Startup · United States
Teleo
HQ Palo Alto, California11-50 employeesUpdated
Teleo is revolutionizing material moving industries by turning heavy equipment into supervised autonomous machines.
Funding4 rounds · $37.4M
- Equity raised
- $37.4M
- Latest
- $16.2MSeries A · Nov 21, 2024
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Nov 21, 2024 | Series A | $16.2M | — | — | — | Reported |
| Apr 1, 2024 | Series A | $9.2M | — | UP.Partners | — | Reported |
| Jun 8, 2022 | Series A | $12.0M | — | UP.Partners | — | Reported |
| Mar 16, 2020 | Seed | Undisclosed | — | — | — | Reported |
- Series A$16.2MNov 21, 2024
- Series ALed by UP.Partners$9.2MApr 1, 2024
- Series ALed by UP.Partners$12.0MJun 8, 2022
- SeedUndisclosedMar 16, 2020
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems1
- Teleo Supervised AutonomyA retrofit system for remote and supervised autonomous operation of heavy equipment.
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Uncrewed systems | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Turns heavy equipment into supervised autonomous machines for material-moving industries; no defense use is stated. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Turns heavy equipment into supervised autonomous machines for material-moving industries; no defense use is stated.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People2
| Person | Role |
|---|---|
| Romain Clement | Co-founder and CTO |
| Vinay Shet · LinkedIn ↗ | Co-Founder and CEO |
Sources5
Profile1
- 1
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "USA", "hq_iso2": "US", "id": "3b0eef0e-5fb0-40b9-b012-d9f7af854a7e"}”
Systems1
- 2
Teleo · Supports Organization · description, Organization · name, Organization · website, System
“Teleo is revolutionizing material moving industries by turning heavy equipment into supervised autonomous machines.”
Funding2
- 3
prnewswire.com · Nov 21, 2024 · Supports Funding round · amount, Organization · ownership
“Teleo today announced it has raised $16.2 million in Series A extension funds in addition to the company’s previously announced Series A funding round.”
- 4DatabaseTeleo company profile
Octen Business Search · Supports Funding round, Organization · employee range, Organization · hq city, Organization · hq region, Organization · linkedin url, Role
“funding round: Series A, 2022-06-08, USD 12,000,000, lead: UP Partners”
People1
- 5
aithority.com · Supports Role
““With this Series A funding, we plan to double down on hardening and deploying technology that lets our customers operate their existing fleets of heavy equipment semi-autonomously,” said Vinay Shet, Co-Founder and CEO of Teleo.”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.