When was Beacon founded?

Beacon was founded in 2024 and raised its 1st funding round within a year of its incorporation.

Where is Beacon located?

Beacon is headquartered in Toronto, Canada.

Who is the current CEO of Beacon?

Nilam Ganenthiran and Nilam Ganenthiran s of Beacon. Nilam Ganenthiran has also founded 1 company.

Which legal entities is Beacon associated with?

Beacon is associated with 15655871 Canada Inc..

How many employees does Beacon have?

As of May 31, 2026, the latest employee count at Beacon is 85.

Is Beacon a funded company?

Beacon is a funded company, having raised a total of $550M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2024.

When was the latest funding round of Beacon?

Beacon's latest funding was a $***** Series C round on Jun 09, 2026, with participation from 8 investors.

Where does Beacon rank among its competitors?

Beacon ranks 81st amongst 72879 active competitors, of which 666 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Beacon, which secured $250M in Nov, 2025.

Who are the top competitors of Beacon?

Beacon's top competitors include UST, GirnarSOFT and EPAM. Among them, Beacon secured the most recent funding round in June, 2026.

Beacon - 2026 Company Profile, Team, Funding & Competitors

Beacon is a series C company based in Toronto (Canada), founded in 2024 by Nilam Ganenthiran, Nilam Ganenthiran and Divyahans G. It operates as a Provider of software acquisition and operational support for business growth. Beacon has raised $550M in funding from investors like Lightspeed Venture Partners, General Catalyst and D1 Capital Partners. The company has 72879 active competitors, including 666 funded and 2258 that have exited. Its top competitors include companies like UST, GirnarSOFT and EPAM.

Company Details

Provider of software acquisition and operational support for business growth. It acquires software businesses, promising to protect their legacy and deepen customer relationships. The company offers hands-on operational assistance and proven strategies across various departments. It provides back-office support, allowing teams to focus on customer service and product development. The company pairs businesses with experienced operating partners to navigate challenges and accelerate long-term growth.

Website: beaconsoftware.com
Social
Email ID: *****@beaconsoftware.com

Key Metrics

Founded Year

2024

Location

Toronto, Canada

Stage

Series C

Total Funding

$550M in 3 rounds

Latest Funding Round

Series C, Jun 09, 2026, $*****

Investors

Lightspeed Venture Partners & 14 more

Ranked

81^st among 72879 active competitors

Employee Count

85 as on May 31, 2026

Similar Companies

UST & 20938 more

View Beacon's full profile

Beacon is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
15655871 Canada Inc. CIN: 15655871 , Canada, Active	Jan 04, 2024	-	-	-

Beacon has raised a total funding of $550M over 3 rounds. Its first funding round was on 2024. Its latest funding round was a Series C round on Jun 09, 2026 for $*****. 8 investors participated in its latest round. Beacon has 6 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Beacon:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 09, 2026	2161635	Series C	2036598	5847094	5408588	3437991
Nov 04, 2025	6953187	Series B	8582786	2345277	2580654	BDT & MSD Partners & 7 more
2024	3080	Seed	3881	1821	8829	Golden Ventures

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View details of Beacon's funding rounds and investors

The founders of Beacon are Nilam Ganenthiran, Nilam Ganenthiran and Divyahans G. Nilam Ganenthiran and Nilam Ganenthiran are the CEOs of Beacon.

Here are the details of Beacon's key team members:

Nilam Ganenthiran: Co-Founder & CEO of Beacon and founder of 1 other company.
Nilam Ganenthiran: Founder/CEO of Beacon.
Divyahans G: Co-Founder of Beacon.

View details of Beacon's Founder profiles and Board Members

Beacon's employee count trend

Beacon has 85 employees as of May 26. Here is Beacon's employee count trend over the years:

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Top competitors of Beacon include UST, GirnarSOFT and EPAM. Here is the list of Top 10 competitors of Beacon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	80/100
2nd	GirnarSOFT 2007, Jaipur (India), Series E	Provider of website, web & mobile application development, BI, and digital marketing services	$620M	Peak XV Partners, Hillhouse & 40 others	78/100
3rd	EPAM 1993, Newtown (United States), Public	Provider of software development, data analytics, and other IT suite services	$50M	Merifin Capital, VTB Capital Investment Management ... & 8 others	72/100
4th	Thoughtworks 1993, Chicago (United States), Public	Leading global technology consultancy integrating strategy, design, and software engineering to enable enterprises and technology disruptors	$748M	Fidelity Investments, GIC & 6 others	72/100
5th	Persistent 1990, Pune (India), Public	Provider of IT suite, consulting, data analytics, and digital transformation services	$18.8M	Norwest, Gabriel Venture Partners & 7 others	71/100
6th	NTT DATA 1967, Koto City (Japan), Public	Provider of application development, cloud, cybersecurity, and business intelligence services	-	Runway, India Accelerator & 2 others	70/100
7th	Kontron 1959, Ismaning (Germany), Public	Developer of embedded computing platforms	$34.6M	Warburg Pincus, BC Partners & 3 others	67/100
8th	Sopra Steria 1968, Paris (France), Public	Provider of IT suite solutions & consulting services	-	Cic-Privatedebt, Europa	67/100
9th	Fujitsu 1935, Germany, Acquired	Provider of IT services, consulting, and business and technology solutions	-	Tehnopol Startup Incubator, Runway & 5 others	67/100
10th	Endava 2000, London (United Kingdom), Public	Provider of digital transformation services using artificial intelligence and automation	-	M\|C Partners, Europa	67/100
81st	Beacon 2024, Toronto (Canada), Series C	Provider of software acquisition and operational support for business growth	$550M	Lightspeed Venture Partners, BDT & MSD Partners ... & 13 others	51/100