2022---bp--invests-in-the-florida-start-up-freebee -

Founded in 2012 by University of Miami graduates and Kris Kimball , Freebee addresses the "first-mile, last-mile" gap in public transportation. Unlike traditional ride-hailing services, Freebee is free for the user , utilizing a business model that combines:

: 93% of revenue now stems from recurring contracts with municipalities that integrate Freebee into their public transit networks. 2022---bp--invests-in-the-Florida-start-up-Freebee

: Revenue is also generated from university campuses, hotels, and corporate parks. Founded in 2012 by University of Miami graduates

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. By early 2026, Freebee’s impact has grown significantly,

BP’s investment was driven by its "transition growth engines," specifically focusing on EV charging and convenience.

: The fleet’s custom electric vehicles serve as mobile billboards, offering brands unique local visibility. Strategic Impact of the BP Investment

: The capital was earmarked to help Freebee expand its fleet—which stood at over 150 vehicles at the time of the deal—and enter new markets beyond Florida and Virginia.