# AidKit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aidkit

- Industry: Financial Services
- Headquarters: Denver, US
- Website: www.aidkit.com
- Total disclosed funding: $8.5M
- Latest round: Series A (Jul 3, 2024)
- Investors on record: 1

## About

AidKit, Inc develops innovative software solutions that enhance the delivery of public benefits and relief aid, focusing on efficiency, accessibility, and dignified support for underserved populations.AidKit, Inc is focused on providing a software platform that streamlines the administration of public benefits and relief aid. Founded in 2021 in Denver, US, the company had its most recent deal on July 3, 2024, raising USD 8.5 mn in a Series A funding round led by Blueprint Equity. AidKit has completed one deal to date.AidKit specializes in providing software solutions designed to facilitate the efficient delivery of public benefits and relief aid to various eligible demographics. The core offerings include a purpose-built platform that supports features such as offline mode access for disaster relief, direct or third-party payments for rental assistance, and tools for administering guaranteed basic income programs. These services aim to streamline the administration of aid, reduce operational overhead, and ensure dignified delivery to recipients. AidKit serves a diverse client base, including state and local health and human service agencies, workforce and unemployment agencies, religious charities, and community foundations, with a particular emphasis on regions in the United States. The functionality of the platform is designed to adapt to complex government benefit systems, enhancing accessibility and efficiency while addressing the unique needs of clients and end users, including vulnerable populations and underserved communities.AidKit generates revenue through partnerships and service agreements with government agencies, nonprofit organizations, and other entities involved in aid distribution. The company’s business model primarily revolves around B2B transactions, where clients engage AidKit's platform for a range of services, including public benefits modernization and virtual case management. These engagements typically involve fixed fees for setup, implementation, and ongoing support, as well as transaction-based fees depending on the volume of aid distributed or managed through the platform. AidKit's flagship offerings position it as a key player in the social safety net landscape, capitalizing on the growing demand for efficient and dignified aid delivery solutions. This transactional structure underlines AidKit's commitment to delivering measurable outcomes for its partners and the communities they serve.Following the recent funding of USD 8.5 mn in July 2024, AidKit plans to expand its platform by enhancing technological capabilities to improve efficiency and transparency in aid delivery. The company is focused on launching new features aimed at better serving community needs and plans to enter additional markets across the United States by the end of 2025.

## Funding rounds

- Series A, Jul 3, 2024, $8.5M — Blueprint Equity

## Investors

- Blueprint Equity (https://capitalatlas.ai/funds/blueprint-equity) — Series A