Report: Beepi To Raise $300M At $2B Valuation

May 31, 2015 | The accessible used car marketplace Beepi announced that it is raising at least $300 million at a $2 billion valuation, according to the “Wall Street Journal”. Though the final amount has yet to be finalized, the co-founder and CEO Alex Resnik said that the ‘monster round’ would reach at least $300 million and that it would close by the end of next month. The funds will reportedly be used to expand Beepi’s services, which is currently only available in a number of US states, across the US by the end of the year and to expand internationally by the end of 2016. Beepi was founded by Ale Resnik and Owen Savir in 2013 and is based in Los Altos, California.