Beegol, a São Paulo, Brazil-based SaaS company that uses Artificial Intelligence and Machine Learning to monitor and improve the quality of services provided by broadband operators, raised $2.2 million in Series A funding.
The round was led by Indicator Capital, a Brazilian early-stage venture capital firm.
The Series A round is expected to be completed within 18 months with an extra amount of US$ 2 million bringing the total investment to US$ 4.2 million.
Round: Series A
Funding Month: February 2022
Lead Investors: Indicator Capital
Company Website: http://beegol.com/
Software Category: broadband performance measurement software
About the Company: Founded in 2019, Beegol provides broadband services operators with a SaaS-based, Artificial Intelligence and Machine Learning platform to monitor and improve the quality of their services, which are increasingly vital for the home, work, study, and social environments such as gaming and video conferencing. Beegol aims to improve the way Operators deliver broadband services, which are increasingly vital for the home, work, study, and social environments such as gaming and video conferencing. Beegol's goal is to enable broadband operators to immediately locate, identify and fix issues anywhere in their network, thus increasing QoE and reducing operational customer support, and churn costs.