About Beacon
Beacon is a company based in London (United Kingdom) founded in 2018 by Dmitri Izmailov and Fraser Robinson. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Beacon has raised $75 million across 3 funding rounds from investors including northstar, Upper90 and 8VC. The company has 64 employees as of December 31, 2023. Beacon offers products and services including Supply Chain Visibility Platform, Freight Tracking, and Carbon Reporting. Beacon operates in a competitive market with competitors including Flexport, sennder, Forto, Airspace and Wiz, among others.
- Headquarter London, United Kingdom
- Employees 64 as on 31 Dec, 2023
- Founders Dmitri Izmailov, Fraser Robinson
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Beacon Technologies Ltd.
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Annual Revenue
$72.21 K (USD)-100as on Dec 31, 2023
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Net Profit
$-13.75 M (USD)54as on Dec 31, 2023
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EBITDA
$-16.08 M (USD)46as on Dec 31, 2023
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Total Equity Funding
$75 M (USD)
in 3 rounds
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Latest Funding Round
$50 M (USD), Series B
Oct 03, 2021
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Investors
northstar
& 5 more
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Employee Count
64
as on Dec 31, 2023
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Products & Services of Beacon
Beacon offers a comprehensive portfolio of products and services, including Supply Chain Visibility Platform, Freight Tracking, and Carbon Reporting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for tracking and managing supply chain operations.
Service for real-time tracking of freight shipments.
Tool for measuring and reporting freight emissions data.
Funding Insights of Beacon
Beacon has successfully raised a total of $75M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in October 2021. 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 3
- Last Round Series B — $50.0M
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First Round
First Round
(07 Aug 2019)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series B - Beacon | Valuation | northstar | |
| Jun, 2020 | Amount | Series A - Beacon | Valuation |
investors |
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| Aug, 2019 | Amount | Series A - Beacon | 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
Beacon has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include northstar, Upper90 and 8VC. 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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Venture capital firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Seed and early-stage tech startups are invested in by Upper90.
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Founded Year | Domain | Location | |
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Venture capital firm investing in technology, life sciences, and related sectors.
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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
| 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
| 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 Comparisons
Competitors of Beacon
Beacon 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 Flexport, sennder, Forto, Airspace and Wiz, 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 |
End-to-end supply chain logistics platform and services are provided.
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| domain | founded_year | HQ Location |
Tech-enabled platform matches shippers and carriers for trucking loads.
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| domain | founded_year | HQ Location |
Tech-enabled freight forwarding services for multi-modal cargo transport are provided.
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| domain | founded_year | HQ Location |
Web-based cargo management solutions are offered for air logistics.
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| domain | founded_year | HQ Location |
Cloud security posture and application protection are managed across environments.
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| domain | founded_year | HQ Location |
Tech-enabled multi-modal freight forwarding services are provided globally.
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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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Latest news on Beacon
Frequently Asked Questions about Beacon
When was Beacon founded?
Beacon was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Beacon located?
Beacon is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Beacon?
Fraser Robinson is the current CEO of Beacon. They have also founded this company.
Is Beacon a funded company?
Beacon is a funded company, having raised a total of $75M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4.2M, raised on Aug 07, 2019.
How many employees does Beacon have?
As of Dec 31, 2023, the latest employee count at Beacon is 64.
What is the annual revenue of Beacon?
Annual revenue of Beacon is $72.21K as on Dec 31, 2023.
What does Beacon do?
A comprehensive supply chain visibility platform is offered by Beacon, focusing on real-time freight tracking, order collaboration, and analytics. Solutions for shippers and logistics service providers are developed to manage disruptions, improve warehouse visibility, and measure emissions. Tools for carrier performance analysis, customer service streamlining, and demurrage control are included. The platform serves various sectors within logistics and supply chain management, ensuring transparency and efficiency through automated tracking and shareable dashboards.
What products or services does Beacon offer?
Beacon offers Supply Chain Visibility Platform, Freight Tracking, and Carbon Reporting.
Who are Beacon's investors?
What is Beacon's valuation?
The valuation of Beacon is $71.9M as of Jun 2020.
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