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- Beacon Software
Beacon Software Valuation, Funding & Investors
Beacon Software is valued at $1.4B as of June 2026.
Last Beacon Software valuation
$1.4B
Series C · Jun 2026
Last Beacon Software funding round
$225M
Series C · Jun 2026
Cumulative funding Beacon Software raised
$475M
across 2 funding rounds
Key investors in Beacon Software
General Catalyst
Lightspeed Venture Partners
D1 Capital Partners
HarbourVest Partners
MSD Partners
Intrepid Growth Partners
About Beacon Software
Beacon Software is a Toronto-based holding company that acquires established vertical software businesses and grows them by adding artificial-intelligence products, shared engineering and central back-office teams. It was founded in 2024 by chief executive Nilam Ganenthiran, a former president of Instacart and partner at D1 Capital Partners, and chief technology officer Divya Gupta, a former Sequoia Capital partner. Beacon describes itself as a permanent owner rather than a fund, and its subsidiaries sell subscription software to small and mid-sized organisations in areas such as education, finance, logistics and recreation; examples include PowerUp Sports, which runs registration and league software for community sports bodies including Ontario Soccer and BC Soccer, and the campground booking platform Let's Camp. The group reports more than 22,000 enterprise customers and over five million users. It had bought more than 30 businesses by mid-2026 and was completing about one acquisition a week. Beacon has raised venture funding rather than fund commitments: a US$250 million Series B led by General Catalyst, Lightspeed Venture Partners and D1 Capital, followed in June 2026 by a US$225 million Series C led by General Catalyst and HarbourVest Partners, taking total funding above US$550 million.
Founded
2024
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1.4B (Jun 2026)
Beacon Software Valuation
Beacon Software is currently valued at $1.4B, based on its Series C in June 2026.
The $225M round was led by General Catalyst and HarbourVest Partners, with participation from Sator Grove Holdings, Journey LP, MSD Partners, Lightspeed Venture Partners, Intrepid Growth Partners and 1 other investor.
Beacon Software's valuation has grown 1.4x from $1B at its Series B in November 2025 to $1.4B in June 2026, across 2 priced rounds.
Beacon Software valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2026 | Series C | $1.4B |
| Nov 2025 | Series B | $1B |
Beacon Software Funding History
Beacon Software has raised a total of $475M across 2 funding rounds.
Beacon Software's first fundraising round was a $250M Series B in November 2025. The most recent completed round was a $225M Series C in June 2026.
Beacon Software funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2026 | Series C | General Catalyst (lead); HarbourVest Partners (lead); Sator Grove Holdings; Journey LP; MSD Partners; Lightspeed Venture Partners; Intrepid Growth Partners; Valiant Peregrine | $225M | $1.4B | On June 9, 2026, Beacon Software raised US$225 million in a Series C round led by General Catalyst and HarbourVest, with participation from Lightspeed, Intrepid Growth Partners, Valiant Peregrine, BDT & MSD Partners’ affiliated funds, Journey LP, Sator Grove, and other investors. The company said the funding will support development of its AI-native business operating system and continued acquisition of essential businesses. Beacon is a Toronto-based, AI-native software holding company focused on bringing frontier technology to the real economy and acquiring essential businesses. The company was founded by CEO Nilam Ganenthiran and had previously raised a US$250 million Series B at a US$1 billion valuation in November 2025, bringing total capital raised to more than half a billion dollars within about a year. The company describes its strategy as combining modern AI software with acquisitions across essential industries. |
| Nov 2025 | Series B | D1 Capital Partners (lead); General Catalyst (lead); Lightspeed Venture Partners (lead) | $250M | $1B | Beacon Software is an AI-powered holding company founded in 2024 by Nilam Ganenthiran, former President of Instacart, and Divya Gupta, ex-Partner at Sequoia Capital, that acquires and modernizes small, profitable, niche software businesses serving Main Street industries such as youth sports, campgrounds, local manufacturers, education, finance, logistics, and recreation. The company positions itself as an anti-private equity firm, emphasizing permanent ownership, reinvestment in growth, and AI-driven upgrades to automate operations, accelerate development, and boost long-term value rather than cost-cutting and quick exits. Beacon acquires new businesses roughly every two weeks, providing them with a shared platform of technology, design, FinTech, go-to-market capabilities, and an advisory community from companies like Instacart, Meta, OpenAI, and Shopify. On November 4, 2025, Beacon closed a $250 million Series B funding round co-led by General Catalyst, Lightspeed Venture Partners, and D1 Capital Partners, with participation from BDT & MST Partners, Instacart CEO Chris Rogers, Sator Grove, and others including Mantle co-founder Amar Varma and OpenAI applications CEO Fidji Simo. This all-equity, all-primary round brought Beacon's total funding to $335 million and valued the company at $1 billion post-money. The capital is earmarked for expanding acquisitions, scaling the central AI technology platform, and hiring engineers and product managers in Toronto, San Francisco, and New York to form an acceleration team that overhauls acquired companies' tech stacks, rewrites products with AI, and automates back-office functions like accounting and payroll. Beacon's portfolio already includes dozens of acquired and partnered software and services companies that collectively serve thousands of enterprise customers, employ hundreds of thousands of people, and support over one million active users, making it one of North America's fastest-scaling AI holding companies. The business operates profitably as a group, with individual targets typically generating under $20 million in annual recurring revenue each, though aggregate metrics were not disclosed. Founder Ganenthiran indicated this round may be Beacon's last raise, highlighting investor confidence in its model amid a trend of AI-led transformations in underserved traditional sectors. |
Who has invested in Beacon Software?
9 investors have backed Beacon Software across its funding rounds, including General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, HarbourVest Partners, MSD Partners and Intrepid Growth Partners.
Lead investors include General Catalyst, HarbourVest Partners, D1 Capital Partners and Lightspeed Venture Partners.
Beacon Software Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Nov 2025 | ||
| 2 | Lead | Nov 2025 | ||
| 1 | Participant | Jun 2026 | ||
| -- | 1 | Participant | Jun 2026 | |
| 1 | Participant | Jun 2026 | ||
| 1 | Lead | Nov 2025 | ||
| 1 | Participant | Jun 2026 | ||
This data is available for Pro users. Sign up to see all 9 Beacon Software investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Beacon Software
Beacon Software has acquired 3 companies to date.
Last acquisition by Beacon Software was on April 15th 2026. Beacon Software acquired E2E Soccer for undisclosed valuation.
Latest Acquisitions by Beacon Software
| Description | E2E Soccer is a Canadian software company that provides league, club, coach and referee management systems for youth and amateur soccer. Its products let organisations build club and league websites, take online registrations and card payments, run house leagues and tournaments, generate schedules, manage teams, discipline, statistics and standings, and issue plastic and mobile player ID cards. Coach Centre handles coach certification and courses, and Ref Centre handles referee registration, game assignment and assessment. Customers include provincial and district associations such as the Ontario Soccer Association, BC Soccer, the Alberta Soccer Association, the Ontario Player Development League and the Elgin Middlesex Soccer Association, which pay subscription and service fees. In 2025 E2E supported more than 100 leagues, 7,500 teams and 120,000 games across Canada. In April 2026 Beacon Software, an AI-focused technology holding company founded in 2024, acquired E2E Soccer Limited and combined it with its portfolio company PowerUp Sports. Beacon described the result as Canada's first full-stack soccer technology platform, with E2E keeping its brand under general manager Tim Baigent. | PowerUp Sports delivers online sports registration and club management services from Toronto, Canada, since October 2010. | EDGE Software is a UK developer of BIM-integrated software for structural steel detailing and fabrication, including Advance Steel and Advance Workshop modules. Distributed through Graitec Group, its tools automate 3D modeling, CNC file generation, and erection drawings for projects up to 100,000 tons. Used by fabricators in construction firms across Europe and North America for compliance with BS EN 1090 standards. |
| HQ Country | |||
| HQ City | Ottawa | Toronto | Dothan, AL |
| Deal Date | 15 Apr 2026 | 15 Apr 2026 | 1 Oct 2025 |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all Beacon Software acquisitions and their M&A valuation multiples. Start Free Trial | |||
Beacon Software Competitors
Beacon Software competitors include listed companies like Cerence and BigBear.ai, and private ones like Arda, Vinci, Anew Labs and HAI ROBOTICS.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.5B | - | ||
| Private | - | - | $1.5B | - | ||
| Publicly listed | $252M | $8M | $366M | 1.4x | ||
| Private | - | - | $1.5B | - | ||
| Private | - | - | $1.5B | - | ||
| Publicly listed | $128M | ($295M) | $1.3B | 6.6x |
Beacon Software Public Comps
Beacon Software is still privately-owned, but its public comps include Fractal Analytics, TRS Information Technology, ZoomInfo, PCITECH, BigBear.ai, Shenzhen Ysstech Info, Arcs Co, Wenge AI, Optasia and Fermi.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $347M | $50M | 3.7x | 3.4x | 25.7x | 20.3x | |||
| $77M | ($20M) | 17.4x | 17.8x | (66.1x) | 433.4x | |||
| $1.2B | $326M | 2.1x | 2.2x | 8.1x | 5.3x | |||
| $1.5B | $53M | 0.8x | 0.8x | 23.2x | - | |||
| $128M | ($295M) | 7.7x | 6.6x | (3.3x) | (25.3x) | |||
| $206M | $4M | 5.7x | - | 298.0x | - | |||
| $4B | $183M | 0.2x | 0.2x | 4.2x | 4.4x | |||
| $61M | ($20M) | 16.6x | - | (49.9x) | - | |||
This data is available for Pro users. Sign up to see all Beacon Software competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Beacon Software
| When was Beacon Software founded? | Beacon Software was founded in 2024. |
| Where is Beacon Software headquartered? | Beacon Software is headquartered in Toronto, Canada. |
| Is Beacon Software publicly listed? | No, Beacon Software is a private, VC-backed company. |
| What is Beacon Software's valuation? | Beacon Software was last valued at $1.4B in its Series C in June 2026. |
| How much funding has Beacon Software raised? | Beacon Software has raised $475M across 2 funding rounds. |
| What was Beacon Software's last funding round? | Beacon Software's last funding round was a $225M Series C in June 2026, led by General Catalyst and HarbourVest Partners. |
| Who are Beacon Software's investors? | Beacon Software's investors include General Catalyst, Lightspeed Venture Partners, Sator Grove Holdings, Journey LP, MSD Partners, D1 Capital Partners, Intrepid Growth Partners, Valiant Peregrine and HarbourVest Partners. |
| Which companies are comparable to Beacon Software? | Companies comparable to Beacon Software include Arda, Vinci, Cerence, Anew Labs, HAI ROBOTICS and BigBear.ai. |
| How many companies has Beacon Software acquired? | Beacon Software has acquired 3 companies, including E2E Soccer, PowerUp Sports and EDGE Software. |
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