Beev: the electric car specialist raises 1.5 million euros

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Posted on 25.01.22
Acceleration Investment
Beev : le spécialiste de la voiture électrique lève 1,5 million d’euros 1

Beev, the electric car expert, has raised €1.5 million in order to develop its 100% digital offer and operate internationally.

Beev: the electric transition simplified

Beev : le spécialiste de la voiture électrique lève 1,5 million d’euros

Founded in 2019 – by Chanez DJOUDI and Solal Botbol – Beev (“BE Electric Vehicle”) is a 100% online sales platform whose mission is to facilitate the transition to electric vehicles by assisting companies and individuals in purchasing their vehicles, setting up charging stations, or obtaining subsidies.

Beev in a few figures:

4M€ of business volume in 2021

300 000€ of turnover in 2021

A +15% growth every month

500 requests from motorists per month

Hundreds of electric cars sold and charging stations set up

1 car and 1 charging station sold per day on average

A fundraising that will help Beev decarbonize car fleets

Labeled as Greentech Innovation by the Ministry of Ecological Transition, the startup – incubated by HEC Paris and accelerated by the Moove Lab – aims to decarbonize car fleets. Beev wishes to improve its offer by achieving, in particular, the following goals:

  • Reduce the cost of a recharging infrastructure, through an optimized algorithm allowing to propose the most adequate installation for each customer.

  • Optimize electric vehicles sales by building a reliable database dedicated to the residual value of a vehicle.

This fundraising will help Beev achieve these goals and also to:

  • Double its workforce, currently 20 employees, for sales positions and research and development in particular (20 positions to be filled in 2022).

  • Develop its international activity, mainly in Europe, in order to meet the growing market demand.

Beev was created with a simple ambition, to facilitate the transition to electric cars for everyone, because today the purchasing experience is not in line with the complexity of the process; neither for individuals nor for companies. Beev has had a relationship with Via ID since the beginning of the adventure and its integration into the Moove Lab, the acceleration program dedicated to mobility at Station F. This relationship and this trust are consolidated with this new round of financing. We share the same ambition: to create a European leader to facilitate the transition to electric cars in order to accelerate the decarbonization of the European car fleet. The fundraising will allow us to develop our business, strengthen the tech and make our solution benefit the largest number of people.

Solal Botbol
, Co-founder of Beev

The electric vehicle market is growing fast. As part of our new strategic roadmap, which is particularly interested in this sustainable mobility solution for all, Via ID is proud to support Beev in their first fundraising. It is crucial to support motorists in this transition and to develop new services, particularly in the field of recharging. We have followed Beev’s excellent track record during its acceleration at the Moove Lab at Station F and we are convinced that this startup has strong European potential.

David Schwarz
, CEO of Via ID