About Beepi
Beepi was a Retail company based in Menlo Park (United States) founded in 2013 by Alejandro Resnik and Owen Savir, and was acquired by Fair in December 2016. It operates a peer-to-peer marketplace for car sales with consignment services. It operates on a P2P model. Beepi has raised $148.9 million across 6 funding rounds from investors including SVB, FJ Labs and Fair. Its chief executive, as recorded, is Alejandro Resnik. The company is recorded as dissolved. Its focus areas include E-commerce, Marketplaces, Automotive and P2P Car Sales. Its competitors include ACV Auctions, Copart and CarLotz; 2 of its 3 listed competitors have raised funding.
Company details
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.
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 $148.9M
- Total Rounds 6
- Last Round Series C — $70M
- Investors Count 12
All 6 funding rounds of Beepi 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 |
|---|---|---|---|---|---|
| Aug 2015 | $70M | Series C | – | – | |
| Dec 2014 | $12.7M | Series B | – | – | |
| Oct 2014 | $60M | Series B | – | – | |
| Apr 2014 | $5M | Series A | – | – | |
| Nov 2013 | $1.2M | Seed | – | – | – |
| Jun 2013 | Seed | – | – |
13 investors in total: 7 institutional and 6 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors | 1995 | foundationcapital.com | Palo Alto, United States | |
Redpoint Ventures is engaged in venture capital investments. | redpoint.com | Woodside, United States | ||
Early-stage investments are directed toward disruptive technologies and innovations. | acme.vc | San Francisco, United States | ||
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors | 2007 | fjlabs.com | New York, United States | |
Automobiles are manufactured, researched, and sold by SAIC Motor. | 1940 | saicmotor.com | Shanghai, China | |
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States | |
YM Yuri Milner | Russian billionaire investor, founder of DST Global, active in tech startups | unknown_440fffb053a84e898 | ||
TS Tina Sharkey | unknown_0442e08a6d4c4f1da | |||
FG Fabrice Grinda | French entrepreneur, angel investor, co-founder of OLX, active in Indian startups | unknown_c95565f2f7f54c33a | ||
JM Jose Marin | unknown_4706afca6fb34184a |
Investor details for Beepi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Beepi
2 people are tracked at Beepi (2 in leadership).
| Name | Role | Group |
|---|---|---|
Alejandro Resnik | Ex-Co-Founder, CEO | Leadership |
Owen Savir | Ex-Co-Founder | Leadership |
Complete people profiles for Beepi
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Timeline of Beepi
4 dated milestones of Beepi across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Beepi is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $70.0M.
- Exit Acquired by Fair.
Competitors of Beepi
Beepi has 3 listed competitors in our database, 2 of them funded. They include ACV Auctions, Copart and CarLotz.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| acvauctions.com | 2014 | Buffalo, United States | $350M | 1,674 | B2B online auctions for car dealers' inventory are facilitated. | |
| copart.com | 1982 | Dallas, United States | 10,200 | Used and salvaged vehicles are offered via an online marketplace. | ||
| carlotz.com | 2011 | Charlotte, United States | $37.03M | 403 | Used cars are traded via an online consignment platform. |
Detailed competitors of Beepi
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Web traffic of Beepi
Websites that share an audience with Beepi (beepi.com).
Websites whose visitors overlap most with Beepi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| carlypso.com | 90% | View details | |||
| renrenche.com | 65% | 14.2K | #1,227,624 | View details |
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Related news about Beepi
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Frequently Asked Questions about Beepi
Beepi was founded in 2013.
Beepi is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Alejandro Resnik is the CEO of Beepi, as recorded in our data. They have also founded this company.
Beepi is a funded company, having raised a total of $148.9M across 6 funding rounds to date.
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.
Beepi's top competitors include CarLotz, ACV Auctions and Copart.
Beepi has 13 investors. Key investors include SVB, FJ Labs, Fair, SAIC Motor, and Foundation Capital.
Yes. Beepi was acquired by Fair in December 2016.