Egyptian Startup beXel Raises Six-figure Funding Round

Funding Rounds

▤ Summary

Cairo-based cloud-based inspection management software beXel has raised a six-figure investment round led by JH Investments Ltd, in addition to follow-on funding from Flat6Labs, UI Investments, and Saudi angel investors. beXel offers SaaS inspection management software for industrial services such as energy, oil, and gas, construction industries. Currently, beXel serves companies in 14 countries across the world. With the latest funding, it looks to continue expansion within the GCC, starting with KSA.

$ Funding

$
Amount - Total raised
□
Date December 1, 2021 Announcement date
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Investors Flat6Labs, UI Gestion, John Hancock Investments Lead investors
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Company http://www.bexel.io Funded company

▥ Classifications

industries
Government, Public sector
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
BIM Software Construction Management Software Project Management Software

▦ Linked Companies

BEXEL Manager
$1M to $5M