Beacon

London, United Kingdom Founded: 2018 • Age: 8 yrs
Multi-modal freight forwarding services are provided via an AI-enabled platform.
Annual revenue $72,210 Latest available
Total funding $75.0M 3 rounds
Employees 64 Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Transportation, Automotive & Logistics
  • 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.
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $72.21 K (USD)
    -100
    as on Dec 31, 2023
  • Net Profit
    -$13.75 M (USD)
    54
    as on Dec 31, 2023
  • EBITDA
    -$16.08 M (USD)
    46
    as on Dec 31, 2023
  • Total Equity Funding
    $75 M (USD)

    in 3 rounds

  • Latest Funding Round
    $50 M (USD), Series B

    Oct 03, 2021

  • Investors
    northstar

    & 5 more

  • 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.

Product name locked
Category locked
Primary

Platform for tracking and managing supply chain operations.

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Service for real-time tracking of freight shipments.

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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.

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.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital firm investing in multiple sectors
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Seed and early-stage tech startups are invested in by Upper90.
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Venture capital firm investing in technology, life sciences, and related sectors.
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Investments & Acquisitions by Beacon

Investments
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Investment portfolio details for Beacon

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Financial Statements - Beacon

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Detailed financials for Beacon

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Beacon Comparisons

Beacon Primary company
Description
Multi-modal freight forwarding services are provided via an ...
Location
London, United Kingdom
Founded Year
2018
Annual Revenue
$72.21 K (USD)
Net Profit
-$13.75 M (USD)
EBITDA
-$16.08 M (USD)
Employees
64
As of 2023
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Peer comparison for Beacon

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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.

Company Name Domain Founded year HQ Location Description
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End-to-end supply chain logistics platform and services are provided.
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Tech-enabled platform matches shippers and carriers for trucking loads.
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Tech-enabled freight forwarding services for multi-modal cargo transport are provided.
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Web-based cargo management solutions are offered for air logistics.
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Cloud security posture and application protection are managed across environments.
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Tech-enabled multi-modal freight forwarding services are provided globally.
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Detailed competitors of Beacon

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Latest news on Beacon

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Complete news archive for Beacon

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Frequently Asked Questions about Beacon

Beacon was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Beacon is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Fraser Robinson is the current CEO of Beacon. They have also founded this company.

Beacon is a funded company, having raised a total of $75M across 3 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Beacon is 64.

Annual revenue of Beacon is $72.21K as on Dec 31, 2023.

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.

Beacon's top competitors include Wiz, Forto and Flexport.

Beacon offers Supply Chain Visibility Platform, Freight Tracking, and Carbon Reporting.

Beacon has 6 investors. Key investors include northstar, Upper90, 8VC, Expa, and Jeff Bezos.

The valuation of Beacon is $71.9M as of Jun 2020.

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