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Beam (fka Edquity) raises $6.4m in Series A funding

Brooklyn based public benefit administration platform raised $6.4m in Series A funding led by Potencia Ventures.

Led by CEO David Helene, Beam provides a platform that helps governments administer a wide range of programs, from rental relief and public utility benefits to emergency cash assistance, with software that streamlines applications, aids decisioning and processing, facilitates payments, and streamlines compliance, reporting, and case management in a single system.

Tags

benefits, wealth management