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Beepi - About the company

Beepi is a deadpooled company based in Menlo Park (United States), founded in 2013 by Alejandro Resnik and Owen Savir. It operates as a P2P car selling marketplace with consignment services. Beepi has raised $149M in funding, with last known valuation of $*****. The company has 162 active competitors, including 6 funded and 13 that have exited. Its top competitors include companies like ACV Auctions, Copart and Openlane.

Company Details

Beepi is an online peer-to-peer marketplace to buy and sell used cars with consignment services. Beepi makes an initial offer around $1,000 above what dealerships might offer. After inspecting the car, the Beepi team will spend the next 30 days trying to sell it to interested buyers. If they don’t succeed, Beepi will buy the vehicle for the original price quoted. Buyers get a 10-day return policy with three-month, 3,000-mile warranty on all parts and service. Beepi handles payment processing and title transfer paperwork. and takes a 9% cut. Raised an additional funding (as part of the Series B investment) of $12.5 million from over 80 investors on the AngelList platform in Dec 2014.
Website
beepi.com
Social
XFacebook
Key Metrics
Founded Year
2013
Location
Menlo Park, United States
Stage
Deadpooled
Total Funding
$149M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Feb 17, 2017
Investors
Ranked
Similar Companies
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Beepi's funding and investors

Beepi has raised a total funding of $149M over 6 rounds. Its first funding round was on 2013. Its latest funding round was a Series C round on Aug 2015 for $*****. 4 investors participated in its latest round. Beepi has 18 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Beepi:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 2015
2385692
Series C
8419921
4546395
1393549
6036656
Dec 30, 2014
9848349
Series B
6510487
1950065
5063674
Oct 06, 2014
6430215
Series B
9609385
4647269
3831741
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Beepi's founders and board of directors

Founder? Claim Profile
The founders of Beepi are Alejandro Resnik and Owen Savir.
Here are the details of Beepi's key team members:
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Beepi's Competitors and alternates

Top competitors of Beepi include ACV Auctions, Copart and Openlane. Here is the list of Top 10 competitors of Beepi, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ACV Auctions
ACV Auctions
2014, Buffalo (United States), Series E
Online marketplace providing auction services for used vehicles to licensed dealers
$350M
73/100
2nd
Logo for Copart
Copart
1982, Dallas (United States), Public
Online marketplace for used and salvaged vehicles
$1.1M
-
72/100
3rd
Logo for Openlane
Openlane
1999, Redwood City (United States), Acquired
Online used cars auction platform
$75M
64/100
4th
Logo for Manheim
Manheim
1945, Atlanta (United States), Unfunded
Provider of used vehicle services and marketplace for vehicle exchange
-
-
64/100
5th
Logo for CarLotz
CarLotz
2011, Charlotte (United States), Acquired
Online P2P consignment-based car trading platform
$37M
64/100
6th
Logo for EBlock
EBlock
2016, Burlington (United States), Funding Raised
Outright buyer for pre-owned cars
-
52/100
7th
Logo for Drivin Dealer
Drivin Dealer
2015, Chicago (United States), Acquired
Optimizing dealer inventory with data-driven vehicle recommendations and market insights
$17.5M
48/100
8th
Logo for CLASSIC.COM
CLASSIC.COM
2019, Miami (United States), Series A
App-based marketplace offering second-hand cars for auction
$14.6M
-
45/100
9th
Logo for ACV Auto
ACV Auto
2015, Buffalo (United States), Public
Automotive digital marketplaces and data services for dealers
-
-
43/100
10th
Logo for Beepi
Beepi
2013, Menlo Park (United States), Deadpooled
P2P car selling marketplace with consignment services
$149M
42/100
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Beepi's Investments and acquisitions

Beepi has made no investments or acquisitions yet.

Reports related to Beepi

Here is the latest report on Beepi's sector:

News related to Beepi

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FAQs about Beepi

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