The Canadian AI Index

Companies / Beacon

Beacon

AI rollup, ~1 acquisition/week.

beaconsoftware.com
Founded
2024
HQ
Toronto, ON
Category
Enterprise SaaS AI
Status
Active
Disclosed raised
US$475M

Funding history

RoundDateAmountInvestors
Series CJan 2026 US$225MGeneral Catalyst and HarbourVest Partners (co-leads); Lightspeed Venture Partners, Intrepid Growth Partners, Valiant Peregrine, BDT & MSD Partners (affiliated funds), Journey LP, Sator Grove. ~US$1.4B+ valuation (Globe/Silcoff); closed Jan, announced Jun 9; total >US$550M
Series BNov 4, 2025 US$250MGeneral Catalyst and Lightspeed Venture Partners and D1 Capital Partners (co-leads). Co-led by General Catalyst, Lightspeed Venture Partners and D1 Capital; total raised US$335M; US$1B valuation; separate C$28M Scotiabank debt facility.

Founders

Also backed by

Investors listed on their own portfolio pages or in reported coverage. Round details are not tracked in the Index.

Golden Ventures

In the newsletter

Sources

Data as of September 26, 2026. Suggest a correction