The funding round was led by Blueprint Equity, a growth equity fund based in California.
Colorado-based AidKit, founded in 2021, says it has worked with more than 200 agencies and nonprofits.
Its technology can automate workflows, speed up disbursements, protect programs from fraud and boost case-management capabilities, according to a statement from the company.
The company has helped with the distribution of more than $270 million in “direct cash assistance,” it said.
The fresh capital will go toward platform expansion and better technology, the company said.
“This investment marks a significant milestone in our mission to transform the way aid is delivered," said CEO Brittany Christenson in the statement. "With Blueprint Equity’s support, we will continue to innovate and ensure that assistance reaches those who need it in a more timely and respectful manner."
The company is positioning itself as a vital player as Elon Musk and President Donald Trump make severe budget and personnel cuts to federal programs, cuts that backers say are needed to reduce federal spending and debt and spark more private-sector innovation. Opponents of those cuts, meanwhile, warn about reductions in social and safety-net programs that could produce hardships for millions of people.
AidKit says its platform can help state and local governments “directly address those challenges by streamlining aid administration, reducing manual workload and enhancing fraud protection, ensuring funds reach those who are eligible and in urgent need,” according to the statement.
