Beat (app)
Beat is responsible for developing a taxi cab and peer-to-peer-ridesharing mobile application, the Beat app, for smartphones and other mobile devices. Beat's headquarters are located in Athens, Greece, where it is popular among locals. However, about 90 percent of the company’s ride-booking activity is abroad, in Latin America, where more than 250,000 drivers have registered with the app.
Beat is currently available in Greece, Chile, Peru, Colombia, Mexico and Argentina.Background
Formerly known as Taxibeat, the company was founded in 2011 by Nikos Drandakis in collaboration with associates Nikos Damilakis, Kostis Sakkas and Michael Sfictos. The ride-hailing service was acquired by MyTaxi in February 2017, and was soon renamed to Beat. MyTaxi is a subsidiary of the automotive manufacturer Daimler AG.
Before the Greek firm was integrated into the Daimler cadre of corporations, Beat raised approximately $7 million in Series capital in its first two years of operations.
Today the company is part of the FREE NOW group, the ride-hailing joint venture of BMW and Daimler.
