500 invests in Lifemote Networks
Lifemote, a SaaS platform for internet service providers to fix home Wi-Fi problems, secured investment from 500.
AI-driven Wi-Fi Analytics and Proactive Maintenance Platform
Established in 2017, Lifemote uses AI for finding and fixing home Wi-Fi problems with data analytics on the cloud and allows internet service providers to proactively maintain their subscribers’ Wi-Fi Quality of Experience before they complain.
Lifemote collects home network performance parameters to the cloud with its vendor-agnostic, light-weight and low-footprint CPE agent. Cloud-based data analytics detects problems and AI fixes most problems and creates resolutions for internet service providers.
With Lifemote, ISPs see the issues at home network, prevent truck rolls and repetitive support center calls, reduce churn and increase customer satisfaction. Also with advanced data analytics, problem insights and expert reporting/consulting, ISPs can choose their next move better such as new device onboarding and upselling candidate targeting.
Lifemote is currently deployed on more than 100.000 homes in Europe, Nordics, and Turkey. It is getting traction in other countries as well. With the help of the investment from 500, Lifemote will be more active in these markets to expand globally. We are very pleased and honored to get an investment from 500 in this manner. Thanks to our passionate team, great partners and valued customers for their trust.