Veego is a technology company.
Veego has raised $13.0M across 1 funding round.
Veego has raised $13.0M in total across 1 funding round.
Veego has raised $13.0M in total across 1 funding round.
Veego's investors include Magenta Venture Partners, Nielsen Innovate, State of Mind Ventures.
Veego is an Israeli technology company founded in 2018 that develops AI-powered software to optimize the internet user experience in connected homes.[1][2] It builds a data platform deployed on smart hubs, routers, and IoT devices that continuously monitors user engagements with web-based services, automatically detects, analyzes, and resolves connectivity issues before they impact customers, providing visibility, scoring, and assessments tailored to specific service needs.[1][2][4] Serving communication service providers (CSPs) and their internet subscribers, Veego tackles problems like device malfunctions, poor quality of experience (QoE), and high customer support costs with products like the Veego Active self-care mobile app, which deflects support calls and speeds resolutions.[2][3] The company has raised $13 million in Series A funding, signaling strong growth momentum in the IoT and AI sectors.[2][3]
Veego was founded in 2018 in Ramat Gan, Israel, by Amir Kotler (CEO and Co-Founder), Reffael Caspi (CPO), and Denis Sirov (CTO), with additional key executives like Chen Landau (VP Global Sales) and a VP of Finance.[1][2] Emerging from expertise in AI, machine learning, and IoT, the idea addressed rising frustrations in connected homes as smart devices proliferated, causing undetected connectivity failures that burden CSP support teams.[1][2] Early traction came through its core data platform, followed by pivotal product launches like Veego Active (a self-care app for CSPs) and Engage 2.0 for insights, culminating in a $13 million Series A round to scale actionable connected-home analytics for providers.[2][3]
Veego rides the explosive growth of connected homes, where IoT devices, 5G, and streaming demand flawless connectivity amid market forces like surging smart home adoption (projected billions of devices) and CSP pressures to cut churn from poor QoE.[1][2][3] Its timing aligns with AI's maturation for edge computing, enabling proactive intelligence over traditional diagnostics, which influences the ecosystem by empowering CSPs with data-driven tools that lower support costs and boost subscriber retention.[2][3] By bridging IoT silos, Veego accelerates the shift to "zero-touch" home networks, positioning Israel’s tech hub as a leader in consumer AI software amid global cybersecurity and efficiency demands.[1]
Veego's trajectory points to expanded partnerships with CSPs worldwide, leveraging its $13M funding for global scaling from its Brooklyn outpost and new products like advanced Engage features.[2][3] Trends in edge AI, 6G rollout, and privacy-focused IoT will propel it, potentially evolving into a full-stack platform influencing standards for connected-home intelligence. As AI eliminates "invisible" connectivity friction, Veego stands to redefine seamless digital living, building on its mission to perfect the internet experience from the home outward.[1][2]
Veego has raised $13.0M across 1 funding round. Most recently, it raised $13.0M Series A in August 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2021 | $13.0M Series A | Magenta Venture Partners, Nielsen Innovate, State of Mind Ventures |