About Freebee
Freebee is a company based in Miami (United States) founded in 2012 by Jason Spiegel and Kristopher Kimball.. Freebee has raised $8 million across 1 funding round from investors including bp and Tensile Investments. Freebee operates in a competitive market with competitors including Circuit, Beep, Nickel Ride, Electric Cab North America and Downtowner, among others.
- Headquarter Miami, United States
- Founders Jason Spiegel, Kristopher Kimball
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8 M (USD)
in 1 rounds
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Latest Funding Round
$8 M (USD), Series A
Oct 19, 2022
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Investors
bp
& 1 more
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Employee Count
Employee Count
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Funding Insights of Freebee
Freebee has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Series A round of $8 million completed in October 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 Total Funding
- Total Rounds 1
- Last Round Series A — $8.0M
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First Round
First Round
(19 Oct 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series A - Freebee | Valuation | BP Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Freebee
Freebee has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include bp and Tensile Investments. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tensile Investments is focused on clean mobility and infrastructure modernization.
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Founded Year | Domain | Location | |
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bp is recognized as a global energy company.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Freebee
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Freebee
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Freebee Comparisons
Competitors of Freebee
Freebee 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 Circuit, Beep, Nickel Ride, Electric Cab North America and Downtowner, 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 |
An app-based platform for electric vehicle shuttle services is operated.
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| domain | founded_year | HQ Location |
Intracity autonomous shuttles are booked through an app-based platform.
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| domain | founded_year | HQ Location |
Provides an app-based platform for shuttle services using electric vehicles.
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| domain | founded_year | HQ Location |
Delivers electric cab services for urban transport and advertising in Texas cities.
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| domain | founded_year | HQ Location |
Offers customizable software for on-demand and fixed route transit services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Freebee
When was Freebee founded?
Freebee was founded in 2012 and raised its 1st funding round 10 years after it was founded.
Where is Freebee located?
Freebee is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Is Freebee a funded company?
Freebee is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Series A of $8M, raised on Oct 19, 2022.
What does Freebee do?
FreeBee was founded in 2012 and is headquartered in Miami, United States. An app-based platform is operated for on-demand shuttle services using electric vehicles. Rides are requested by users specifying pick-up and destination points, with options to redeem deals or discounts integrated into the service. The application is accessible on both iOS and Android devices, serving the ride-sharing sector with a focus on sustainable transportation.
Who are the top competitors of Freebee?
Freebee's top competitors include Circuit, Beep and Nickel Ride.
Who are Freebee's investors?
Freebee has 2 investors. Key investors include bp, and Tensile Investments.