Tech Company Financing Transactions
Beaconstac Funding Round
Beaconstac closed a $25 million Series A venture capital round on 1/18/2023. Investors included Telescope Partners and Accel Partners.
Transaction Overview
Company Name
Announced On
1/18/2023
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Telescope Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further develop its platform, build the team, and enable new and existing customers to adopt QR codes as a means to create personal connections with a wide audience at scale, and bridge physical world customer experiences to digital.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
12 East 49th St
New York, NY 10017
USA
New York, NY 10017
USA
Phone
Website
Email Address
Overview
Beaconstac is in the business of driving offline commerce and consumer engagement leveraging the mobile device. Our platform helps businesses to increase footfalls, generate leads, engage with loyal customers and collect feedback.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sharat Potharaju
Chief Technical Officer
Ravi Maddimsetty
Browse more venture capital transactions:
Prev: 1/18/2023: Wallapop venture capital transaction
Next: 1/18/2023: awork venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs