What does Beep do?
Beep provides autonomous shared mobility solutions that offer safe, eco-friendly, driverless transportation for first- and last-mile travel. Its offerings include intelligent software and a command center that ensures rider safety through continuous monitoring and personal interaction.
How much did they raise?
The company raised $52.7M in a funding round co-led by Intel Capital and Blue Lagoon Capital, bringing its total funding to $97.7M.
What are their plans for the money?
Beep plans to use the capital to develop new pilot programs and expand into key markets, including launching the nation’s first fully autonomous public transit system in Jacksonville, Florida, which could significantly transform urban mobility.
What have they achieved so far?
Beep has already successfully deployed 38 autonomous shuttles across nine states and introduced its NAVI program, demonstrating substantial progress towards revolutionizing shared mobility.
