Estonia
Beast, with the slogan "Beast is promoting electric vehicle sharing through a convenient and fun minute-based rental app, creating positive environmental impacts," is a transportation startup founded in 2021 and headquartered in Estonia. The company is revolutionizing the transition to electric vehicles by combatting prejudice and redefining the definition and importance of vehicle possession.
Their flagship product, Beast Rent app, is accessible on iOS and Android, allowing users to rent a Tesla at a minute-based rate with no unnecessary paperwork or keys, just your smartphone. By offering electric vehicle sharing, Beast aims to optimize and decrease traffic congestion, alleviate parking demand, reduce harmful emissions, and extend the longevity of roadways. Their innovative services are poised to make a significant impact on the transportation sector and environmental sustainability.
The company recently secured a significant €3.30M Seed Round investment at 07 November 2023. This investment marks a significant milestone for Beast, providing them with the resources needed to further develop their platform and expand their reach. The absence of disclosed investors for this round suggests that Beast may be focusing on strategic partnerships or individual angel investors to support their growth.
Overall, Beast's unique approach to electric vehicle sharing, combined with their recent investment, positions them as a promising player in the ever-evolving transportation industry.
