Beepi

Menlo Park, United States Founded: 2013 • Age: 13 yrs Acquired By Fair
Operates a peer-to-peer marketplace for car sales with consignment services.
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About Beepi

Beepi is a company based in Menlo Park (United States) founded in 2013 by Alejandro Resnik and Owen Savir was acquired by Fair in December 2016. It operates as a P2P. Beepi has raised $148.9 million across 6 funding rounds from investors including SVB, FJ Labs and Fair. Beepi operates in a competitive market with competitors including ACV Auctions, Copart, CarLotz, Openlane and EBlock, among others.

  • Headquarter Menlo Park, United States
  • Founders Alejandro Resnik, Owen Savir
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $148.9 M (USD)

    in 6 rounds

  • Latest Funding Round
    $70 M (USD), Series C

    Aug 01, 2015

  • Investors
    SVB

    & 12 more

  • Employee Count
    Employee Count
  • Acquired by
    Fair

    (Dec 07, 2016)

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Funding Insights of Beepi

Beepi has successfully raised a total of $148.9M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $70 million completed in August 2015. 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
  • Total Rounds 6
  • Last Round Series C — $70.0M
  • First Round
  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2015 Amount Series C - Beepi Valuation

investors

Dec, 2014 Amount Series B - Beepi Valuation

investors

Oct, 2014 Amount Series B - Beepi Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Beepi

Beepi has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SVB, FJ Labs and Fair. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
Founded Year Domain Location
Redpoint Ventures is engaged in venture capital investments.
Founded Year Domain Location
Early-stage investments are directed toward disruptive technologies and innovations.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Beepi

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Beepi

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Beepi Comparisons

Employees
+
Add Comparison
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Competitors of Beepi

Beepi 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 ACV Auctions, Copart, CarLotz, Openlane and EBlock, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
B2B online auctions for car dealers' inventory are facilitated.
domain founded_year HQ Location
Used and salvaged vehicles are offered via an online marketplace.
domain founded_year HQ Location
Used cars are traded via an online consignment platform.
domain founded_year HQ Location
Wholesale used vehicles are auctioned online for dealers.
domain founded_year HQ Location
Pre-owned cars are purchased outright through an online platform.
domain founded_year HQ Location
Online platform for automotive dealers to acquire used cars
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Beepi

Frequently Asked Questions about Beepi

When was Beepi founded?

Beepi was founded in 2013.

Where is Beepi located?

Beepi is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.

Who is the current CEO of Beepi?

Alejandro Resnik is the current CEO of Beepi. They have also founded this company.

Is Beepi a funded company?

Beepi is a funded company, having raised a total of $148.9M across 6 funding rounds to date. The company's 1st funding round was a Series B of $60M, raised on Jun 01, 2013.

What does Beepi do?

Beepi, established in 2013 and currently in Dissolved stage, focuses on operating online marketplaces, marketplaces, dealing with automotive parts, and p2p car sales. Operates a peer-to-peer marketplace for car sales with consignment services. Adapting to market demands with innovation and client-focused strategies.

Who are the top competitors of Beepi?

Beepi's top competitors include CarLotz, ACV Auctions and Copart.

Who are Beepi's investors?

Beepi has 13 investors. Key investors include SVB, FJ Labs, Fair, SAIC Motor, and Foundation Capital.

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