GovTech: Gov Tech Biz Quarterly Roundup: Q4 2022 With Jeff Cook
GovTech – January 27, 2023
By Jeff Cook
Why it Matters: Beam, previously known as Edquity, has raised a Series A funding round led by Potencia Ventures, with participation by several other investors. Beam’s platform streamlines administration of public benefits programs, emergency aid and cash assistance, making the process more efficient and ultimately getting financial support to citizens more quickly. Beam started its journey focused on education and has since expanded to other types of government benefit programs — this round will primarily be used to accelerate growth in distribution, in addition to continued product development.
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