Search company, investor...
Beeline company logo

Beeline

beeline.com

Founded Year

1999

Stage

Acq - Fin - III | Alive

Total Raised

$44.95M

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+10 points in the past 30 days

About Beeline

Beeline develops software solutions for sourcing and managing the extended workforce. Its software helps procurement, sourcing, and human resources professionals optimize costs, reduce risks, and add value to their services procurement and contingent workforce programs. Beeline was founded in 1999 and is based in Englewood, Colorado.

Headquarters Location

6465 Greenwood Plaza Blvd Suite 800

Englewood, Colorado, 80111,

United States

303-563-1500

Missing: Beeline's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Beeline's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Expert Collections containing Beeline

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Beeline is included in 1 Expert Collection, including HR Tech.

H

HR Tech

4,022 items

HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

Beeline Patents

Beeline has filed 8 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/3/2012

2/14/2017

Persistence, Data types, Data management, Programming paradigms, Java platform

Grant

Application Date

2/3/2012

Grant Date

2/14/2017

Title

Related Topics

Persistence, Data types, Data management, Programming paradigms, Java platform

Status

Grant

Latest Beeline News

News brief: Veon sells its Russian business for $2.1bn

Nov 25, 2022

Veon decided in early November to sell Beeline and exit Russia It has struck a deal to sell the business for US$2.1bn Less than a month after it announced plans to offload its Russian operation , Veon has struck a deal to sell Beeline (also known in Russia as VimpelCom) to members of the local management team for about US$2.1bn. “After considering numerous options, I am confident that the agreed sale of Veon’s Russian operations to the VimpelCom management team represents an optimal solution for Veon, its Russian operations and the stakeholders of both companies, including customers, shareholders and creditors, as well as employees both in and outside of Russia,” stated Kaan Terzioğlu, CEO at Veon, the international operator that runs networks in Asia and Eastern Europe (including Ukraine). “Veon is committed to ensuring the transaction is seamless for staff and customers in Russia, with no disruption to the services currently provided,” added Terzioğlu. Veon will receive 130 billion Russian rubles (RUB) ($2.1bn) from the sale, which implies a total enterprise value for the Russian business of about RUB 370bn ($6.1bn). Beeline had almost 47 million mobile customers at the end of August this year, of which 26 million were 4G users. For the 12 months that ended on 30 September 2022, the operator generated revenues of RUB 339bn ($5.6bn) and EBITDA of RUB 115bn ($1.9bn). The move is significant from a regional and political perspective but also from a business perspective for Veon because Beeline currently generates more than half of its group revenues and almost half of its earnings before interest, tax, depreciation and amortisation (EBITDA). Veon signalled last month that its strategic attention had switched to its other markets when, in a letter from the CEO Kaan Terzioğlu to shareholders, it noted that it was “well positioned to continue its strategy of developing our digital operator business in our high-growth markets (Pakistan, Bangladesh, Kazakhstan, Uzbekistan and Kyrgyzstan), and we plan to advance these investments in the coming years.” For more on that decision, see this article .

Beeline Frequently Asked Questions (FAQ)

  • When was Beeline founded?

    Beeline was founded in 1999.

  • Where is Beeline's headquarters?

    Beeline's headquarters is located at 6465 Greenwood Plaza Blvd, Englewood.

  • What is Beeline's latest funding round?

    Beeline's latest funding round is Acq - Fin - III.

  • How much did Beeline raise?

    Beeline raised a total of $44.95M.

  • Who are the investors of Beeline?

    Investors of Beeline include Stone Point Capital, New Mountain Capital, GTCR, The Hillman Company, Sequel Venture Partners and 4 more.

  • Who are Beeline's competitors?

    Competitors of Beeline include TimeFlow and 4 more.

Compare Beeline to Competitors

JAGGAER Logo
JAGGAER

JAGGAER offers a comprehensive and complete spend solutions suite that enables commerce between any businesses, anywhere.

Vroozi Logo
Vroozi

Vroozi is a cloud-based enterprise procurement software vendor that connects customers and suppliers in a unified solution on a single platform.

Xsuite Logo
Xsuite

Xsuite develops software applications for document-based processes with digital solutions. It provides purchasing and procurement, accounts payable automation, digital mailroom, order processing, file and contract management, archiving, and cloud solutions. It was founded in 1994 and is based in Ahrensburg, Germany.

Zycus Logo
Zycus

Zycus, fka EzeeNet, a provider of procurement solution suites across the source-to-pay cycle. Its product portfolio includes applications for strategic procurement that includes spend analysis, e-sourcing, contract management, supplier management, financial savings management, project management, request management, and operational procurement applications like e-procurement and e-invoicing.

PaymentWorks Logo
PaymentWorks

PaymentWorks offers a digital onboarding platform that automates the payee management process to help eliminate payments fraud and ensure regulatory compliance. The platform is designed for B2B applications. The company was founded in 2013 and is based in Waltham, Massachusetts.

Esker Logo
Esker

Esker is a provider of document process automation solutions. Addressing all types of business processes, from accounts payable and accounts receivable to order processing and procurement, Esker cloud computing solutions enable companies to automate the reception, processing, and sending of any business document with one platform. Esker helps companies around the world to reduce the use of paper and eliminate manual processes while improving their productivity, efficiency, and environmental impact.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.