About Telea
Telea is a company based in Cork (Ireland) founded in 2020 by Clare Meskill.. Telea has raised $751.14 thousand across 2 funding rounds from investors including Enterprise Ireland and European Union. Telea offers products and services including Clinician Platform and Client App. Telea operates in a competitive market with competitors including Amwell, Truepill, VSee, eVisit and Bright.md, among others.
- Headquarter Cork, Ireland
- Founders Clare Meskill
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$751.14 K (USD)
in 2 rounds
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Latest Funding Round
$81.91 K (USD), Grant
Jul 01, 2023
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Investors
Enterprise Ireland
& 1 more
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Employee Count
Employee Count
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Products & Services of Telea
Telea offers a comprehensive portfolio of products and services, including Clinician Platform and Client App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for clinicians to manage and deliver remote speech therapy sessions.
App enabling clients to access therapy and monitor progress in real time.
Funding Insights of Telea
Telea has successfully raised a total of $751.14K across 2 strategic funding rounds. The most recent funding activity was a Grant round of $81.91 thousand completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $81,911
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First Round
First Round
(09 Feb 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Grant - Telea | Valuation |
investors |
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| Feb, 2023 | Amount | Seed - Telea | Valuation | Enterprise Ireland |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Telea
Telea has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Enterprise Ireland and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Support is provided to Irish manufacturing and service sector businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Telea
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Telea
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Telea Comparisons
Competitors of Telea
Telea operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amwell, Truepill, VSee, eVisit and Bright.md, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Telehealth solutions are provided for doctors and patients' consultations.
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| domain | founded_year | HQ Location |
Medicines are ordered and delivered through an API-connected healthcare app.
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| domain | founded_year | HQ Location |
Secure video platforms for telehealth, education, and enterprises are provided.
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| domain | founded_year | HQ Location |
A virtual care platform is provided for health systems by eVisit.
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| domain | founded_year | HQ Location |
Provider of virtual telehealth and physician assistant for hospitals and patients
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| domain | founded_year | HQ Location |
Form-based consultation software is provided for patients and healthcare providers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Telea
When was Telea founded?
Telea was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Telea located?
Telea is headquartered in Cork, Ireland.
Who is the current CEO of Telea?
Clare Meskill is the current CEO of Telea. They have also founded this company.
Is Telea a funded company?
Telea is a funded company, having raised a total of $751.14K across 2 funding rounds to date. The company's 1st funding round was a Seed of $751.14K, raised on Feb 09, 2023.
What does Telea do?
Telea was founded in 2020 in Cork, Ireland, as a provider of teletherapy management software tailored for speech therapists. The platform supports operations for therapists and clients by facilitating caseload management, waitlist reductions, and communication tools. Adherence to therapy plans and skill carryover are enhanced through its features. Services operate within the health technology sector, focusing on remote therapy delivery.
What products or services does Telea offer?
Telea offers Clinician Platform and Client App.
Who are Telea's investors?
Telea has 2 investors. Key investors include Enterprise Ireland, and European Union.