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Beam provides a platform that helps educational institutions manage emergency aid programs for students facing financial difficulties. The platform simplifies the process of distributing emergency funds by handling application intake, assessing student needs, and ensuring quick disbursement of funds, often within 48 hours. This system is designed to comply with federal regulations, making it easier for schools to support their students effectively. Beam differentiates itself from competitors by focusing specifically on the needs of community colleges and universities, offering detailed reporting features that help institutions maintain compliance with Department of Education requirements. The goal of Beam is to ensure that students in need receive timely financial assistance, thereby improving student retention and success in their educational journeys.
Company Stage
Series A
Employees
11-50
Industries
Enterprise Software, Education
Total Funding
$22M
Headquarters
null, New York
Founded
2012
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Medical, dental, vision, disability, & life insurance
401k options
Unlimited PTO
Remote work
Flexible hours
Parental leave
Desk stipend
Continuous learning stipend
Company social events
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