Beacon Software has announced a $250 million Series B financing led by General Catalyst, Lightspeed Venture Partners, and D1 Capital. This round brings Beacon's total funding to $335 million since its founding last year.

The round also included investments from BDT & MSD Partners, Chris Rogers (CEO of Instacart), and Sator Grove. They join existing backers including Amar Varma (Mantle), Darren Farber (Albion River), Eric Glyman and Karim Atiyeh (Ramp), Fidji Simo (OpenAI), Rafael Corrales (Background Capital), Scott Wu (Cognition) and Tony Xu (DoorDash).

Beacon Software provides its portfolio companies with a shared platform of technology, design, fintech, and go-to-market capabilities. Its Beacon Partners network, an advisory community of leaders from Instacart, Lineage Logistics, Meta, OpenAI, Ramp, Shopify, and others-helps entrepreneurs accelerate innovation, recruit top talent, and expand distribution while preserving their independence and identity.