Teleo

Palo Alto, United States Founded: 2019 • Age: 7 yrs
Heavy machinery is operated remotely using supervised autonomy technology.
Annual revenue - Latest available
Total funding $28.3M 4 rounds
Employees 17 Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Teleo

Teleo is a company based in Palo Alto (United States) founded in 2019 by Rom Clement and Vinay Shet. It operates as a AI-as-a-Service and Product-as-a-Service. Teleo has raised $28.33 million across 4 funding rounds from investors including UP Partners, Triatomic Capital and F-Prime Capital. The company has 17 employees as of December 31, 2022. Teleo offers products and services including Teleo Supervised Autonomy and Universal Retrofit Kit. Teleo operates in a competitive market with competitors including Sea Machines, Ready Robotics, Tomahawk Robotics, Cogniteam and Symb, among others.

  • Headquarter Palo Alto, United States
  • Employees 17 as on 31 Dec, 2022
  • Founders Rom Clement, Vinay Shet
  • Sectors
    Real Estate & Construction
    Natural Resources Technology Industrial Goods & Manufacturing
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Teleo, Inc.
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Natural Resources → Mining & Quarrying Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $28.33 M (USD)

    in 4 rounds

  • Latest Funding Round
    $7 M (USD), Series A

    Oct 18, 2024

  • Investors
    UP Partners

    & 6 more

  • Employee Count
    17

    as on Dec 31, 2022

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Products & Services of Teleo

Teleo offers a comprehensive portfolio of products and services, including Teleo Supervised Autonomy and Universal Retrofit Kit.

Product name locked
Category locked
Primary

Heavy machinery is operated remotely with supervised autonomy.

Product name locked
Category locked
Locked

Equipment is retrofitted for remote and autonomous operation.

People of Teleo

Headcount 1-10
Employee Profiles 7
Employee Profiles
People
Dhaval Patel
Robotics Software Engineer
People
Rom Clement
Co-Founder & CTO
People
Vinay Shet
Co-Founder & CEO

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Funding Insights of Teleo

Teleo has successfully raised a total of $28.33M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in October 2024. 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.

Investors in Teleo

Teleo has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include UP Partners, Triatomic Capital and F-Prime Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments in mobility sectors are made by UP Partners.
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Triatomic Capital is focused on investing in century-defining technological themes.
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Investments in life sciences, technology, healthtech, and crypto sectors from global locations.
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Investor details for Teleo

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by Teleo

Investments
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Investment portfolio details for Teleo

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  • Transaction dates
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Financial Statements - Teleo

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Detailed financials for Teleo

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  • Profit trends
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Teleo Comparisons

Teleo Primary company
Description
Heavy machinery is operated remotely using supervised autono...
Location
Palo Alto, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
17
As of 2022
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Peer comparison for Teleo

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of Teleo

Teleo 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 Sea Machines, Ready Robotics, Tomahawk Robotics, Cogniteam and Symb, among others.

Company Name Domain Founded year HQ Location Description
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Unmanned surface vehicles are supplied for industrial maritime applications.
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Operating system for collaborative robots is developed using flowchart controls.
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Robots and control solutions are developed for enterprise tasks.
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AI-enabled robot navigation platform is provided for research.
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Provider of a solution that enables industrial robots to learn and execute tasks
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Detailed competitors of Teleo

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Latest news on Teleo

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Complete news archive for Teleo

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Teleo

Teleo was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Teleo is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Vinay Shet is the current CEO of Teleo. They have also founded this company.

Teleo is a funded company, having raised a total of $28.33M across 4 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Teleo is 17.

Teleo is focused on providing supervised autonomy solutions for heavy machinery in the construction and manufacturing sectors. Equipment is retrofitted with proprietary technology to enable remote operation and semi-autonomous functionality. Operational efficiency is enhanced by allowing one operator to supervise multiple machines. Safety and workforce accessibility are improved through remote command centers. Partnerships with industry leaders and global dealer networks are established to expand reach and impact.

Teleo's top competitors include Tomahawk Robotics, Ready Robotics and Vemcon.

Teleo offers Teleo Supervised Autonomy and Universal Retrofit Kit.

Teleo has 7 investors. Key investors include UP Partners, Triatomic Capital, F-Prime Capital, Trucks Venture Capital, and Trousdale Ventures.

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