About BlockBeacon
BlockBeacon is a company based in Santa Monica (United States) founded in 2012 by Joe Marchese was acquired by Dun & Bradstreet in June 2015.. BlockBeacon has raised $500 thousand across 1 funding round from investors including Dun & Bradstreet and Resolute Ventures. BlockBeacon operates in a competitive market with competitors including Yelp, Atmosfy, The Infatuation, Seek Recs and Beli, among others.
- Headquarter Santa Monica, United States
- Founders Joe Marchese
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Seed
Jun 21, 2012
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Investors
Dun & Bradstreet
& 1 more
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Employee Count
Employee Count
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Acquired by
Dun & Bradstreet
(Jun 01, 2015)
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Funding Insights of BlockBeacon
BlockBeacon has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in June 2012. 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 1
- Last Round Seed — $500,000
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First Round
First Round
(21 Jun 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2012 | Amount | Seed - BlockBeacon | Valuation |
investors |
| 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 BlockBeacon
BlockBeacon has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Dun & Bradstreet and Resolute Ventures. 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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Early-stage venture capital funding is provided to founders.
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Founded Year | Domain | Location | |
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Financial analysis and risk assessment solutions are provided to businesses.
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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 BlockBeacon
| 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 - BlockBeacon
| 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 |
Blockbeacon Comparisons
Competitors of BlockBeacon
BlockBeacon 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 Yelp, Atmosfy, The Infatuation, Seek Recs and Beli, 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 |
Platform for discovering and sharing local businesses
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| domain | founded_year | HQ Location |
Food discovery and review platform is provided through video recommendations.
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| domain | founded_year | HQ Location |
App-based platform for restaurant reviews
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| domain | founded_year | HQ Location |
Curated food recommendations from experts are delivered via mobile apps.
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| domain | founded_year | HQ Location |
App-based restaurant discovery platform
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| domain | founded_year | HQ Location |
Food-related content and recipes are offered via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 BlockBeacon
When was BlockBeacon founded?
BlockBeacon was founded in 2012.
Where is BlockBeacon located?
BlockBeacon is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Is BlockBeacon a funded company?
BlockBeacon is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Jun 21, 2012.
What does BlockBeacon do?
Founded in 2012, BlockBeacon operates as a discovery platform in the food and drink sector. A map-centric website and mobile applications are utilized to connect local businesses and consumers through real-time updates on promotions, inventory, and events. Operations focus on California, with content refreshed continuously to reflect daily changes. The platform is headquartered in Santa Monica, United States.
Who are the top competitors of BlockBeacon?
BlockBeacon's top competitors include Yelp, Atmosfy and The Infatuation.
Who are BlockBeacon's investors?
BlockBeacon has 2 investors. Key investors include Dun & Bradstreet, and Resolute Ventures.
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