BEAT (Transportation) Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 86

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $46M

BEAT (Transportation) General Information

Description

Developer of a ride-hailing application created to connect passengers with available professional drivers nearby. The company's online platform provides the option to take a ride from a driver selected by the company or select a driver based on user ratings and other factors, thereby enabling users to contact drivers who are close to their location, choose amongst the available drivers and request the provision of taxi services of their chosen driver.

Contact Information

Website
www.thebeat.co
Formerly Known As
Taxi beat
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 115 Kifissias Avenue
  • Athens, 115 24
  • Greece
Primary Industry
Automotive
Other Industries
Application Software
Acquirer
FreeNow
Vertical(s)
Mobility Tech, TMT, Mobile
Corporate Office
  • 115 Kifissias Avenue
  • Athens, 115 24
  • Greece

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BEAT (Transportation) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 16-Feb-2017 $46M Completed Profitable
4. Early Stage VC (Series A) 16-Dec-2013 Completed Startup
3. Early Stage VC 15-Jul-2013 Completed Startup
2. Angel (individual) 06-Dec-2011 $337K $337K Completed Startup
1. Seed Round 01-May-2011 Completed Startup
To view BEAT (Transportation)’s complete valuation and funding history, request access »

BEAT (Transportation) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a ride-hailing application created to connect passengers with available professional drivers nearby. The co
Automotive
Athens, Greece
86 As of 2016

Dubai, United Arab Emirates
 

Berlin, Germany
 
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BEAT (Transportation) Competitors (19)

One of BEAT (Transportation)’s 19 competitors is Careem, a Formerly VC-backed company based in Dubai, United Arab Emirates.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Careem Formerly VC-backed Dubai, United Arab Emirates
CleverShuttle Formerly VC-backed Berlin, Germany
Curb Mobility Private Equity-Backed Long Island City, NY
zuzuche.com Venture Capital-Backed Guangzhou, China
DiDi Global Formerly PE-Backed Beijing, China
You’re viewing 5 of 19 competitors. Get the full list »

BEAT (Transportation) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Majestic Referring Domains

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BEAT (Transportation) Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Angel (individual) Minority
Hummingbird Ventures Venture Capital Minority
OpenFund Venture Capital Minority
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BEAT (Transportation) FAQs

  • When was BEAT (Transportation) founded?

    BEAT (Transportation) was founded in 2011.

  • Where is BEAT (Transportation) headquartered?

    BEAT (Transportation) is headquartered in Athens, Greece.

  • What is the size of BEAT (Transportation)?

    BEAT (Transportation) has 86 total employees.

  • What industry is BEAT (Transportation) in?

    BEAT (Transportation)’s primary industry is Automotive.

  • Is BEAT (Transportation) a private or public company?

    BEAT (Transportation) is a Private company.

  • What is the current valuation of BEAT (Transportation)?

    The current valuation of BEAT (Transportation) is .

  • What is BEAT (Transportation)’s current revenue?

    The current revenue for BEAT (Transportation) is .

  • How much funding has BEAT (Transportation) raised over time?

    BEAT (Transportation) has raised $6.84M.

  • Who are BEAT (Transportation)’s investors?

    , Hummingbird Ventures, and OpenFund have invested in BEAT (Transportation).

  • Who are BEAT (Transportation)’s competitors?

    Careem, CleverShuttle, Curb Mobility, zuzuche.com, and DiDi Global are some of the 19 competitors of BEAT (Transportation).

  • When was BEAT (Transportation) acquired?

    BEAT (Transportation) was acquired on 16-Feb-2017.

  • Who acquired BEAT (Transportation)?

    BEAT (Transportation) was acquired by FreeNow.

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