Plural leads Teton.ai's $20M Series A round
Teton.ai, a Danish predictive intelligence company that uses proprietary AI and computer vision technology to provide predictive care for older people, has raised $20 million in a funding round led by Plural. Other participants in the round include Bertelsmann Investments, Antler Elevate, and Nebular, with follow-on investment from PSV Tech. The funding round will be used to launch nationwide in the United States, deepen its operations across Europe, and continue to push the boundaries of predictive AI in care.
"Teton is at the cutting edge of a much-needed transformation in healthcare," said Taavet Hinrikus, Partner at Plural. "Within a short time, its technology is already reducing costs and resource needs while achieving the most important thing – improved health outcomes. It's a complete game-changer for owners, operators, caregivers, families, and residents. The strength of Teton's team and technology means it's set to become the market leader as it solves a huge global problem."
According to the company, healthcare, particularly senior care, faces systemic and urgent challenges. Populations are aging, and comorbidities are increasing. Care staff are over-burdened and exiting the industry at higher rates than ever. Costs are already steep and rising. Teton looks to bridge the gap between care needs and care capacity, enabling wider access to premium care for ordinary families and their loved ones.
Mikkel Wad Thorsen, CEO of Teton.ai, said: "The economics of senior care and healthcare are broken: costs rise, staff burn out, and outcomes suffer. Shifting care from reactive to predictive changes the equation. Emergencies decline, staffing is planned with precision, and every intervention creates value. At its core, this is a deflationary technology, making top-tier care more abundantly accessible to more people – extending the length and quality of life for residents while lowering the cost to deliver it.
Since seed, Teton has grown ARR 13x and partnered with Nvidia to develop the largest point-of-care dataset in senior care. The company is increasing customer numbers 300% year-on-year, delivering concrete outcomes to senior care communities and hospitals across the U.S. and Europe.
For more information, please visit Plural's Features.
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