Beacon is a digital supply chain and freight platform that provides real-time tracking and visibility of shipments across over 160 ocean carriers, 150 airlines, and 158,000 road carriers. The platform streamlines communication among supply chain stakeholders by automating updates and document sharing, reducing delays and improving operational efficiency.
Funding
$80.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
NVFounders
Product
Problem
Global supply chains face challenges in tracking shipments across multiple carriers and stakeholders, leading to communication silos, delays, and inefficiencies. Many companies lack real-time visibility into their goods in transit, resulting in reactive management of disruptions and increased operational costs.
Solution
Beacon provides a supply chain visibility and collaboration platform that aggregates real-time tracking data from over 160 ocean carriers, 150 airlines, and 158,000 road carriers. The platform automates updates and document sharing among supply chain stakeholders through shareable dashboards and embedded chat, enabling proactive exception management. By providing a unified view of moving goods, Beacon helps businesses anticipate and mitigate disruptions, streamline workflows, and improve customer service. The platform also offers supply chain analytics and reporting tools to measure carrier performance, identify problematic routes, and optimize logistics planning. Additionally, Beacon supports carbon emissions reporting, enabling businesses to track and manage their environmental impact.
Target Audience
Beacon primarily targets shippers, beneficial cargo owners (BCOs), and logistics service providers seeking to improve supply chain visibility, streamline collaboration, and optimize their operations.
Features
- Real-time freight tracking across ocean, air, and road carriers
- Shareable dashboards for providing customers with live shipment updates
- Automated alerts for supply chain disruptions and exceptions
- Order collaboration tools for requesting, storing, and sharing documents
- Supply chain analytics for measuring carrier performance and identifying bottlenecks
- Logistics planning tools for optimizing routes and reducing delays
- Carbon emissions reporting for tracking and managing environmental impact
- Shipment Tracking API for integrating Beacon's visibility data into existing systems