Beam: Funding, Investors & Team (Sep 2026)
Beam, formerly known as Edquity, offers adaptable cloud-based technology that improves the swift and equitable distribution of vital public benefits, emergency help, and monetary support to our most vulnerable people. Our platform enables governments, nonprofits, colleges/universities, and philanthropic organizations to administer a wide range of financial assistance programs, from rental relief and public utility benefits to emergency cash assistance, with software that streamlines compliance, reporting, and case management into a single system, simplifies applications, aids decision-making and processing, facilitates payments, and simplifies compliance. 53 governmental entities, organizations, and nonprofits across more than 16 states today get digital infrastructure services from Beam, formerly known as Edquity. Beam, formerly known as Edquity, has distributed more than $180 million to 300,000 homes since 2020. Visit https://wwwbybeamco/ to discover more.
Beam has raised $6.4M across 1 funding round on record, the most recent a Series A of $6.4M announced in Nov 2022.
That round is below the $10M median round size for Technology companies tracked on FundedIQ over the last two years.
Beam Company Profile and Key Stats
Latest funding round on record: Nov 2022.
Beam Funding Rounds
Beam Founders and Leadership Team
Contact details for the Beam team: 1 of 1 has an email address on file.
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Beam's latest round of $6.4M is below the median round in Technology. Medians cover the last 24 months of disclosed rounds.
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Beam Funding FAQs
What does Beam do?
Beam, formerly known as Edquity, offers adaptable cloud-based technology that improves the swift and equitable distribution of vital public benefits, emergency help, and monetary support to our most vulnerable people. Our platform enables governments, nonprofits, colleges/universities, and philanthropic organizations to administer a wide range of financial assistance programs, from rental relief and public utility benefits to emergency cash assistance, with software that streamlines compliance, reporting, and case management into a single system, simplifies applications, aids decision-making and processing, facilitates payments, and simplifies compliance. 53 governmental entities, organizations, and nonprofits across more than 16 states today get digital infrastructure services from Beam, formerly known as Edquity. Beam, formerly known as Edquity, has distributed more than $180 million to 300,000 homes since 2020. Visit https://wwwbybeamco/ to discover more.
How much funding has Beam raised?
Beam has raised $6.4M across 1 round on record. The most recent is a Series A of $6.4M announced in Nov 2022.
When did Beam last raise funding?
Beam's most recent funding round on record is a Series A of $6.4M, announced in Nov 2022.
Who is the CEO of Beam?
David Helene is listed as CEO at Beam.
Where is Beam headquartered?
Beam is based in Brooklyn, New York, United States.
How many employees does Beam have?
Beam is in the 11-50 employee band.
How does Beam's funding compare to other Technology startups?
Beam's latest round of $6.4M is below the $10M median round size for Technology companies on FundedIQ across 10 tracked companies over the last two years.
About FundedIQ's Beam Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Beam is left off this page rather than filled in.
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