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 14 active competitors, including 3 funded and 3 that have exited. Its top competitors include companies like PrimeXM, Celerix 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
- 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
Investors
Ranked
1st among 14 active competitors
Annual Revenue
£0 - £1M as on Feb 29, 2024
Employee Count
3,163 as on Mar 31, 2026
Exit Details
Acquired by Clearwater (Mar 12, 2025)
Legal entities associated with Beacon
Beacon is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BEACON RISK ASSURANCE SERVICES LIMITED CIN: 6812529 , United Kingdom, Active | Feb 05, 2009 | $0 - $1M (As on Feb 29, 2024) | - | |
BEACON PLATFORM, INC. CIN: 811774783 , United States, Active | Dec 31, 2013 | - | 79 (As on Dec 31, 2024) | - |
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 | 4585285 | Series C | 8805593 | 6230746 | 6782863 | 5680149 |
Jan 13, 2020 | 9931714 | Series B | 2226293 | 5832048 | 5994221 | |
May 11, 2018 | 1502739 | Series A | 8109953 | 5069901 |
View details of Beacon's funding rounds and investors
Beacon's founders and board of directors
Founder? Claim ProfileThe founders of Beacon are Kirat Singh and Mark Higgins.
Here are the details of Beacon's key team members:
- Kirat Singh: Former Co-Founder of Beacon. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Mark Higgins: Former Co-Founder of Beacon. They serve on the board of 1 company.
Beacon's Board of Directors
Beacon's board has 7 active members. Kirat Singh, Mark Higgins, Paul Young, 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 | 7y 11m | |
gtm{nkp | Independent board member | - | Current | 8y 7m |
fpzyyco | Independent board member | - | Current | 4y 2m |
gvwqole | Independent board member | - | Current | 2y 7m |
aspsqq{ | Independent board member | - | Current | 8y 3m |
jpdvsao | Independent board member | - | Current | 8y 9m |
kqccnmo | Independent board member | - | Current | 6y 8m |
View details of Beacon's Founder profiles and Board Members
Beacon's employee count trend
Beacon has 3,163 employees as of Mar 26. Here is Beacon's employee count trend over the years:
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Beacon's Competitors and alternates
Top competitors of Beacon include PrimeXM, Celerix and iBloxx. Here is the list of Top 10 competitors of Beacon, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Beacon 2014, New York (United States), Acquired | Infrastructure solution for high-frequency trading | $93.1M | 61/100 | |
2nd | Technology-based trade management solution | - | - | 47/100 | |
3rd | Provider of FPGA-based high-performance trading solutions | $711K | 42/100 | ||
4th | iBloxx 2021, Dubai (United Arab Emirates), Series A | Provider of diversified AI services | $10.4M | 37/100 | |
5th | B2BITS 2000, Newtown (United Kingdom), Acquired | Solutions and consulting services for Capital Markets institutions | - | - | 35/100 |
6th | Trading platform and solutions provider | - | - | 29/100 | |
7th | Technology solutions for financial institutions | $1.8M | 25/100 | ||
8th | FSMLabs 1998, Austin (United States), Unfunded | Time synchronization for enterprise systems | - | - | 24/100 |
9th | Provider of a risk-governed algorithmic trading infrastructure for Indian retail investors | - | - | 24/100 | |
10th | Matrix Trading 2007, New York City (United States), Deadpooled | Hardware solutions for financial firms | - | - | 21/100 |
Looking for more details on Beacon's competitors? Click here to see the top ones
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
Media has covered Beacon for 1 event in last 1 year, It was about company updates.
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Clearwater Analytics to buy Beacon and Blackstone’s BistroSeeking Alpha•Mar 12, 2025•Clearwater, Beacon, Schneider Corp, Blackstone and 2 others
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Clearwater Analytics to Acquire Beacon and Blackstone’s Bistro to Deliver Investment Intelligence Across Private MarketsFinancial Times•Mar 12, 2025•Clearwater, Beacon, Blackstone, PIMCO and 2 others
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Beacon Closes $56 Million Series C Funding Round Led by Warburg PincusAction News•Oct 13, 2021•Beacon, Warburg Pincus, Blackstone, Centana Growth Partners and 2 others
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Amazon founder, Jeff Bezos, invests $15 million in BeaconPageOne•May 31, 2020•Beacon, 8VC, Amazon, Beacon
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