Tech Company Financing Transactions

Beacon AI Funding Round

On 10/15/2024, Beacon AI landed $15 million in Series A funding from Costanoa Venture Capital, private investors and JetBlue Technology Ventures.

Transaction Overview

Company Name
Announced On
10/15/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to expand its team, deliver on existing DOD and commercial engagements, and accelerate the deployment of its flagship products: Murdock, an AI-powered pilot assistant akin to R2-D2 for pilots, and Lighthouse, its data platform and flight management system.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
2001 Union Street 400
San Francisco, CA 94123
USA
Phone
Undisclosed
Email Address
Overview
Beacon AI is building the future of flight safety and efficiency for aircraft operators. Uniquely led by a team with experience in aviation and self-driving car software. Beacon AI is an aviation technology company, not just a technology company. Our team is led by people with both experience as very experienced professional pilots and years of experience building self-driving car software - giving us unique earned insights compared to the legacy approach.
Profile
Beacon AI LinkedIn Company Profile
Social Media
Beacon AI Company Twitter Account
Company News
Beacon AI News
Facebook
Beacon AI on Facebook
YouTube
Beacon AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Matt Cox
  Matt Cox LinkedIn Profile  Matt Cox Twitter Account  Matt Cox News  Matt Cox on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/15/2024: Monument Therapeutics venture capital transaction
Next: 10/15/2024: REsurety venture capital transaction

 

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