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    David Helene

    Founder & CEO at Beam (formerly Edquity) — We’re Hiring! | Forbes 30 Under 30

    David Helene is the founder and CEO of Beam, formerly known as Edquity, a company dedicated to redesigning the social safety net and improving the distribution of cash assistance to those in need.12 He founded the company in November 2016 and has since led it to significant growth and impact.2

    Background and Education

    David is a Brooklyn native who graduated from Yale University.2 He is passionate about eliminating structural drivers of inequality in the United States.2

    Professional Experience

    Before founding Beam, David co-founded UniFi Scholars, a non-profit organization providing college financial planning education for low-income high school students.2 He served as the Chief Executive Officer of UniFi Scholars from May 2014 to October 2016.2

    David also worked at The Clearing House, a financial trade association and payments company representing the country's largest banks.1 There, he held the positions of Vice President of Strategy and Operations and later Vice President and Chief of Staff.2 Notably, he was named the youngest Vice President in the organization's history.1

    Achievements with Beam

    Under David's leadership, Beam has:

    1. Partnered with 56 governments, higher education institutions, nonprofits, and philanthropic organizations.1
    2. Distributed over $200 million in aid to 300,000 households since 2020.1
    3. Raised over $13 million from impact investors, including Schmidt Futures, Spring Point Partners, the Kresge Foundation, and others.1

    David's work with Beam has earned him recognition, including being named to Forbes 30 Under 30.12

    Company Mission

    Beam's mission is to modernize the American social safety net and improve the speed, equity, and effectiveness of cash assistance programs.3 The company's platform streamlines the application, verification, decision-making, payment, and reporting processes for various financial assistance programs.2

    David Helene continues to lead Beam in its efforts to address financial insecurity and improve access to critical benefits for vulnerable populations across the United States.

    Highlights

    Nov 16 · bybeam.co
    Becoming Beam | Edquity's New Brand

    Related Questions

    What inspired David Helene to start Beam?
    How did David Helene's experience at The Clearing House influence his career?
    What are some of the key achievements of Beam since its inception?
    How does Beam's technology streamline public benefit administration?
    What challenges has David Helene faced in his role at Beam?
    David Helene
    David Helene, photo 1
    David Helene, photo 2
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    Location

    Brooklyn, New York, United States