Teleo Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 49

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $16.2M

  • Investors
  • 17

Teleo General Information

Description

Developer of a supervised autonomy technology designed to take control of machinery from a long distance in the construction and mining industries. The company's technology converts the existing fleets into remote-controlled robots by retrofitting existing heavy equipment with a system that controls the equipment through teleoperations, enabling machine operators alone to remotely control multiple machines, thereby addressing labour shortages and improving safety and productivity for contractors in various sectors.

Contact Information

Website
www.teleo.ai
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 292 Lambert Avenue
  • Palo Alto, CA 94306
  • United States
+1 (650)
Primary Industry
Other Hardware
Other Industries
Machinery (B2B)
Vertical(s)
Industrials, Construction Technology
Corporate Office
  • 292 Lambert Avenue
  • Palo Alto, CA 94306
  • United States
+1 (650)

Teleo Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Teleo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC (Series A) 19-Nov-2024 $16.2M Completed Generating Revenue
2. Early Stage VC (Series A) 08-Jun-2022 Completed Generating Revenue
1. Accelerator/Incubator 18-Mar-2020 $150K $150K Completed Generating Revenue
To view Teleo’s complete valuation and funding history, request access »

Teleo Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A Prime
Series A-3a
Series A-1a
Series Aa
Series A-3
Series A-2
Series A-1 1,407,610 $0.000010 8% $1.07 $1.07 1x $1.07 3.66%
Series A 9,157,122 $0.000010 8% $2.31 $2.31 1x $2.31 11.51%
To view Teleo’s complete cap table history, request access »

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Teleo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a supervised autonomy technology designed to take control of machinery from a long distance in the construc
Other Hardware
Palo Alto, CA
49 As of 2024

Kitchener, Canada
 

Victor, NY
 
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Teleo Competitors (14)

One of Teleo’s 14 competitors is Clearpath Robotics, a Formerly VC-backed company based in Kitchener, Canada.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Clearpath Robotics Formerly VC-backed Kitchener, Canada
Construction Robotics Venture Capital-Backed Victor, NY
SMP Robotics Systems Corporation Sausalito, CA
Harvest Automation Formerly VC-backed Billerica, MA
Roboteam Venture Capital-Backed Petah Tikva, Israel
You’re viewing 5 of 14 competitors. Get the full list »

Teleo Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • 2

    Pending

  • Expiring in next 12 mo

Teleo Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220051165-A1 Systems and methods of assigning microtasks of workflows to teleoperators Pending 17-Aug-2020
US-20210344876-A1 Built-in safety of control station and user interface for teleoperation Active 29-Apr-2020
US-11537124-B2 Built-in safety of control station and user interface for teleoperation Active 29-Apr-2020
US-20210343091-A1 Deported compute for teleoperation and autonomous systems Pending 29-Apr-2020 G07C5/008

Teleo Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Teleo Investors (17)

Investor Name Investor Type Holding Investor Since Participating Rounds
Triatomic Capital Venture Capital Minority
Angel (individual) Minority
F-Prime Capital Venture Capital Minority
Angel (individual) Minority
Angel (individual) Minority
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Teleo FAQs

  • When was Teleo founded?

    Teleo was founded in 2019.

  • Where is Teleo headquartered?

    Teleo is headquartered in Palo Alto, CA.

  • What is the size of Teleo?

    Teleo has 49 total employees.

  • What industry is Teleo in?

    Teleo’s primary industry is Other Hardware.

  • Is Teleo a private or public company?

    Teleo is a Private company.

  • What is the current valuation of Teleo?

    The current valuation of Teleo is .

  • What is Teleo’s current revenue?

    The current revenue for Teleo is .

  • How much funding has Teleo raised over time?

    Teleo has raised $28.3M.

  • Who are Teleo’s investors?

    Triatomic Capital, , F-Prime Capital, , and are 5 of 17 investors who have invested in Teleo.

  • Who are Teleo’s competitors?

    Clearpath Robotics, Construction Robotics, SMP Robotics Systems, Harvest Automation, and Roboteam are some of the 14 competitors of Teleo.

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