Startup

Beacon Software

Toronto software holding company that acquires industry-specific software businesses and develops AI tools for their customers.

Key details

Profile type: Organization
Geography: Toronto, Ontario, Canada
Stage: Not publicly stated
Sector: Enterprise software, Artificial intelligence
Founder groups: Not publicly stated
Last verified: Nov 5, 2026

About Beacon Software

Beacon Software, legally named Beacon Acquisition Corp., is a Toronto company founded in 2024. It acquires software businesses serving industries such as campgrounds, schools and wealth management, then supports them with product development, operations and AI capabilities. The Globe and Mail reported on November 5, 2026 that CPPIB had bought a US$50 million stake as part of an expansion of Beacon’s June financing from US$225 million to US$425 million. The report values the expanded round at US$1.75 billion including cash received; US$425 million is the total round size, rather than an additional new round.

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