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Beacon - About the company

Beacon is an acquired company based in New York (United States), founded in 2014 by Kirat Singh and Mark Higgins. It operates as an Infrastructure solution for high-frequency trading. Beacon has raised $93.1M in funding from investors like Warburg Pincus, PIMCO and Centana Growth Partners, with last known valuation of $*****. The company has 36 active competitors, including 3 funded and 3 that have exited. Its top competitors include companies like PrimeXM, B2BITS and iBloxx.

Company Details

Infrastructure solution for high-frequency trading. Its products include Beacon Core which enables financial institutions to build custom applications on top of the pre-existing modules, Beacon Front Office Suite for cross-asset trading and risk management systems. The platform includes analytics and tools including trade blotter, marking and structuring tools, risk, and reports, and more. Businesses can use the code of the applications to build customized features on the platform to be integrated into their solution.
Website
beacon.io
Part Of
Registered Address
20 EDGEHILL DRIVE,NEWARK ON TRENT,NOTTINGHAMSHIRE,NG24 2GP
Key Metrics
Founded Year
2014
Location
New York, United States
Stage
Acquired
Total Funding
$93.1M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 12, 2025
Ranked
Annual Revenue
£0 - £1M as on Feb 29, 2024
Employee Count
3,163 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by Clearwater (Mar 12, 2025)

Beacon's acquisition details

Beacon got acquired by Clearwater on Mar 12, 2025 at an acquisition amount of $*****.
Click here to take a look at Beacon's acquisition in detail
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Beacon's funding and investors

Beacon has raised a total funding of $93.1M over 3 rounds. Its first funding round was on May 11, 2018. Its latest funding round was a Series C round on Oct 13, 2021 for $*****. 5 investors participated in its latest round. Beacon has 7 institutional 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
Oct 13, 2021
5632467
Series C
8554884
2919251
3306549
1314564
Jan 13, 2020
1595978
Series B
1806635
6015219
6349051
May 11, 2018
8472790
Series A
3202739
1998588
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Beacon's founders and board of directors

Founder? Claim Profile
The founders of Beacon are Kirat Singh and Mark Higgins.
Here are the details of Beacon's key team members:

Beacon's Board of Directors

Beacon's board has 7 active members. Kirat Singh, Paul Young, Mark Higgins, Eric Byunn, Paula Madoff, Angel Pu and Ravi Mattu are independent board members.
Here is the list of Beacon's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
8y 3m
jwpxujh
Independent board member
-
Current
8y 1m
zrsjgfx
Independent board member
-
Current
6y 4m
dxxtvub
Independent board member
-
Current
2y 7m
higfovk
Independent board member
-
Current
3y 2m
rkxgvbm
Independent board member
-
Current
2y 8m
yftgarw
Independent board member
-
Current
9y 6m

Beacon's employee count trend

Beacon has 3,163 employees as of Mar 26. Here is Beacon's employee count trend over the years:
Employee count trend for Beacon
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Beacon's Competitors and alternates

Top competitors of Beacon include PrimeXM, B2BITS and iBloxx. 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
Logo for Beacon
Beacon
2014, New York (United States), Acquired
Infrastructure solution for high-frequency trading
$93.1M
61/100
2nd
Logo for PrimeXM
PrimeXM
2010, Limassol (Cyprus), Unfunded
Technology-based trade management solution
-
-
47/100
3rd
Logo for B2BITS
B2BITS
2000, Newtown (United Kingdom), Acquired
Solutions and consulting services for Capital Markets institutions
-
-
44/100
4th
Logo for iBloxx
iBloxx
2021, Dubai (United Arab Emirates), Series A
Provider of diversified AI services
$10.4M
41/100
5th
Logo for Celerix
Celerix
2013, Bengaluru (India), Seed
Provider of FPGA-based high-performance trading solutions
$711K
39/100
6th
Logo for Nyfix
Nyfix
1955, Paris (France), Acqui-Hired
FIX messaging and connectivity solutions provider
-
-
32/100
7th
Logo for O-Systems
O-Systems
2011, Limassol (Cyprus), Acquired
Trading platform and solutions provider
-
-
29/100
8th
Logo for AlgoKart
AlgoKart
2025, Jaipur (India), Unfunded
Provider of a risk-governed algorithmic trading infrastructure for Indian retail investors
-
-
27/100
9th
Logo for FSMLabs
FSMLabs
1998, Austin (United States), Unfunded
Time synchronization for enterprise systems
-
-
26/100
10th
Logo for XinyuSoft
XinyuSoft
2014, Danzhou (China), Series A
Technology solutions for financial institutions
$1.8M
25/100
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Beacon's Investments and acquisitions

Beacon has made no investments or acquisitions yet.

Reports related to Beacon

Here is the latest report on Beacon's sector:

News related to Beacon

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Media has covered Beacon for a total of 2 events in the last 1 year.
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