What is Beep?
Founded in 2011 and headquartered in Orlando, FL, Beep operates at the intersection of automotive technology and sustainable transportation. The company specializes in developing and deploying autonomous electric vehicles designed for passenger transport. Beep's mission is to revolutionize personal and public transit by offering efficient, safe, and eco-friendly mobility solutions. Their focus on multi-passenger vehicles positions them to address the needs of both individual users and larger communities seeking advanced transportation alternatives.
How much funding has Beep raised?
Beep has raised a total of $104.8M across 2 funding rounds:
Series A
$45M
Unspecified
$52.7M
Series A (2022): $45M with participation from Blue Lagoon, ABS Capital, and Intel Capital
Unspecified (2025): $52.7M led by Intel Capital and Blue Lagoon
Key Investors in Beep
Intel Capital
Intel Capital, a division of Intel, focuses on investing in innovative startups across various technology sectors, including artificial intelligence and autonomous vehicles, providing strategic backing for companies like Beep.
Blue Lagoon
Blue Lagoon is an investment entity dedicated to commercializing technologies that enhance human efficiency and business productivity, with a focus on disruptive innovations in various industries.
ABS Capital
ABS Capital is a financial services firm based in India, offering personalized investment advisory and financial planning services, indicating a broad scope of financial expertise.
What's next for Beep?
With the recent infusion of major strategic capital, Beep is poised for accelerated expansion and technological advancement. The company is likely to leverage this investment to scale its operations, enhance its autonomous driving capabilities, and broaden its service footprint. Future developments may include strategic partnerships with municipalities or other transportation providers to integrate Beep's solutions into existing transit networks. Continued innovation in battery technology and vehicle autonomy will be critical for maintaining its competitive edge in the rapidly evolving mobility landscape.
See full Beep company page
