Freebee Miami Based Startup Has Raised $8M

Freebee is providing free electric transportation all over the USA and this company is based in MIAMI. They provide free ride service in the United States by using the ride Freebee mobile app.

Freebee got funding from BP ventures and the amount is worth it. Freebee is an application where a local community can book an on-demand ride.

For more startup funding news.

The investment of $8M will certainly be going to help Freebee to expand more and bring in more advanced technology to make their service better. Also, they are planning to expand their team along with their business expansion.

They are having 25 campuses in Florida on which they are providing their free electric transportation service to the community.

Now they are planning to expand to other cities by the end of the year 2022.

One more remarkable thing which will happen with this expansion is that they will be able to move approximately 1 million passengers which is the cherry on the cake.

1 million is a huge number and freebee wishes to achieve this number by the end of 2022.

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Shaun Healey the owner of BP ventures has said that he really loves the idea suggested by freebee and that’s the reason the company has invested in Freebee.
Freebee isn’t charging a penny from the passengers and provides a free ride and that’s something really nice that makes this idea very brilliant in itself.

Freebee owner said that being a student oneself knows how hard is to travel in Miami and that’s the reason the owners of Freebee gas launched the service to Carbon free as transportation has decarbonization mobility.

How does freebee make money?

Freebee provides on-demand mobility with zero carbon emissions to universities, colleges, resorts and hotels, and many other points and companies. They are working on a huge scale and wish to expand more in the coming days which is amazing.

They have around 150 vehicles and these are operational at 25 places which is something worth Freebee.

So MIAMI has a massive network of free electric transportation facilities that they can enjoy and other cities just wait for a few months to get this facility in their respective cities

Transportation is a basic need for everyone as every student needs to travel to reach college and university.
Apart from that, there are other points as well which people commute in order to reach the destination.

Freebee has provided an environmentally friendly platform and this too with just a click as they have an app that can be easily downloaded on mobile and you can get the best service right away in your town which is super amazing.

More Reading: Cabify Boost Their New Logistics Business by Investing $20M

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