Overview

Beehive Industries provides cloud-based asset management software aimed at improving the management of infrastructure operations. Their software is designed for a variety of clients, including municipalities and utilities, who need to manage public assets efficiently. The software simplifies data management and access control, reducing the workload on client staff. Beehive Industries operates on a subscription model, allowing clients to pay for access to the software and additional services. What sets Beehive Industries apart from competitors is its focus on flexibility and user-friendliness, enabling the software to integrate seamlessly with existing workflows rather than requiring clients to alter their processes. The company's goal is to enhance data integrity while offering customizable solutions that meet the specific needs of each client.

Simplify's Take

What believers are saying

• Growing demand for cloud solutions boosts Beehive's market potential.
• AI integration for predictive maintenance can enhance Beehive's offerings.
• Smart city initiatives increase demand for advanced asset management solutions.

What critics are saying

• Integration with CivicPlus may disrupt service continuity for Beehive clients.
• Cultural and operational changes post-acquisition could affect employee morale.
• Overlap with CivicPlus products may lead to redundancy and product phase-out.

What makes Beehive Industries unique

• Beehive offers cloud-based asset management tailored for public sector needs.
• The software adapts to existing workflows, enhancing user adoption and satisfaction.
• Focus on data integrity and customization sets Beehive apart from competitors.

Help us improve and share your feedback! Did you find this helpful?

YesNo

Funding

Total Funding

$3.5M

Below

Industry Average

Funded Over

2 Rounds

$2,500,000

Series A

Jul 2014

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Below Average

Industry standards

Ind Avg. $15M

$2.5M

$3.7M

$5M

$8.2M

$15M

$30M

View all funding stages