About Beep
Beep is a company based in Singapore (Singapore) founded in 2018 by Benjamin Long and Kristoffer Jacek Soh Zhi Wei. It operates as a API-as-a-Product, SaaS (Software-as-a-Service), and Mobility-as-a-Service. Beep has raised $3.3 million across 2 funding rounds from investors including Granite Asia, Farquhar Venture Capital and Singapore University of Technology and Design. Beep offers products and services including eMobility Platform, Unattended Retail Solution, and API for Automation. Beep operates in a competitive market with competitors including Nayax, OTI and KPay Innovation, among others.
- Headquarter Singapore, Singapore
- Founders Benjamin Long, Kristoffer Jacek Soh Zhi Wei
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Sectors
Financial Services
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Beep Technologies
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Annual Revenue
$340.61 K (USD)128as on Jun 30, 2021
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Net Profit
-$21.92 K (USD)-218as on Jun 30, 2021
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EBITDA
Not available
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Total Equity Funding
$3.3 M (USD)
in 2 rounds
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Latest Funding Round
$3.3 M (USD), Seed
Jul 31, 2024
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Investors
Granite Asia
& 7 more
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Employee Count
Not available
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Products & Services of Beep
Beep offers a comprehensive portfolio of products and services, including eMobility Platform, Unattended Retail Solution, and API for Automation.
Platform enabling open payments for electric vehicle chargers.
Solution supporting cashless payments for retail vending machines.
API provided for creating IoT-based automation user journeys.
Funding Insights of Beep
Beep has successfully raised a total of $3.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.3 million completed in July 2024. 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.
Investors in Beep
Beep has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Granite Asia, Farquhar Venture Capital and Singapore University of Technology and Design.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are provided to early-stage startups in Southeast Asia.
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PE, VC, and single family office focused on multiple sectors
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investor details for Beep
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Investments & Acquisitions by Beep
Investment portfolio details for Beep
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Financial Statements - Beep
Detailed financials for Beep
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- Profit trends
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Beep Comparisons
Peer comparison for Beep
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- Named peers
- Headcount comparison
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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 Nayax, OTI and KPay Innovation, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payment solutions for vending machines are provided, including telemetry systems.
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Payments for wearable devices are enabled via cloud-integrated platform.
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Pay-as-you-go platform for device payments and accessibility without upfront costs.
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Detailed competitors of Beep
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Latest news on Beep
Complete news archive for Beep
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Frequently Asked Questions about Beep
Beep was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Beep is headquartered in Singapore, Singapore.
Kristoffer Jacek Soh Zhi Wei is the current CEO of Beep. They have also founded this company.
Beep is a funded company, having raised a total of $3.3M across 2 funding rounds to date.
Annual revenue of Beep is $340.61K as on Jun 30, 2021.
Beep is established as a universal automation platform focused on IoT solutions. The company is engaged in bridging the physical and digital divide through a modular platform. It is designed to power smart, contextual, and interoperable connectivity across physical touchpoints. Sectors served include eMobility and unattended retail. Privacy is ensured by leveraging decentralized technology. Solutions provided encompass open payment systems for electric vehicle chargers and cashless payment options for retail machines. Developers are supported through an accessible API for creating automations.
Beep's top competitors include Nayax, OTI and KPay Innovation.
Beep offers eMobility Platform, Unattended Retail Solution, and API for Automation.
Beep has 8 investors. Key investors include Granite Asia, Farquhar Venture Capital, Singapore University of Technology and Design, M7holdings, and Wing Vasiksiri.