According to filings with the U.S. Securities and Exchange Commission, Beacon has raised $225,000,000.00 in new Series C funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.

Investors in the company’s current round of funding include: General Catalyst, HarbourVest, Lightspeed, Intrepid Growth Partners, Valiant Peregrine, BDT & MSD Partners’ affiliated funds, Journey LP, Sator Grove.

About Beacon
Beacon is a Toronto-based software holding company that acquires and grows essential businesses with permanent capital and a centralized operating platform. The company says it was founded for founders of load-bearing businesses in essential industries and that it aims to be a long-term partner rather than a short-term buyer. Its model is to keep each companys name and team in place while providing an integrated operating platform with engineers, automation systems, and AI tools to reduce administrative burden and help teams serve customers better. Beacon describes its mission as building the common layer for the real economy, reflecting a focus on helping acquired businesses scale without disrupting service. The site also says Beacon holds businesses forever, preserving their legacy while enabling them to pursue growth they may not have had the resources to achieve on their own.

To learn more, visit https://www.beaconsoftware.com/
Linkedin: https://www.linkedin.com/company/beaconsoftware/

Contact:
Nilam Ganenthiran, Chief Executive Officer
https://www.linkedin.com/in/nilamganenthiran/

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