What is Beep?
Founded in 2011 and headquartered in Orlando, FL, Beep is a prominent provider of autonomous multi-passenger electric vehicle mobility solutions. The company is at the forefront of developing and deploying technology designed to revolutionize urban transportation and logistics. Beep's focus on sustainable, self-driving electric vehicles positions it as a key player in the future of mobility, addressing the growing demand for efficient and eco-friendly transit options.
How much funding has Beep raised?
Beep has raised a total of $97.7M across 2 funding rounds:
Series A
$45M
Unspecified
$52.7M
Series A (2022): $45M with participation from ABS Capital, Intel Capital, and Blue Lagoon
Unspecified (2025): $52.7M led by Blue Lagoon and Intel Capital
Key Investors in Beep
Blue Lagoon
Blue Lagoon Capital is a private equity firm based in Florida, specializing in investment in infrastructure and energy management technologies, aligning with Beep's focus on electric vehicle solutions.
Intel Capital
Intel Capital, the venture capital arm of Intel, invests in innovative startups across various technology sectors, including autonomous vehicles, demonstrating a strategic interest in Beep's market.
ABS Capital
ABS Capital, a financial services firm, provides investment advisory and financial planning services, indicating a broad interest in supporting growth-stage companies like Beep.
What's next for Beep?
The substantial enterprise-level capital infusion and recent strategic investment signal Beep's readiness for accelerated growth and market expansion. This financing is expected to fuel further research and development, enhance operational capabilities, and broaden the deployment of its autonomous mobility services. Beep is strategically positioned to capitalize on the increasing adoption of electric and autonomous technologies, aiming to solidify its leadership in the next generation of transportation.
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