# Beam Impact

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beam-impact

- Industry: Internet
- Headquarters: New York, US
- Website: www.beamimpact.com
- Total disclosed funding: $15M
- Latest round: Series A (Apr 14, 2022)
- Investors on record: 5

## About

Based in New York, US, and founded by its CEO, Viveka Hulyalkar, and CTO, Alex Salvatore, in 2017, Beam Impact, Inc., provides a social impact mobile-based application designed to connect brands and customers over the values they authentically share. In April 2022, Beam Impact, Inc. raised USD 13.3 million in a Series A round of funding led by new investor Index Ventures, with participation from returning investors HearstLab and Ulu Ventures. As of 2022, the company has partnered with brands like Parade, Roots, Frankie, and many more.

The company offers an online application platform that helps companies reach out to their consumers through various promotional activities. It helps customers to select a nonprofit, and the brand donates a portion of the total cost to the organization, allowing users to manage their spending and donate a portion to social causes.

The company plans to use the April 2022 funding to grow its team, expand its network of partners, and deepen its product offering.

## Funding rounds

- Series A, Apr 14, 2022, $13M — Index Ventures, Ulu Ventures, HearstLab
- Seed, Nov 30, 2018, $1.3M — Ulu Ventures, Brilliant Ventures, Able Partners, HearstLab

## Investors

- Ulu Ventures (https://capitalatlas.ai/funds/ulu-ventures) — Seed, Series A
- Brilliant Ventures (https://capitalatlas.ai/funds/brilliant-ventures) — Seed
- Able Partners (https://capitalatlas.ai/funds/able-partners) — Seed
- HearstLab (https://capitalatlas.ai/funds/hearstlab) — Seed, Series A
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A