An ‘anti-private-equity’ startup raised $225M to buy Main Street software and rebuild it with AI

An ‘anti-private-equity’ startup raised $225M to buy Main Street software and rebuild it with AI

Private equity buys companies, strips out costs, and flips them. A two-year-old startup called Beacon has raised hundreds of millions to do almost the opposite, and to let AI do the heavy lifting. Beacon, an “AI-native” holding company based in Toronto and San Francisco, said on Tuesday it had raised a $225mn Series C led […]

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