: 93% of revenue now stems from recurring contracts with municipalities that integrate Freebee into their public transit networks.
By early 2026, Freebee’s impact has grown significantly, moving nearly . By replacing underperforming fixed-route systems with on-demand electric vans, the company has helped cities like Seminole County move nearly 30,000 passengers a month, proving that micro-transit can be more cost-effective and flexible than legacy systems. 2022---bp--invests-in-the-Florida-start-up-Freebee
BP’s investment was driven by its "transition growth engines," specifically focusing on EV charging and convenience. : 93% of revenue now stems from recurring
: For BP, supporting an all-electric fleet aligns with its broader commitment to reach net-zero emissions by 2050 or sooner. BP’s investment was driven by its "transition growth
: The fleet’s custom electric vehicles serve as mobile billboards, offering brands unique local visibility. Strategic Impact of the BP Investment
In October 2022, the global energy giant BP made a significant move into the burgeoning South Florida tech scene by leading an $8 million Series A funding round for , a Miami-based electric transportation startup. Through its investment arm, bp ventures , the company injected $6 million into Freebee to scale its unique "micro-transit" model nationwide. This partnership highlights a critical intersection between corporate sustainability goals and the rise of on-demand, eco-friendly urban mobility. The Freebee Model: Redefining Public Transit