The startup's expansion plans come after it secured an undisclosed six-figure investment.
Cairo-based inspection management platform, beXel, has raised a six-figure investment round led by JH Investments Ltd, with follow-on funding from Flat6Labs, UI Investments and Saudi Angel Investors. These newly-acquired funds will be used to fuel the Egyptian startup’s expansion into Saudi Arabia and other GCC countries.
The SaaS digital cloud-based inspection management software was founded in early 2019 by Ayman Abou Regeila, Ahmed Hussein and Mahmoud Latif. The software targets industrial services including Energy, Oil & Gas and Construction industries, digitizing their end-to-end process and allowing them to go paperless, practice social distancing, and lower their team inspection time to about 60%.
“As the first cloud based inspection management software in the MENA Region, we are proud to have built such a solution which is proven and used through worldwide clients,” Co-founder and CEO of beXel Inspection for Software, Ayman Abouregeila, says. “Our entire application can be easily customized to each buyer’s needs, addressing their entire operational cycle and covering their end to end challenges.”
beXel.io is currently used in 14 different countries around the world and has been the choice for leading international players including German-based TUV Rheinland, TUV SUD, and Spain’s Applus Velosi.