Inspection Management Software beXel, a Cairo-based cloud-based company, has secured six figures (USD) in an investment round headed by JH Investments Ltd, with additional funding from Flat6Labs, UI Investments, and Saudi Angel Investors.
BeXel was established in 2019 by Ayman Abou Regeila, Ahmed Hussein, and Mahmoud Latif, it is a SaaS digital cloud-based investigation management software that concentrates on industrial services such as Energy, Oil & Gas, and Construction.
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%.
BeXel.io has indeed been extensively used in 14 nations around the globe, including Saudi Arabia, where it was recognized by Saudi Aramco.
It has also been actively used by massive foreign players such as TUV Rheinland, a German-based firm, TUV SUD, and Applus Velosi, Spain Based startup.
The Egyptian company is now extending to Saudi Arabia and other GCC nations with this latest investment. Ayman Abouregeila, the company’s co-founder and CEO, said the company is well-positioned to scale to Saudi Arabia while increasing its personnel to assist consumers onboard.
Flat6Labs Egypt’s Managing Partner, Marie Therese Fam, stated that “from the onset, Flat6Labs has been a real supporter in beXel’s group and brand.”
Flat6Labs is very pleased with the team’s accomplishments to date, especially the confidence they’ve formed with customers worldwide and is assured that this is just the beginning.
The remedy beXel is providing to numerous international industries is exceptional and provides scalability and effective metrics not earlier conceivable; therefore, the partner believes that beXel will keep dominating the equipment inspection business in the near future.
Onboarding beXel’s journey was an easy choice to make for Tarek Roushdy, Managing Partner of UI Investments, because of its great teamwork, the traction it has gained thus far, its worldwide presence, its significant growth prospects.
Lastly because it is a company that draws digitalization to the oil and gas industry, which he is familiar with. He is honored to be a member of beXel’s successful path.
In response to the investment, Ayman Abouregeila, co-founder and CEO of beXel Inspection for Software, remarked that as the first cloud-based inspection management software in the MENA region, beXel is happy to have produced a system that has been validated and utilized by global clients.
Its complete application may be simply adjusted to meet the demands of each client, encompassing their whole operational cycle and end-to-end difficulties.
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