What is Veego?
Founded in 2018 and headquartered in Ramat Gan, Israel, Veego operates at the intersection of network performance and user experience. The Veego Data Platform offers a sophisticated suite of tools that continuously measure user engagement with web-based services and devices. By providing actionable scoring and assessments, the platform enables service providers to proactively identify and resolve connectivity issues before they impact the end-user. This capability is vital for maintaining customer loyalty in an era where the home network serves as the primary hub for work, entertainment, and communication. Veego's technology effectively bridges the gap between raw network data and the actual quality of experience perceived by the consumer.
How much funding has Veego raised?
Veego has raised a total of $13M across 1 funding round:
Series A
$13M
Series A (2021): $13M with participation from Amdocs Ventures, Magenta Venture Partners, North First Ventures, Rbvc, and State of Mind Ventures
Key Investors in Veego
Magenta Venture Partners
Magenta Venture Partners is a venture capital firm dedicated to supporting Israeli early-stage technology startups, bridging the gap between innovative local entrepreneurs and global markets through operational expertise.
North First Ventures
North First Ventures is a venture capital fund that partners with seed to Series A stage companies in Israel, focusing on innovative technologies that address real-world problems.
Rbvc
Robert Bosch Venture Capital GmbH (RBVC) is a corporate venture capital firm that invests worldwide in innovative start-up companies across all stages of their development.
What's next for Veego?
With this major enterprise-level funding, Veego is poised to scale its operations and expand its footprint in the global telecommunications market. The strategic focus will likely center on enhancing the platform's AI-driven diagnostic capabilities and deepening integrations with major service provider infrastructure. As the company moves beyond its initial scaling phase, the focus will shift toward hyper-growth, targeting broader adoption of its QoE solutions. By capitalizing on the current momentum, Veego aims to set the industry standard for connected home management, ensuring that service providers can deliver the high-performance digital experiences that modern consumers demand.
See full Veego company page
