About Beep!
Beep! is a company based in London (United Kingdom) founded in 2019 by Alexander S Lorenz and Aleksandr Arshinsky. Beep! has raised $1 million across 4 funding rounds. Beep! operates in a competitive market with competitors including Chabot, Moonwink Software, CARPORT, Pedal and QRID, among others.
- Net Profit-$373.69 K (USD)-3as on Dec 31, 2022
- EBITDA-$474.41 K (USD)-30as on Dec 31, 2022
- Total Equity Funding$1M (USD)
in 4 rounds
- Latest Funding Round$127.08K (USD), Seed
Apr 2022
Funding Insights of Beep!
Beep! has successfully raised a total of $1M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $127.08 thousand completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1M
- Total Rounds 4
- Last Round Seed — $127,079
- First Round $138,055
(May 2020)
All 4 funding rounds of Beep! with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $127,079 | Seed | $6.74M | – | – |
| Dec 2021 | $624,559 | Seed | $6.21M | – | – |
| Mar 2021 | $114,378 | Seed | $••••• | – | – |
| May 2020 | $138,055 | Seed | $••••• | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $6.74M | •••••••• |
| Dec 2021 | $6.21M | •••••••• |
| Mar 2021 | $••••• | •••••••• |
| May 2020 | $••••• | •••••••• |
Full valuation and stage history of Beep!
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $6.74M (Apr 2022).
People of Beep!
2 people are tracked at Beep! (2 in leadership).
| Name | Role | Group |
|---|---|---|
Alexander S Lorenz | Co-Founder | Leadership |
Aleksandr Arshinsky | Co-Founder | Leadership |
Complete people profiles for Beep!
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Beep!
4 dated milestones of Beep! across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Beep! is founded.
- Funding First funding round of $138K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $127K.
Competitors of Beep!
Beep! operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Chabot, Moonwink Software, CARPORT, Pedal and QRID, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| chabot.co.kr | 2016 | Seoul, South Korea | $900,000 | – | Online platform for ride-hailing, mobility, and vehicle services is operated. | |
| moonwink.com | 1997 | – | – | – | Delivers auto maintenance record management software for individual users. | |
| carport.app | 2022 | Los Angeles, United States | – | – | Provides a digital app for vehicle management and companionship for car owners. | |
| pedalapp.com | 2016 | Minneapolis, United States | – | – | OBD-enabled consumer telematics solutions for vehicles are provided. | |
| qrid.co | 2020 | Jakarta, Indonesia | – | – | Provides an online app for effective vehicle management solutions. |
Detailed competitors of Beep!
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Beep!
10 companies that operate in the same segment as Beep! (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 716.48 M | USD 446.48 M | 3,992 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.98 B | – | 2,500 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,000 | |
Retailer of new automobiles, used vehicles, and related automotive news | 2008 | Jaipur, Rajasthan, India | USD 60 M | USD 289.58 M | 721 |
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Frequently Asked Questions about Beep!
Beep! was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Beep! is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Beep! is a funded company, having raised a total of $1M across 4 funding rounds to date. The company's 1st funding round was a Seed of $138.06K, raised on May 2020.
Beep! was founded in 2019 in London, United Kingdom, as an app-based platform in the mobility sector. Vehicle-related operations are supported, including online payments for car insurance and fines, fuel station location, parking arrangements, and roadside assistance bookings. Additional services encompass partnerships for parking, car service reservations, and educational content on vehicle topics. The platform operates via the domain beep.club.
Beep!'s top competitors include Chabot, Pedal and Moonwink Software.
The valuation of Beep! is $6.74M as of Apr 2022.
Beep! operates through Beep! Club Limited.