Beacon Raises $225M Series C

Beacon, based in Toronto and San Francisco, is a company building an AI-native business operating system to modernize the technical infrastructure of essential industries in the everyday economy. The company recently announced a $225 million Series C round, bringing its total funding raised to over half a billion dollars in the last year.

Investors

This round was led by General Catalyst and HarbourVest, with participation from Lightspeed, Intrepid Growth Partners, Valiant Peregrine, BDT & MSD Partners' affiliated funds, Journey LP, and Sator Grove.

Beacon Use of Funds

The new capital will be used to advance the development of its AI-native business operating system and to support the continued acquisition of mission-critical businesses to integrate into its platform.

About Beacon

Founded by CEO Nilam Ganenthiran, Beacon focuses on modernizing essential businesses by acquiring them and integrating them into a shared software platform. The company embeds AI across engineering and operations workflows to improve productivity and customer outcomes.

Funding Details

Company: Beacon
Raised: $225M
Round: Series C
Funding Date: June 9, 2026
Lead Investor: General Catalyst, HarbourVest
Additional Investors: Lightspeed, Intrepid Growth Partners, Valiant Peregrine, BDT & MSD Partners' affiliated funds, Journey LP, Sator Grove
Software Category: Business Software
Company Website: https://beaconsoftware.com
Source: https://www.businesswire.com/news/home/20260609855732/en/Beacon-Raises-%24225M-Series-C-to-Bring-AI-to-the-Everyday-Economy