On February 12, 2025, Beam, a financial management platform for construction contractors, announced a $11 million Series A round led by Zigg Capital, with participation from Accel, Teamworthy, RXR, 20Sales, and several angel investors.

Beam automates and centralizes sales and financial workflow for the construction industry (estimating, invoicing, change orders, bill payments, expense management, lien waivers, and the like). Beam’s platform also offers embedded financial services, such as a high-yield bank account and the Beam Visa card, which enables contractors to earn rewards on everyday expenses and optimize cash flow.

Wilson Sonsini Goodrich & Rosati advised Beam on the transaction. The Wilson Sonsini team was led by Allison Spinner, Jonathan Chan, Cody Gaynor, and Julia Anderson.

For more information, please see Beam’s announcement.