beXel, a Cairo-based cloud-based inspection management software, raised a six-figure US dollar round of funding to expand to Saudi Arabia and other GCC countries.
The round was led by JH Investments and featured follow-on funding from Flat6Labs, UI Investments, and Saudi angel investors.
Company: beXel
Raised: Undisclosed
Round:
Funding Month: December 2021
Lead Investors: JH Investments
Additional Investors: Flat6Labs, UI Investments, and Saudi angel investors
Company Website: https://www.bexelapp.com/
Software Category: cloud-based inspection management software
About the Company: Founded in 2019 by Ayman Abou Regeila, Ahmed Hussein, and Mahmoud Latif, beXel is a SaaS digital cloud-based inspection management software that focuses on industrial services such as energy, oil, and gas, and construction industries. beXel helps inspection companies digitize their entire inspection process, go paperless, save inspection team time & do the task 10X faster It assists network operators in implementing digital their entire end-to-end procedure, going cashless, practicing social distancing, and reducing team inspection time by more than 60%.
Source: https://techbuild.africa/egyptian-startup-bexel-six-figure-funding-round/