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Beepi

Auto MarketplaceUSAClosed 2017

Total Raised

$150M

Peak Valuation

Undisclosed

Employees

Year Collapsed

2017

Business model

Peer-to-peer marketplace for buying/selling used cars with inspection and delivery.

In brief

A peer-to-peer used car marketplace that expanded operational costs faster than it built sustainable transaction margins. Later rounds couldn't close the gap and it was sold off in pieces.

See the What Happened tab for the full account.

Key facts

Founded
2013
Closed
2017
Headquarters
Mountain View, USA
Industry
Auto Marketplace
Employees
Revenue
Undisclosed

Related failures

Often compared with: Carvana, Vroom, CarMax.