COMPANY INFO
Beep, Inc. is a privately held company founded in 2019 and headquartered in Orlando, Florida. It operates in the automotive industry with approximately 112 employees and focuses on developing autonomous mobility technology that provides safe and efficient passenger transportation using electric, driverless shuttles. The company's platform offers managed services including route monitoring and operation to ensure a pleasant and safe passenger experience. Website: https://ridebeep.com/about-beep/meet-beep
Beep, Inc. is an innovative company founded in 2019, operating within the Autonomous Mobility Solutions industry. Headquartered in Orlando, Florida, Beep, Inc. develops and operates autonomous, electric, driverless shuttle services that offer safe, efficient transportation for passengers across various environments, including cities, campuses, and planned communities. With a team of over 100 employees, the company provides a comprehensive mobility platform that includes managed services such as route monitoring and operational oversight, ensuring a seamless and enjoyable experience for its users.
Beep, Inc. funding has been driven by a robust growth strategy, securing a total of $97.7 million across three funding rounds since inception. The company’s funding history demonstrates a strong focus on scaling operations, product development, and expanding into new markets. Major financial milestones have included successive Series A and B rounds, each serving as a springboard for broader deployments and technology enhancements. Strategic partnerships with notable venture capital groups have positioned Beep, Inc. as a leader in autonomous mobility, leveraging capital for research, commercial pilots, and market entry in cities across the United States. The company’s funding approach reflects a careful balance between innovation investment and operational scaling, with support from leading technology and transportation-focused investors.
This Series B round was Beep, Inc.’s largest to date, dedicated to growth and expansion. The funds are being used to extend the company’s autonomous shuttle deployments, deepen R&D for safer and more efficient transportation solutions, and support business development initiatives in new geographic regions.
This Series A round supported further product development and the scaling of operational capabilities. The investment enabled Beep, Inc. to deploy more autonomous shuttles and enhance its platform’s core technologies, responding to increased demand in urban and campus microtransit.
As Beep, Inc.’s initial Series A round, this funding provided essential capital for early-stage product development and market entry. It supported the launch of key pilot projects, laying the groundwork for the company’s subsequent expansion and technology innovation.
ABS Capital is a growth-stage venture capital firm with a history of backing transformative technology companies. As a lead investor in Beep, Inc.’s Series A round, ABS Capital played a critical role in supporting the company’s early growth and operational scaling.
Intel Capital is the strategic venture capital arm of Intel Corporation, known for investing in pioneering technology enterprises. As a lead investor in both Series A and Series B rounds, Intel Capital has been instrumental in fueling Beep, Inc. funding for autonomous mobility innovation and large-scale deployments.
In addition to support from Intel Capital, Intel itself participated in the initial Series A round, bolstering Beep, Inc. investment in core autonomous technologies and hardware integration.
Blue Lagoon is a venture capital firm that joined the early Series A round, backing Beep, Inc. during its foundational product development and pilot phase.
M7 Ace Neo is an investment group with interests in emerging mobility and transportation tech. Their involvement provided additional momentum for Beep, Inc. funding rounds targeting urban mobility solutions.
Sea Sprout Investments contributed capital aimed at supporting Beep, Inc.’s expansion into diverse market segments and strengthening its financial base for scaling operations.
Granite Asia, a regional venture capital firm, supported Beep, Inc. investment strategies as the company moved to enter broader Asian and international markets.
NUS Technology Holdings, an affiliate of the National University of Singapore, provided strategic investment and innovation guidance as Beep, Inc. explored advanced R&D partnerships.
SUTD Venture, linked with the Singapore University of Technology and Design, invested in Beep, Inc. to encourage cutting-edge research and help build the next generation of autonomous vehicle platforms.
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