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Encompass Corporation secures investment from Beacon Equity Partners to power growth
Encompass secures new funding from Beacon Equity Partners on the back of significant revenue growth and a 74% increase in headcount over the last 12 months
Leading RegTech provider of Know Your Customer (KYC) automation software, Encompass Corporation, has secured new investment from Beacon Equity Partners, a Boston-based private equity group focused on companies that solve regulatory and compliance challenges.
Beacon joined with existing investors in a broader capital round supporting Encompass’ growth in 2020. To further this important relationship, Beacon Partner, Joe Bradley, an experienced FinTech investor, will also join Encompass’ Advisory Council, to sit alongside existing members Stephen Allen, former CRO of Macquarie Group; Kevin Gould, founder of IHS Markit, and Raymond W. Scott, CEO of Axolotl Corp. ....

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