Be
Beacon Platform
Cloud quant development platform for trading and risk applications
Beacon provides a cloud-hosted development environment with source-available financial libraries and prebuilt applications so institutions can build and run cross-asset trading and risk tools. Clearwater Analytics agreed to buy it in 2025, folding the platform into a broader front-to-back investment software stack.
GAII take
Strong for firms wanting Athena/SecDB-style infrastructure; confirm standalone licensing terms after integration into Clearwater.
Strong for firms wanting Athena/SecDB-style infrastructure; confirm standalone licensing terms after integration into Clearwater.
- Headquarters
- New York, NY, USA
- Founded
- 2014
- Company type
- Incumbent
- Latest round
- Acquired by Clearwater Analytics for approximately $560m, announced March 2025
- Status
- Active — Acquired by Clearwater Analytics for roughly $560m in 2025; Crunchbase now lists the company as closed/acquired. Co-founded by Kirat Singh (CEO) and Mark Higgin
- Buyer
- Investment banksAsset managersHedge funds
- Asset class
- Multi-asset
- Workflow
- Modeling & valuationRisk & monitoring
- Ai capability
- Agents & automation
- Delivery
- Deployed in client cloudSaaS application
GAII ID GAII-T0057 · Updated 2026-10-22 · Compiled from public sources for educational and informational purposes. Not investment advice.