Mavenoid, a leading Swedish firm in troubleshooting automation, has raised $30 million in Series B financing

Mavenoid, a leading Swedish firm in troubleshooting automation, has raised $30 million in Series B financing.

With the money raised, the company will be able to expand globally and continue to develop its AI and technology to address the need for support services from businesses that sell physical things.

Mavenoid, a product support platform for hardware and consumer electronics firms, was founded in Stockholm in 2017. It enables hardware companies to quickly address customer issues through automation and remote assistance, saving brands time, effort, and money.

These hardware brands now have the platform they need to offer advanced product assistance thanks to Mavenoid, which was created exclusively for businesses with physical items, including everything from headphones to e-scooters and industrial machines.

With the help of these funds, they will be able to expand their business and make further technological and AI investments while also empowering more hardware manufacturers with first-rate customer service.

Troubleshooting and resolving issues with hardware products, a task that all consumers face regularly, is a problem that Mavenoid has solved with a potent ML-led product.

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