News Formal

Cloud startup Beacon used this pitch deck to raise $20 million - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The founders of cloud startup Beacon give banks, trading firms and asset managers easier access to cutting edge software. Here's the pitch deck they used to raise $20 million

This story requires our BI Prime membership. To read the full article,Beacon, a New York-based cloud startup, offers banks, asset managers and trading firms access to cutting edge software. The company just raised $20 million in a Series B round led by Centana Growth Partners.

Here's the pitch they used for their latest round. Beacon has raised a total of $39 million from investors, including PIMCO and Global Atlantic.Technology can be a competitive game-changer in financial services. But for banks, asset managers and trading firms, deploying cutting edge software can be time-consuming, tedious — and expensive.

Beacon offers banks and financial services firms access to pre-built applications and other tools for analyzing data, improving operations and making sure they're complying with regulations.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ChAI: London AI startup raises funds from Passion Capital and MMC - Business InsiderLondon-based AI startup ChAI raised $1.7 million to address the $60 billion commodity price market
Source: BusinessInsider - 🏆 729. / 51 Read more »

N26 reaches the 5 million customer milestone after record growth in 2019 - Business InsiderN26 reached 5 million users after record growth in 2019 — incentivizing consistent usage could be a successful strategy to fuel continued growth.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Yum China CEO reveals why the company is tackling delivery in a completely different way from its rivalsYum China CEO Joey Wat told Business Insider why the brand refuses to outsource its delivery business to third parties.
Source: BusinessInsider - 🏆 729. / 51 Read more »