# Beaconstac

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

- Industry: Internet
- Headquarters: New York, US
- Website: www.beaconstac.com
- Total disclosed funding: $25M
- Latest round: Series A (Jan 17, 2023)
- Investors on record: 2

## About

Based in New York, US, and founded in 2019, Uniqode Phygital, Inc., doing business as Beaconstac operates as a software-as-a-service (SaaS) company offering QR (quick response) code customer engagement platform. The firm mainly serves restaurants, consumer goods, real estate, and retail businesses and some of its clients include Revlon, Nestle, FedEx, Marriott, etc. In January 2023, the firm raised USD 25 million in series A funding led by investor Telescope Partners, with participation from investor Accel. Beaconstac as of January 2023, has customers in more than 40 countries and is led by its CEO, Sharat Potharaju.

The company offers phy-gital (physical-digital) solutions using QR Codes, Wifi, NFC (near-field communication), and consumer mobile devices to improve marketing, make interactive packaging, streamline processes, raise customer satisfaction, etc. Some of the products offered by the company include a QR Code generator, bulk QR code generator, QR Code API (application programming interface), and QR code tracking for tracking who is scanning the code and in-depth analytics. 

The company generates its revenue by offering its technology solution under different subscription plans including QR Code Generator at free of cost, a dynamic QR Code generator at USD 8 per month billed annually for 3 QR codes in a starter pack, USD 49 per month billed annually for 250 QR codes in Pro pack, etc.

The company plans to utilize its January 2023 funding to support the development of its platform, hire new employees, and serve a wide range of customers.

## Funding rounds

- Series A, Jan 17, 2023, $25M — Accel, Telescope Partners

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A
- Telescope Partners (https://capitalatlas.ai/funds/telescope-partners) — Series A