About Beacon Endoscopic
Beacon Endoscopic is a company based in Boston (United States) founded in 2008 was acquired by Covidien in November 2013.. Beacon Endoscopic has raised $3.81 million across 4 funding rounds from investors including Covidien. Beacon Endoscopic operates in a competitive market with competitors including Butterfly Network, Exo, SonoSite, Zonare Medical Systems and TechsoMed, among others.
- Headquarter Boston, United States
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Sectors
Healthcare
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Phone
*********
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Website
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Social
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Software Development Team
362 people
Leadership Team
153 people
Sales and Marketing
123 people
Senior Team
61 people
Product Management Team
61 people
Finance and Accounting
52 people
Human Resources and Administration
40 people
Principal Team
28 people
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Funding Insights of Beacon Endoscopic
Beacon Endoscopic has successfully raised a total of $3.81M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1.2 million completed in July 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $1.2M
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First Round
First Round
(18 Aug 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2013 | Amount | Debt – Conventional - Beacon Endoscopic | Valuation |
investors |
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| Mar, 2013 | Amount | Debt – Conventional - Beacon Endoscopic | Valuation |
investors |
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| Jul, 2012 | Amount | Seed - Beacon Endoscopic | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Beacon Endoscopic
Beacon Endoscopic has secured backing from 1 investor. Prominent investors backing the company include Covidien. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Medical devices for minimally invasive therapies are provided globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Beacon Endoscopic
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Beacon Endoscopic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Beacon Endoscopic Comparisons
Competitors of Beacon Endoscopic
Beacon Endoscopic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Butterfly Network, Exo, SonoSite, Zonare Medical Systems and TechsoMed, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Handheld ultrasound devices are developed for whole-body medical imaging.
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| domain | founded_year | HQ Location |
Ultrasound images are analyzed via AI-based software provided by Exo.
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| domain | founded_year | HQ Location |
Hand-carried ultrasound systems for medical specialties are developed and distributed.
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| domain | founded_year | HQ Location |
Portable ultrasound systems are developed and provided for medical use.
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| domain | founded_year | HQ Location |
Ultrasound-based monitoring systems for thermal ablation procedures are developed.
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| domain | founded_year | HQ Location |
UV-C disinfection systems for ultrasound probes are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Beacon Endoscopic
When was Beacon Endoscopic founded?
Beacon Endoscopic was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Where is Beacon Endoscopic located?
Beacon Endoscopic is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Beacon Endoscopic a funded company?
Beacon Endoscopic is a funded company, having raised a total of $3.81M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.25M, raised on Aug 18, 2011.
What does Beacon Endoscopic do?
Beacon Endoscopic was founded in 2008 in Boston, United States, and operates as a subsidiary of Covidien plc within the medical devices sector. Endoscopic ultrasound delivery systems are developed to support clinical workflows in endoscopy. The Beacon system is designed for multi-needle passage through a single device, while SharkCore enables fine-needle biopsies with cohesive tissue acquisition, and BNX facilitates fine-needle aspiration procedures.
Who are the top competitors of Beacon Endoscopic?
Beacon Endoscopic's top competitors include Butterfly Network, Exo and TechsoMed.
Who are Beacon Endoscopic's investors?
Beacon Endoscopic has 1 investor. Key investors include Covidien.
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