The startup provides a platform for renting shared electric scooters, utilizing IoT technology to create a network that enhances urban mobility. This service addresses last-mile connectivity issues, reduces traffic congestion, and minimizes environmental impact through a pay-per-use model.
Funding
$147.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
ACFounders
Product
Problem
Many cities face challenges related to traffic congestion, last-mile connectivity, and the need for sustainable transportation options. Existing public transportation systems often do not fully address these issues, leaving gaps in urban mobility.
Solution
Beam Mobility provides a network of shared e-scooters, e-bikes, and e-mopeds accessible via a mobile app, offering a convenient and eco-friendly transportation solution for urban dwellers. The company partners with cities to integrate its micromobility services, aiming to reduce car dependency, enhance public transport usage, and support local economies. Beam's vehicles are equipped with IoT technology for precise location tracking and geofencing, ensuring safe and responsible usage within designated zones. The service promotes sustainable transportation by offering an alternative to cars for shorter trips, contributing to reduced carbon emissions and improved air quality in urban environments. Through its Beam Safe Academy, the company provides rider education and enforcement programs to ensure rider and community safety.
Target Audience
The primary target audience includes urban residents, commuters, tourists, and students seeking convenient, affordable, and sustainable transportation options for short-distance travel within cities. Beam also targets city councils and local governments looking to improve transportation infrastructure and promote eco-friendly mobility solutions.
Features
- Mobile app for locating, unlocking, and paying for e-scooter, e-bike, and e-moped rentals
- IoT-enabled vehicles with GPS tracking and geofencing capabilities for controlled usage zones
- Rider insurance included for added protection
- #BeamBooster program partnering with local businesses to offer riders discounts and incentives
- #BeamForAll program providing discounted fares for low-income users in select cities
- Group ride feature allowing multiple riders to use a single account
- Vehicle options include the Beam Saturn 5 e-scooter with 11.5” wheels and wireless phone charging, the Beam Apollo 3 e-bike with increased basket capacity, and the Beam Rover e-moped with rear-wheel drive
- Pedestrian Shield technology (where available) to control vehicle speed based on the riding surface and detect pedestrians