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Finch Capital is a Financial Technology Investment firm founded in the fall of 2013. We invest in high growth companies primary in EMEA and prefer to invest after the seed round, when there is proof of concept and there are some revenues.

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Concertgebouwplein 9, Amsterdam Piccadilly 105, London
www.finchcapital.com

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Beepi Winding Down After Burning Through $150 Million

Radboud Vlaar

February 19, 2017

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Radboud Vlaar

Beepi an online marketplace for used cars is inching toward winding down its business after blowing through $150 million in venture capital, Seems that the car market is a complex market where if you crack it has a big price

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Beepi Inc. is inching toward winding down its business after blowing through $150 million in venture capital, the latest casualty of investor caution after a frothy period. The Mountain View, Calif.-based startup, founded in 2013, was operating an online marketplace for used cars. Having run out of cash, the startup has begun the process to...

https://www.wsj.com/articles/beepi-winding-down-after-burning-through-150-million-1487203816