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 of Beacon. They have 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 Aug 31, 2026, the latest employee count at Beacon is 101.

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 57th amongst 85915 active competitors, of which 692 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Beacon, which secured $225M in Jun, 2026.

Who are the top competitors of Beacon?

Beacon's top competitors include GirnarSOFT, UST 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 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 General Catalyst, Lightspeed Venture Partners and HarbourVest Partners. The company has 85915 active competitors, including 692 funded and 2557 that have exited. Its top competitors include companies like GirnarSOFT, UST 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

General Catalyst & 18 more

Ranked

57^th among 85915 active competitors

Employee Count

101 as on Aug 31, 2026

Similar Companies

UST & 25397 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	Reports
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 10 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	3534945	Series C	1482230	2199652	7002025	6298533
Nov 04, 2025	2321657	Series B	3795435	9516651	1796887	BDT & MSD Partners & 7 more
2024	5453	Seed	3812	3431	7047	Golden Ventures

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View details of Beacon's funding rounds and investors

The founders of Beacon are Nilam Ganenthiran and Divyahans G. Nilam Ganenthiran is the CEO 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.
Divyahans G: Co-Founder of Beacon.

View details of Beacon's Founder profiles and Board Members

Beacon's employee count trend

Beacon has 101 employees as of Aug 26. Here is Beacon's employee count trend over the years:

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Top competitors of Beacon include GirnarSOFT, UST 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	GirnarSOFT 2007, Jaipur (India), Series E	Provider of website, web & mobile application development, BI, and digital marketing services	$620M	Peak XV Partners, Hillhouse & 43 others	78/100
2nd	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	76/100
3rd	EPAM 1993, Newtown (United States), Public	Provider of software development, data analytics, and other IT suite services	$50M	VTB Capital Investment Management, Merifin Capital ... & 8 others	71/100
4th	Persistent 1990, Pune (India), Public	Provider of IT suite, consulting, data analytics, and digital transformation services	$18.8M	Norwest, Gabriel Venture Partners & 8 others	71/100
5th	Gigster 2013, Austin (United States), Acquired	Provider of software development services	$32.5M	Redpoint Ventures, Felicis Ventures & 22 others	69/100
6th	Sopra Steria 1968, Paris (France), Public	Provider of IT suite solutions & consulting services	-	Cic-Privatedebt, One Equity Partners & 1 others	68/100
7th	NTT DATA 1988, Koto City (Japan), Public	Provider of application development, cloud, cybersecurity, and business intelligence services	-	Runway, India Accelerator & 2 others	67/100
8th	Fujitsu 1935, Germany, Acquired	Provider of IT services, consulting, and business and technology solutions	-	Tehnopol Startup Incubator, Runway & 5 others	67/100
9th	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	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
57th	Beacon 2024, Toronto (Canada), Series C	Provider of software acquisition and operational support for business growth	$550M	HarbourVest Partners, Lightspeed Venture Partners ... & 17 others	51/100