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§ Private Profile · San Francisco, CA, USA
Provides cellular network connectivity and hardware solutions for IoT, enabling LPWAN deployments for remote sensors with long-life batteries.
Beep has raised $102.0M across 4 funding rounds.
Key people at Beep.
Beep was founded in 2011 by Daniel Conrad (Founder/CEO) and Shawn Lewis (Founder).
Beep has raised $102.0M in total across 4 funding rounds.
Based in San Francisco, California, Beep develops cellular network connectivity and hardware solutions for the Internet of Things, focusing on low-power, wide-area network deployments for remote enterprise devices. The organization provides small, cloud-connected wireless sensors that automatically transmit data and track environmental metrics such as GPS location, temperature, moisture, atmospheric pressure, and altitude. These hardware units also support additional external components like gas monitors or cameras, operating on specialized batteries that function for up to 10 years. Operating primarily within the industrial and agricultural sectors, the business utilizes a business-to-business model to sell physical gateways alongside subscription-based network connectivity services. The micro-scale operation currently maintains a headcount of two employees and previously secured early-stage backing from the Y Combinator summer accelerator batch. Beep was officially founded in 2014 by Daniel Conrad and Shawn Lewis.
Beep has raised $102.0M across 4 funding rounds. Most recently, it raised $53.0M Series A in April 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2025 | $53M Series A | — | Intel Capital | Announced |
| Mar 1, 2022 | $25M Series A | Jennifer Krusius | Intel Capital, National Grid Partners, Mark Rostick, Rodney Rogers, Blue Lagoon Capital, Hidden Creek Management, TDF Ventures | Announced |
| May 1, 2021 | $20M Series A | Intel Capital, Kevin Reid | National Grid Partners | Announced |
| Nov 1, 2014 | $4M Seed | — | Dolby Family Ventures, Goat Capital, LifeX Ventures, Pear VC, Streamlined Ventures, BEN Davenport, Samvit Ramadurgam, Siqi Chen | Announced |
Key people at Beep.
Beep was founded in 2011 by Daniel Conrad (Founder/CEO) and Shawn Lewis (Founder).
Beep has raised $102.0M in total across 4 funding rounds.
Beep's investors include Intel Capital, Jennifer Krusius, National Grid Partners, Mark Rostick, Rodney Rogers, Blue Lagoon Capital, Hidden Creek Management, TDF Ventures, Kevin Reid, Dolby Family Ventures, Goat Capital, LifeX Ventures.
Beep is a company specializing in cellular networks for IoT through the development of small, cloud-connected wireless sensors that operate on batteries for up to 10 years. These sensors can monitor various environmental parameters such as GPS location, temperature, moisture, pressure, altitude, and motion, with the flexibility to connect additional sensor types like gas or cameras. Beep’s technology enables seamless data collection and cloud integration, targeting IoT applications that require long-lasting, low-maintenance connectivity[1].
For an investment firm perspective, Beep’s mission would center on advancing cellular IoT connectivity to enable scalable, low-power sensor networks. Its investment philosophy likely focuses on innovative telecommunications infrastructure and IoT technologies that support the growing demand for connected devices. Key sectors include IoT, telecommunications, and smart infrastructure, with a notable impact on the startup ecosystem by enabling new IoT applications and accelerating adoption of cellular IoT networks.
For a portfolio company perspective, Beep builds battery-efficient cellular IoT sensors serving industries and developers needing reliable, long-term environmental and asset monitoring. It solves the problem of limited battery life and connectivity challenges in IoT deployments, providing a plug-and-play sensor solution that simplifies data collection. Growth momentum was initially promising with participation in Y Combinator’s Summer 2014 batch, though the company is currently listed as inactive[1].
Beep was founded in 2014 by Daniel Conrad and Shawn Lewis in San Francisco. The founders brought expertise in IoT and telecommunications, aiming to create a cloud-connected sensor network that could operate for years without battery replacement. The idea emerged from the need for reliable, low-power cellular connectivity for IoT devices, addressing a gap in the market for long-lasting sensors that could be easily deployed in diverse environments. Early traction included acceptance into Y Combinator’s accelerator program, which helped validate the concept and build initial product iterations[1].
Beep rides the growing trend of cellular IoT connectivity, which is critical as industries adopt smart infrastructure, environmental monitoring, and asset tracking at scale. The timing aligns with the expansion of low-power wide-area networks (LPWAN) and 5G cellular technologies that enhance IoT device capabilities. Market forces such as increasing demand for remote sensing, smart cities, and industrial IoT create favorable conditions for Beep’s technology. By providing long-lasting, cloud-connected sensors, Beep influences the ecosystem by lowering barriers to IoT deployment and enabling new use cases that require reliable, low-maintenance connectivity[1].
Given Beep’s current inactive status, its future trajectory is uncertain. However, the concept of long-life cellular IoT sensors remains highly relevant as IoT adoption grows. Trends shaping this space include the rollout of 5G networks, advancements in low-power cellular standards like NB-IoT and LTE-M, and increasing demand for scalable sensor networks in smart cities and industrial applications. If Beep or similar companies can capitalize on these trends with improved product offerings and strategic partnerships, they could significantly influence the IoT landscape by enabling pervasive, low-maintenance sensing solutions.
In summary, Beep’s early innovation in cellular IoT sensors positioned it well within a critical and expanding market, though its current inactivity suggests challenges in scaling or market fit. The underlying technology and market need remain strong, indicating potential for revival or influence through related ventures in the IoT connectivity space[1].