Beacon Software

Backed byLightspeed Venture Partners
Total raised$250.0M
StageSeries B
Hiring pace25 roles / 90d
Founded2024
Team size11-50
HQToronto, Ontario
IndustriesEnterprise SoftwareSaaSB2BPrivate Equity

About Beacon Software

Beacon Software is a software holding company founded by Nilam Ganenthiran, former President of Instacart and D1 Capital partner, and Divya Gupta, former Sequoia Capital partner, that acquires, builds, and grows vertical market software businesses with a permanent capital base and long-term investment horizon. The company takes a distinctive approach by acquiring businesses with the intent to hold them indefinitely while investing in their continued growth, rather than pursuing traditional exit strategies. In November 2025, Beacon Software announced a $250M Series B led by investors including D1 Capital, General Catalyst, CPMG, and prominent technology entrepreneurs including the Collison brothers, Tony Xu, and Eric Glyman. Led by technology entrepreneurs rather than financial professionals, the company combines operational expertise with committed capital to build enduring software businesses.

Open positions · 28

Company at a glance

Locations
New York, United States ·San Francisco, United States ·Toronto, Canada
Investors
D1 Capital Partners ·General Catalyst ·Lightspeed Venture Partners ·MSD Partners

Founders & Leadership

NR

Nick Reed

Chief of Staff @ Beacon Software

LinkedIn
DG

Divyahans Gupta

Co-Founder & CTO at Beacon Software, former Partner at Sequoia Capital

LinkedIn
NG

Nilam Ganenthiran

Founder/CEO - Beacon Software | Prev: President @ Instacart, Partner @ D1 Capital

LinkedIn
SR

Suraj Reddy

Senior Software Developer, Ex-Shopify & Startups

LinkedIn
GO

Greg Orelowitz

VP, Business Operations at Beacon Software

LinkedIn

Location

About the Team

Team Distribution

  • Business Operations & Management53%
  • Other Specialized21%
  • Software Engineering9%
  • Sales & Business Development6%
  • Leadership4%

Where the Team Studied

  1. 1.Western University
  2. 2.Queen's University
  3. 3.Wilfrid Laurier University
  4. 4.University of Waterloo
  5. 5.University of Toronto

Team Worked At

  • Instacart
  • Constellation Software Inc.
  • Kearney
  • Microsoft
  • McKinsey & Company

Team Composition

44 people
  • Finance2 senior16
  • Business Development1 senior5
  • Leadership4 senior5
  • Accounting3
  • Engineering1 senior3
  • Entrepreneurship3 senior3
  • Operations1 senior3
  • Product Management1 senior1

Culture & values

Company is founded by technology entrepreneurs passionate about building great software

Seeks out founders who have spent years understanding their market and prioritizing customer-specific needs

Acquires companies with intent to hold them forever and invest in continued growth

Operates with permanent, committed capital base with long-term time horizon

No pressure or intent to sell acquired companies to other buyers

Founders have careers spent investing in, scaling and building high growth technology businesses

Funding History

Series BNov 2025

$250M

raised

Beacon Software, an AI holding company transforming real-world industries, raised a $250 million Series B round co-led by General Catalyst, Lightspeed Venture Partners and D1 Capital.

Lightspeed Venture PartnersGeneral CatalystD1 Capital PartnersMSD Partners

Frequently asked questions

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