Beacon Power Services

Lagos, Nigeria Founded: 2010 • Age: 16 yrs
Web-based building energy management software solutions are provided.
Annual revenue - Latest available
Total funding $10.8M 3 rounds
Employees - Tracked headcount
Investors 14 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Beacon Power Services

Beacon Power Services is a company based in Lagos (Nigeria) founded in 2010 by Bimbola Adisa. Beacon Power Services has raised $10.77 million across 3 funding rounds from investors including Partech Partners, Proparco and Finnfund. Beacon Power Services offers products and services including CAIMS, Adora, and Facility Management. Beacon Power Services operates in a competitive market with competitors including Particle, Signify, Landis+Gyr, Span.IO and PowerSecure, among others.

  • Headquarter Lagos, Nigeria
  • Founders Bimbola Adisa
  • Sectors
    Business Services
    Technology Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Beacon Power Services Ltd
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
    Not available
  • Total Equity Funding
    $10.77 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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Products & Services of Beacon Power Services

Beacon Power Services offers a comprehensive portfolio of products and services, including CAIMS, Adora, and Facility Management.

Product name locked
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Primary

Manages customer and asset data for utility networks.

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Optimizes utility operations and profitability through data.

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Improves facility efficiency and productivity with tailored tools.

People of Beacon Power Services

Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Gregoire Lecomte
Chief Commercial Officer
People
Otobong Essiet
Software Product Manager
People
Senyo Adu
Chief Financial Officer
People
Antigha Antigha Otu
Chief Administrative Officer

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Funding Insights of Beacon Power Services

Beacon Power Services has successfully raised a total of $10.77M across 3 strategic funding rounds. 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.

Investors in Beacon Power Services

Beacon Power Services has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Partech Partners, Proparco and Finnfund.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital is provided to global tech startups and scale-ups.
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Investments in sustainable development projects in developing countries.
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Economic development investments are financed through specialized solutions by Proparco.
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Investor details for Beacon Power Services

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Investments & Acquisitions by Beacon Power Services

Investments
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Investment portfolio details for Beacon Power Services

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Financial Statements - Beacon Power Services

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Detailed financials for Beacon Power Services

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Beacon Power Services Comparisons

Beacon Power Services Primary company
Description
Web-based building energy management software solutions are ...
Location
Lagos, Nigeria
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Beacon Power Services

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Competitors of Beacon Power Services

Beacon Power Services 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 Particle, Signify, Landis+Gyr, Span.IO and PowerSecure, among others.

Company Name Domain Founded year HQ Location Description
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Smart panels for home energy management are provided by Span.IO.
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Energy efficiency and smart grid management solutions
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Automotive lighting equipment is manufactured by Osram in Germany.
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Detailed competitors of Beacon Power Services

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Latest news on Beacon Power Services

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Complete news archive for Beacon Power Services

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Frequently Asked Questions about Beacon Power Services

Beacon Power Services was founded in 2010 and raised its 1st funding round 12 years after it was founded.

Beacon Power Services is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.

Bimbola Adisa is the current CEO of Beacon Power Services. They have also founded this company.

Beacon Power Services is a funded company, having raised a total of $10.77M across 3 funding rounds to date.

Provider of web-based building energy management software solutions. It provides solutions for network analytics which includes energy audit and meter data aggregation, and customer engagement which includes customer portal and revenue protection. It offers features such as energy management, real-time updates, facility management, utility services, asset management, shadow metering, diesel monitoring, and more. It also offers solutions for industrial building facilities.

Beacon Power Services's top competitors include Particle, Landis+Gyr and Signify.

Beacon Power Services offers CAIMS, Adora, and Facility Management.

Beacon Power Services has 14 investors. Key investors include Partech Partners, Proparco, Finnfund, Gaia Impact, and Kaleo Ventures.

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