Indicator Capital leads a US$ 2.2 million investment round in Beegol to improve the quality of Internet services
Summary
Indicator Capital led a US$ 2.2 million investment in Beegol, a SaaS startup that uses AI/ML to monitor and improve broadband service quality. The Series A may receive an additional US$ 2 million within 18 months, potentially bringing total funding to US$ 4.2 million through the Indicator 2 IoT Fund. Beegol’s software agent embedded in modems collects telemetry in real time to identify and locate network issues end-to-end, helping ISPs reduce operational costs, support load, and churn. The startup, founded in 2019, already operates in São Paulo, Los Angeles, and New York and says this investment will accelerate its international expansion into Europe.
Funding
Amount
$2.2M
Total raised
Date
February 2, 2022
Announcement date
Investors
IndicatorCapital
Lead investors
Company
beegol.com
Funded company
Classifications
industries
No industries detected
applications
Data Mining
AskAI Classifications
Labels
SaaS
AIOps
Network Monitoring Software
Linked Companies
Beegol
$1M to $5M