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Beep raises $52.7M in funding co-led by Intel Capital and Blue Lagoon Capital to develop pilot programs and expand into key markets.

Jun 26, 20256 months ago

Amount Raised

$52.7 Million

OrlandoInformation Technology

Investors

Blue Lagoon CapitalIntel Capital

Description

Beep, an Orlando, FL-based provider of autonomous shared mobility solutions, raised $52.7M in funding. The round was co-led by Intel Capital and Blue Lagoon Capital. The company intends to use the capital to develop new pilot programs and expand further into key markets. Beep is also launching the nation’s first fully autonomous public transit system in Jacksonville, Florida.

Company Information

Company

Beep

Location

13485 VETERANS WAY

Orlando, Florida, United States

About

Beep, Inc. delivers the next generation of autonomous, electric, shared mobility networks through its AI-enabled AutonomOS™ software platform and mobility-as-a-service offerings. Specializing in planning, deploying and managing autonomous transportation services for private and public communities, Beep safely connects people, places, goods and services with solutions that reduce congestion, eliminate carbon emissions, improve roadway safety and enable mobility for all. Beep utilizes artificial intelligence insights and vast data learnings from its deployments to enhance and advance the safety, rider experience, and operating capabilities of autonomous transportation platforms.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech