uBeam Inc. specializes in wireless power transfer technology, allowing devices to charge without physical connectors.


Founded in 2012 in Santa Monica, US, the company has engaged in 7 funding deals, with the most recent deal on January 26, 2018, raising USD 25. 4 mn in venture funding. The CEO is Will Kain, who has significant experience in the technology sector. The company offers digital solutions primarily aimed at enhancing online presence for businesses, including website hosting, domain registration, and website building tools.


These services are designed to meet the needs of small and medium-sized enterprises (SMEs) and are available across key markets such as North America, Europe, and parts of Asia. Their products cater to business owners and entrepreneurs seeking to establish a robust online presence. uBeam Inc. generates revenue through subscription-based models and one-time service fees for their offerings.


Clients typically engage in monthly or annual subscriptions for web hosting, while domain registrations involve a one-time payment supplemented by annual renewal fees. Their pricing structure is tiered to accommodate different user needs, with premium plans offering additional features. Revenue is significantly driven by flagship products in domain registration and web hosting. The recent funding of USD 25.


4 mn raised in January 2018 will be utilized to develop new wireless power products and expand into emerging markets such as Asia and Europe by 2022. The company aims to enhance its product line with new features and technology advancements to better serve its clients.


Current Investors

Upfront, Founders Fund, Andreessen Horowitz

Primary Industry

Consumer Products

Sub Industries

Consumer Electronics

Website

www.ubeam.com

Company Stage

Series B

Total Amount Raised

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