How Much Did Beacon Systems Raise?
Funding & Key Investors

Beacon Systems has secured $1.1M in total capital, with its most recent financing round bringing in $755K in a major strategic investment. This significant backing underscores the company's established presence and growth trajectory within the enterprise technology sector.

What is Beacon Systems?

Beacon Systems
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BeaconGov, a subsidiary of Radiant Digital, operates as a key provider of technology, engineering, and business solutions tailored for commercial and public sector clients, with a pronounced focus on state and local government agencies. The company champions digital transformation initiatives, offering a comprehensive suite of services including digital strategy development, product engineering, cloud migration, and advanced analytics. As a recognized minority-owned small business and an ISO-certified federal prime contractor, BeaconGov is adept at deploying its specialized expertise to deliver innovative solutions and achieve substantial outcomes for its clientele. Their collaborative approach and dedication to excellence have consistently garnered positive recognition and outstanding ratings from federal partners.

How much funding has Beacon Systems raised?

Beacon Systems has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$755K

Debt (2020): $350K with participation from PPP

Debt (2021): $755K led by PPP

What's next for Beacon Systems?

The recent major strategic investment signifies a pivotal moment for Beacon Systems, indicating a strong market validation and providing the necessary capital for accelerated expansion and innovation. This infusion of financing is expected to fuel further development of their digital transformation services, potentially enabling the company to broaden its reach within the public sector and enhance its offerings for state and local government clients. The company's established position as a federal prime contractor and its focus on high-value outcomes suggest a strategic direction aimed at solidifying its role as a leader in government technology solutions.

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Frequently Asked Questions Regarding Beacon Systems Financial Insights

What are the most recent funding rounds that Beacon Systems has completed, and what were the funding rounds?
Beacon Systems has recently completed 2 funding rounds: Debt on Feb 9, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Beacon Systems has raised to date?
Beacon Systems has raised a total of $1.1M in funding to date.
How many funding rounds has Beacon Systems completed?
Beacon Systems has completed 2 funding rounds.
How much funding did Beacon Systems raise in its most recent funding round?
Beacon Systems raised $755K in its most recent funding round.
Who are the lead investors in Beacon Systems's latest funding round?
The lead investor in Beacon Systems's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Beacon Systems's history?
The largest funding round in Beacon Systems's history was $755K.
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