Beacon Software

SaaS B2B · Toronto, CA

Toronto-based AI holding company that acquires niche software businesses and equips them with AI.

Founders

Nilam Ganenthiran (Canada · ♂) — Instacart's former president and a D1 Capital partner who founded Beacon Software in 2024 as a permanent holding company acquiring vertical 'Main Street' SaaS businesses to equip them with AI.
Divya Gupta (Canada · ♂) — A former Sequoia Capital partner who co-founded Beacon Software in 2024 to buy and AI-enable niche mission-critical software companies.

Shares the most investors with (number = shared investors):

Date	Round	Amount
Jun 2026	Series C Beacon Software closes a 225 million dollar Series C led by General Catalyst and HarbourVest Partners, at a 1.4 billion valuation, to continue its AI rollup strategy for niche software.	$225M
Nov 2025	Series B Beacon Software raised $250 million in a Series B co-led by General Catalyst, Lightspeed and D1 Capital, at a $1 billion valuation, for its AI rollup of software houses.	$250M

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Data is community-curated and may be incomplete.