Beat
Beat is a technology company.
Financial History
Beat has raised $4.1M across 2 funding rounds.
Frequently Asked Questions
How much funding has Beat raised?
Beat has raised $4.1M in total across 2 funding rounds.
Beat is a technology company.
Beat has raised $4.1M across 2 funding rounds.
Beat has raised $4.1M in total across 2 funding rounds.
Beat has raised $4.1M in total across 2 funding rounds.
Beat's investors include BCG Digital Ventures, Episode 1 Ventures, Hummingbird Ventures, Passion Capital, Marathon Venture Capital.
BEAT, LLC (Business Enabled Acquisition and Technology) is a minority-owned small business headquartered in San Antonio, Texas, providing global business, healthcare, and information technology solutions primarily to the Department of Defense, federal agencies, private industry, and nonprofits.[1][2][5] Founded with a mission to build lasting relationships through trust, moral principles, and performance-based outcomes, BEAT delivers on-time, within-budget solutions leveraging corporate knowledge, skilled workforce, and industry best practices, with reported revenue of $21.6 million and over 160 employees.[1][5] Its services span program management, systems engineering, network operations, data center optimization, AI, data warehousing, business intelligence, and data management, supported by key contract vehicles like GSA 8(a) STARS III and DLA JETS 2.0.[2][4]
As a solutions provider rather than a venture firm or consumer-facing startup, BEAT focuses on federal and commercial IT communities, solving complex technical and financial challenges for government and enterprise clients while emphasizing corporate citizenship, veteran support, and community engagement.[1][2]
BEAT, LLC traces its roots to 2008, when it was established as a minority-owned small business in San Antonio, Texas, amid growing demand for specialized IT and acquisition support in federal sectors.[1][2] While specific founders are not detailed in available records, leadership includes Albert (Chief Operating Officer), a University of Pennsylvania graduate and ITIL v3 Expert with expertise in large-scale financial and technical problem-solving, handling stakeholder management, budgeting, contracts, and operations; and Matthew Williams (Chief Growth Officer), a West Point graduate and former US Army Medical Service Corps Officer with an MBA, certifications in project management, cybersecurity, and software development, driving growth strategies and proposals.[1]
Early traction came from securing contracts with the Department of Defense and federal agencies, evolving over 17+ years (with some sources noting 25+ years of collective experience) into a provider of innovative IT solutions, including virtualization and Big Data analytics, while maintaining a commitment to veterans and communities.[1][5] Pivotal moments include winning multiple GWACs like SeaPort-NxG and GSA Schedule MAS, solidifying its federal market position.[2]
BEAT rides the wave of escalating federal IT modernization and cybersecurity demands, particularly in defense and healthcare, where agencies seek agile providers for data-driven transformation amid Big Data proliferation and AI adoption.[1][4] Timing aligns with post-2020 GWAC expansions and rising threats, positioning BEAT favorably through its 8(a) status and DoD-aligned expertise in virtualization, network engineering, and analytics—critical for missions like data center optimization.[2][4]
Market forces such as federal budget priorities for veteran-owned firms and IT outsourcing favor BEAT, influencing the ecosystem by delivering scalable solutions that enable agencies to integrate legacy systems with emerging tech, reducing silos and boosting efficiency for broader national security and healthcare outcomes.[1][2]
BEAT is poised for sustained federal growth through contract renewals and expansions into AI-enhanced services, capitalizing on its GWAC portfolio amid rising DoD IT spends.[2][4] Trends like advanced data analytics, cybersecurity mandates, and digital transformation in healthcare will shape its trajectory, potentially amplifying influence via partnerships and veteran-focused scaling.[1] As federal tech procurement evolves toward innovative small businesses, BEAT's trust-based model positions it to deepen ecosystem impact, echoing its foundational commitment to performance and relationships.[1][5]
Beat has raised $4.1M across 2 funding rounds. Most recently, it raised $4.0M Series A in December 2013.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2013 | $4.0M Series A | BCG Digital Ventures, Episode 1 Ventures, Hummingbird Ventures, Passion Capital | |
| Mar 1, 2011 | $70K Seed | Marathon Venture Capital |