Turning consumer behavior into cash for nonprofits
Open for applications
Turning consumer behavior into cash for nonprofits
21-100 employees
Open for applications
21-100 employees
Beam Impact's mission is to shift $10B from brands to high-impact nonprofits by connecting brands and customers over the values they authentically share.
Over 80% of millennials and Generation Z reportedly seek out brands with values that align with their own, and in order to net this younger generation of consumers, brands are increasingly turning to novel ways of signalling and proving their ethical side. Beam Impact’s solution is an exciting one: create an app through which Beam users can purchase products with Beam partners, who in turn pledge to donate a portion of those sales to a charity of the customer’s choice.
It’s an interesting proposition, and Beam have their sights set on using it to funnel $10 billion through to high impact charities. The 2017-founded company has over 90 partners including some big players like Parade, Mate the Label, Clevr Blends, IKEA and Walk to Wok.
It is a compelling idea for customers and brands alike, with Beam reporting that users regularly return to their partner brands thanks to this charitable nudge from the free app. It is apparently also sufficiently compelling to investors who have backed Beam with significant funding. It will be interesting to watch this win/win business develop in the coming years.
Freddie
Company Specialist
Few candidates hear
back within 2 weeks
50% female employees
Challenging work
"I’ve consistently been presented with tough technical challenges since I started at Beam. We have a large and fast growing number of clients, each..."
Apr 2022
$13.3m
SERIES A
Nov 2018
$1.1m
SEED
Chinatown, New York, NY
Founders
Viveka Hulyalkar
(CEO)Previously a retail consultant at McKinsey working in consumer loyalty. Founded a nonprofit that provided $1M worth of solar panels for schools in the Cleveland area at the age of 15.
Alex Salvatore Sadhu
(CTO)Previously an early iOS Engineer at Tinder before co-founding Beam Impact.
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