Beacon Power Services
Latest round
- Debt
Last raised
- Oct 2026
Total raised
- $13M
Investors
- 14
About Beacon Power Services
Founded in 2010 by its CEO Abimbola Adisa and based in Ikeja, Nigeria, Beacon Power Services Limited, operates as a software company that focuses on providing energy management software and analytics solutions for utilities, enabling energy providers to prevent outages and identify network losses. The company provides Adora, a proprietary platform leveraging machine learning and data analytics to enhance electric distribution grid efficiency. Adora provides real-time visibility into technical and non-technical losses, empowering utilities with data-driven optimization strategies. The firm’s solutions include energy accounting for tracking real-time losses and outages, revenue optimization to minimize billing and collection losses, and AI-driven asset management to predict and prevent outages. The company also offers customized facilities management solutions to monitor electricity supply, optimize energy consumption, and manage costs. The platform enhances energy efficiency, automates vendor payments, and streamlines billing cycles. The company plans to use investment aims to support efficient power distribution and grid management solutions for Africa's electricity sector.
Who invested in Beacon Power Services
14 investors across 5 rounds
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Questions about Beacon Power Services
Who invested in Beacon Power Services?
Beacon Power Services has 14 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Beacon Power Services raised?
Beacon Power Services has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Beacon Power Services last raise money?
Beacon Power Services's most recent round on record is a Debt, in Oct 2026.
What does Beacon Power Services do?
Founded in 2010 by its CEO Abimbola Adisa and based in Ikeja, Nigeria, Beacon Power Services Limited, operates as a software company that focuses on providing energy management software and analytics solutions for utilities, enabling energy providers to prevent outages and identify network losses.
Where is Beacon Power Services headquartered?
Beacon Power Services is headquartered in Ikeja, Nigeria.
Which VCs invest in companies like Beacon Power Services?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Norrsken22 and 4DX Ventures back software companies at Beacon Power Services's stage. Their profiles are linked below.
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