Beacon, a Canadian company located in Toronto and Montreal that offers a novel solution designed to ease the transitions of immigrants moving to Canada, has successfully raised CAD $5.25 million in early investment.
Investors
- MS Transverse Insurance Group
- Wayne Pommen
- Adrian Rocca
- Jonathan McCain
- Jawl Residential Group
Use of funds
The funding will be used by the startup to expedite the development of their software.
About Beacon
Under the direction of CEO Stuart Szabo and Co-Founder and Chief Product & Technology Officer Aditya Mhatre, Beacon offers an app designed specifically for Canadian immigrants that offers checklists, personalized digital information, and pertinent stuff to download prior to leaving the country. Beacon Money, an inventive, specially designed method of meeting an immigrant’s financial demands by providing common financial solutions, will soon be available on the app.
