# Beacon AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beacon-ai

- Industry: Software
- Headquarters: San Carlos, US
- Website: www.beaconai.co
- Total disclosed funding: $35M
- Latest round: Series A (Oct 15, 2024)
- Investors on record: 3

## About

Based in California, US, and founded in 2021 by CEO Matt Cox and Avinash Nair, Beacon AI Inc., a.k.a. Beacon AI operates as an aviation technology company focused on advancing flight safety and operational efficiency. The company develops solutions for commercial and private fleets by combining expertise in aviation and self-driving car software. In October 2024, Beacon AI Inc. raised USD 15 million in a Series A funding round led by Costanoa Ventures, with participation from JetBlue Technology Ventures and Scout Ventures.

Beacon AI offers an AI-powered assistant designed to augment pilots’ capabilities and ensure safer, more efficient flights. The system provides real-time support for checklist management, configuration oversight, and route optimization. Additional features include live flight monitoring, fleet analysis, and performance calculations to improve operational decision-making. The platform integrates seamlessly with third-party systems and offers tools for flight debriefing and playback. With solutions tailored for airlines, air charter operators, and other aviation stakeholders, Beacon AI combines technology and aviation insights to address modern challenges in flight safety and efficiency.

The company plans to use its proceeds from October 2024 funding to expand its team, deliver on existing DoD and commercial engagements, and accelerate the deployment of its flagship products.

## Funding rounds

- Series A, Oct 15, 2024, $15M — Scout Ventures, Costanoa Ventures, SKY VC
- Series A, Aug 12, 2024, $20M — Scout Ventures, Costanoa Ventures, SKY VC

## Investors

- Scout Ventures (https://capitalatlas.ai/funds/scout-ventures) — Series A
- Costanoa Ventures (https://capitalatlas.ai/funds/costanoa-ventures) — Series A
- SKY VC (https://capitalatlas.ai/funds/sky-vc) — Series A