Founders / Nilam Ganenthiran
Nilam Ganenthiran
Nilam Ganenthiran is the co-founder and CEO of Beacon, an enterprise SaaS AI company based in Toronto. Nilam Ganenthiran co-founded Beacon with Divya Gupta. Beacon had raised US$525M across 3 rounds as of November 2026, most recently a US$50M bridge round in November 2026 led by CPP Investments. The Canadian AI Newsletter last covered Beacon in October 2026.
Co-founder/CEO of Beacon.
Beacon
AI rollup, ~1 acquisition/week.
- Role
- Co-founder/CEO
- HQ
- Toronto, ON
- Founded
- 2024
- Status
- Active
- Disclosed raised
- US$525M
- Latest round
- Bridge/Extension, Nov 5, 2026
- Website
- beaconholdings.com
Co-founders: Divya Gupta
Investors: CPP Investments, General Catalyst, HarbourVest Partners, Lightspeed Venture Partners, D1 Capital Partners, Intrepid Growth Partners, Valiant Peregrine, BDT & MSD Partners (affiliated funds), and 3 more
In the newsletter
- CanadianAI: Anthropic signs on for a $10B data centre in Cape Breton, and Tenstorrent raises US$1.5BOct 20, 2026
- CanadianAI: $300M for Bengio’s LawZero and Canada’s largest venture fund everSep 22, 2026
- CanadianAI: $50B AI data centre in Saskatchewan and five AI startups raiseSep 15, 2026
- CanadianAI: The State of Canadian AI, H1 2026Jul 28, 2026
- CanadianAI: Two unicorns in a week, and Ottawa finally starts writing the rulesJun 16, 2026
Founders are listed as named in primary coverage of their companies. Profile links are matched to the company before they are published. To correct this page or ask for it to be removed, email the Index.
Data as of November 10, 2026.