Fundraising FoxBeacon AI
San Carlos, US · Founded 2021 · 10 known investors
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Beacon AI builds an AI assistant for commercial and private aircraft to support pilots with checklist management, flight procedures, route optimization, and safety calculations. The platform serves airlines, charter operators, corporate flight departments, and aircraft manufacturers.
Founders & leadership
Beacon AI was founded in 2021 by Avinash Nair and Matthew Cox.
Board
Investors · 10
How we know: Alpha Startups Pre-Accelerator's portfolio page · Not right? Tell us
How we know: JetBlue Ventures's portfolio page · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
How we know: Scout Ventures's portfolio page · Not right? Tell us
How we know: Scout Ventures's portfolio page · a partner's Signal profile · the VCSheet dataset · Not right? Tell us
How we know: a partner's Signal profile · Not right? Tell us
How we know: a partner's Signal profile · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$19.6M disclosed across 1 round · 2024
▶$19.6MraisedAug 2024 · 22 investors · Other TechnologyRule 506(b)
- Gregory SandsDirector
- Matthew CoxExecutive Officer, Director
- Offering amount
- $21.1M
- Amount sold
- $19.6M
- First sale
- Aug 2024
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 6
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Companies working in the same space as Beacon AI.
Non-dilutive funding · 3 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| U.S. Air ForceAir Force | Phase II | 2023 | $1.2M |
| Department of DefenseSpecial Operations Command | Phase II | 2022 | $1.4M |
| Department of DefenseSpecial Operations Command | Phase II | 2022 | $1.1M |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does Beacon AI do?
- Beacon AI builds an AI assistant for commercial and private aircraft to support pilots with checklist management, flight procedures, route optimization, and safety calculations. The platform serves airlines, charter operators, corporate flight departments, and aircraft manufacturers.
- Who founded Beacon AI?
- Beacon AI was founded by Avinash Nair, Matthew Cox in 2021.
- Who are Beacon AI's investors?
- Beacon AI's investors include Alpha Startups Pre-Accelerator, ClearSky, JetBlue Ventures, New North Ventures, Scout Ventures, Scout Ventures, Silent Capital, SKY VC and 2 more.
- How much funding has Beacon AI raised?
- Beacon AI has disclosed $19.6M raised across 1 round.
- Where is Beacon AI headquartered?
- Beacon AI is headquartered in San Carlos, US.