What is Beam Mobile?
Formerly known as Edquity, Beam Mobile operates a comprehensive cloud platform designed to facilitate the delivery of public programs. The company leverages AI-driven workflows and a no-code interface to enable government agencies and nonprofits to deploy complex assistance programs, such as emergency financial aid and housing support, with unprecedented efficiency. By replacing legacy systems with agile, secure, and compliant digital architecture, Beam has successfully supported over 350,000 individuals. The company's commitment to high-security standards, including SOC 2 Type II and NIST 800-53 compliance, ensures that sensitive public data remains protected while accelerating the velocity of benefit distribution. Following its acquisition by NavaPBC in late 2024, Beam is now positioned to scale its impact, further integrating its technology into the broader ecosystem of public benefit administration.
How much funding has Beam Mobile raised?
Beam Mobile has raised a total of $6.4M across 1 funding round:
Series A
$6.4M
Series A (2022): $6.4M, investors not publicly disclosed
Key Investors in Beam Mobile
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Beam Mobile?
The strategic acquisition by NavaPBC marks a significant milestone in Beam's growth trajectory, signaling a shift toward deeper integration within the public benefit technology sector. As the firm continues to expand its footprint across 39 states, the focus will likely remain on enhancing its automated eligibility verification and document review capabilities. By combining resources with NavaPBC, Beam is well-positioned to address the systemic challenges inherent in legacy government infrastructure, aiming to reduce administrative friction and improve the accessibility of essential services for vulnerable populations. Future developments will likely prioritize the scalability of its no-code platform to accommodate larger, multi-jurisdictional aid programs, reinforcing its role as a cornerstone of modern public sector technology.
See full Beam Mobile company page
