COLUMBUS, Ohio (August 15, 2023) – Beam Benefits, a digitally-led employee benefits company, today announced its ranking (No. 1966) on the 2023 Inc. 5000, a list of the nation’s fastest-growing private companies. It’s the second year in a row that Beam earned a spot on Inc.’s list.
The announcement comes on the heels of a period of rapid growth in 2022 when Beam grew its revenue by more than 60% year-over-year, surpassed 325,000 individuals covered across the country, and reached over half-a-million policies in force. Over the past year, Beam also expanded its benefits portfolio with voluntary life, accident, hospital indemnity, and critical illness products.
“Even as the economy continues to fluctuate, there will always be a need for benefits that are shockingly simple and accessible,” said Alex Frommeyer, co-founder and CEO of Beam Benefits. “This award shows that small and midsize employers across the country continue to see Beam as instrumental in making their employees’ lives happier, healthier, and more financially sound.”
Beam is best-known for the first-of-its-kind connected Beam Brush — a smart electric toothbrush that allows members to earn points through the Beam Perks program. Members earn points by simply brushing their teeth, which can then be redeemed for toothpaste, floss, brush replacement heads, and more.
To learn more about Beam, visit www.beambenefits.com.
About Beam Benefits
Beam Benefits is a digitally-led employee benefits company that offers dental, vision, life, disability, and supplemental health coverage. The company simplifies and modernizes the $100+ billion ancillary benefits industry through its intuitive online platform, self-service tools, AI-powered underwriting, and thoughtful coverage for improved overall wellness. Its Beam Perks program offers incentives to members and rewards them for healthy behaviors. Beam has raised over $200 million in funding and is available in 44 states across the U.S. Learn more at beambenefits.com.
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.