Beep Secures Series B Funding to Propel Autonomous Mobility Networks Forward

In a significant move for the autonomous transportation sector, Beep, Inc., a prominent player in the field of autonomous mobility solutions, has successfully closed a Series B funding round, amassing around $130 million in total capital raised to date. The funding was spearheaded by Mobileye, a global leader renowned for its groundbreaking advancements in autonomous vehicle technology and advanced driver-assistance systems. This collaboration underscores the shared commitment to enhancing the landscape of mobility in the United States.

The newly acquired capital aims to bolster Beep's efforts in scaling and expanding its mobility-as-a-service offerings. Notably, it will further develop partnerships with technology providers and public-sector entities, while advancing the deployment of Beep's AI-driven AutonomOS platform. This platform is rooted in Beep's extensive experience as an autonomous vehicle (AV) operator, simplifying the intricate processes of managing and orchestrating Physical AI networks within transportation systems.

Kobi Ohayon, the Chief Operations Officer at Mobileye, expressed enthusiasm about the partnership, stating, "Mobileye and Beep have been collaborating closely on AV deployment projects. Our excitement for the future of improving transportation through applied physical AI on the road has never been greater." He emphasized that Beep plays a critical role in the evolving AV ecosystem in the U.S., and highlighted the increasing importance of Beep's deployment platform as diverse AV services are introduced into the market.

Moreover, Kevin Reid, CEO and Chairman of Beep, commented on the strategic significance of this funding. He noted, "This strategic investment round, led by Mobileye and supported by our longstanding investor partners, positions Beep to deliver fully on its vision. It enables us to enhance and expand our shared autonomous mobility solutions, facilitating safer, smarter, and more connected transport for communities."

For Beep, this funding round marks not only a vital financial achievement but also a validation of its pivotal role as a transit partner for modern mobility solutions. By leveraging cutting-edge technology, Beep aims to provide practical autonomous service operations and create a reliable infrastructure for automated transit.

About Beep, Inc.

Beep, Inc. stands at the forefront of autonomous mobility innovation, providing next-generation services through its mobility-as-a-service offerings and AutonomOS mobility operating system. The company specializes in planning, deploying, and managing autonomous transportation networks. By connecting communities, goods, and services, Beep’s solutions are designed to enhance safety, ease congestion, and broaden access to mobility options. Utilizing artificial intelligence grounded in real-world operational knowledge, Beep's platform ensures scalable and dependable deployments of autonomous transit across both public and private networks.

About Mobileye

Founded in 1999, Mobileye (Nasdaq: MBLY) has been at the helm of the mobility revolution, pioneering autonomous driving and driver-assistance technologies. With a profound expertise in artificial intelligence and integrated software and hardware, the company has facilitated the global adoption of advanced driver-assistance systems, contributing to increased road safety and reduced vehicular accidents. Mobileye continues to innovate, having acquired Mentee Robotics in 2026 to explore the future potential of physical AI and humanoid robotics. Today, Mobileye's technology is embedded in over 250 million vehicles worldwide, reaffirming its status as a market leader in autonomous technologies.

For further information and media inquiries, please contact Alex Poirot at [email protected].