9 years ago
BeeLine Secures £500k Seed Funding to Enhance Navigation App for Urban Cyclists
BeeLine, a London-based startup providing connected navigation hardware and app for urban cyclists, has raised over £500k in seed funding
The funding round was led by TrueStart and included participation from Seedcamp, the London Co-Investment Fund, EarlyMarket, Andy Murray, and over 300 private individuals who invested through Seedrs
BeeLine plans to use the funds to expand its technology team and enhance its product offerings
BeeLine's unique approach to navigation provides a simpler alternative to traditional GPS-based systems, offering a direct distance and direction to the destination without turn-by-turn instructions.
ProblemTechnology
"Navigating a city on a bike is confusing, especially when it's your first time or you're exploring new areas. Most navigation devices use turn-by-turn GPS, which can be distracting and difficult to follow on a bike."
Solution
"BeeLine offers a connected navigation device that shows only the direct distance and direction to your destination, making it easier and more intuitive to navigate on a bike. It's a simple and elegant solution that helps you explore the city and discover new routes."