Beam, formerly Edquity

About

Beam, formerly known as Edquity, is a technology company based in Brooklyn, New York, founded in 2016. The company offers a flexible, cloud-based platform designed for governments, nonprofits, higher education institutions, and philanthropic organizations to efficiently manage public benefits, emergency aid, and cash assistance programs. Beam rebranded in November 2022 to reflect its broader mission of supporting various cash and benefit programs across communities. The platform simplifies the administration of public programs, covering application processes, eligibility determination, payments, and compliance reporting. Beam has made significant contributions by administering over $180 million to hundreds of thousands of households since 2020. The company emphasizes user-centric innovation and adaptability, aiming to build resilient communities. Its recent innovations include AI tools like Magic Notes, which assist social workers by automating documentation tasks. Beam collaborates with a wide range of partners to enhance service delivery and track outcomes, focusing on economic mobility and social safety nets.