Stream: Artificial Intelligence, Prime
Nick Beim is a partner at Venrock based in New York City and focuses primarily on data intelligence, software and consumer investments.
In the data intelligence area, Nick led the initial venture investments in Dataminr, a pioneer in the field of real-time information discovery that applies machine learning to social media and other large public data sets; Percipient.ai, a computer vision advanced analytics platform founded by a former US Joint Task Force Commanding General and the former head of Google Maps; and Intent Media, a machine learning pioneer in dynamic customer segmentation.
Nick’s software investments include Quiq, the leading customer service software platform based on messaging; JBoss, which developed the most widely used open source application server (acquired by Red Hat); Conductor, the leading SaaS platform enabling enterprises to manage, monitor and optimize SEO (acquired by WeWork); and OatSystems, the RFID applications platform company founded by the team at MIT that developed the standards for passive tag RFID (acquired by Check Point Systems).
Nick’s consumer investments include Care.com, the largest global online marketplace for care services (IPO), and the Gilt Groupe, the largest private sale ecommerce company in the United States (acquired by Hudson’s Bay).
Nick’s primary passion outside of venture investing is international development, and in particular accelerating international development through entrepreneurship. Nick serves on the board of Endeavor, a non-profit organization dedicated to supporting entrepreneurs in developing countries that Tom Friedman has called “the best anti-poverty program of all.” He is also a member of the Council on Foreign Relations and an Advisory Board Member at the Center on Global Energy Policy.