Teleo AI - About the company
Teleo AI is a series A company based in Palo Alto (United States), founded in 2019 by Vinay Shet. It operates as a Provider of AI-powered remote-controlled solutions for construction dozers. Teleo AI has raised $29.8M in funding from investors like UP.Partners, Trucks Venture Capital and F-Prime Capital. The company has 113 active competitors, including 27 funded and 9 that have exited. Its top competitors include companies like Bedrock Robotics, AITX and Sea Machines.
Company Details
Teleo is a provider of AI-powered remote-controlled solutions for construction dozers. The company retrofits existing equipment with a tech-enabled box to make dozer into the connected device. Workers can operate the equipment remotely in offices.
Key Metrics
Founded Year
2019
Location
Palo Alto, United States
Stage
Series A
Total Funding
$29.8M in 4 rounds
Latest Funding Round
Investors
Ranked
5th among 113 active competitors
Employee Count
64 as on Jul 31, 2026
Similar Companies
Legal entities associated with Teleo AI
Teleo AI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TELEO INC. CIN: 84-3882054 , United States, Active | Jun 09, 2020 | - | 17 (As on Dec 31, 2022) | - |
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Teleo AI's funding and investors
Teleo AI has raised a total funding of $29.8M over 4 rounds. Its first funding round was on Mar 18, 2020. Its latest funding round was a Series A round on Oct 18, 2024 for $*****. 4 investors participated in its latest round. Teleo AI has 7 institutional investors.
Here is the list of recent funding rounds of Teleo AI:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 18, 2024 | 3768339 | Series A | 8497508 | 5985616 | 5142247 | 8926100 |
Apr 2024 | 1845194 | Series A | 6351342 | 6361883 | 3558273 | 5803271 |
Dec 10, 2021 | 2230887 | Series A | 1131496 | 2122031 |
View details of Teleo AI's funding rounds and investors
Teleo AI's founders and board of directors
Founder? Claim ProfileThe founders of Teleo AI is Vinay Shet. Vinay Shet is the CEO of Teleo AI.
Here are the details of Teleo AI's key team members:
- Vinay Shet: Co-Founder & CEO of Teleo AI. They serve on the board of 1 company.Contact Info: 1 email address
Teleo AI's Board of Directors
Teleo AI's board has 4 active members. Vinay Shet, Adam Grosser, Romain Clement and Roger Fradin are independent board members.Here is the list of Teleo AI's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 4y 7m | |
ibvgmfz | Independent board member | - | Current | 7y 4m |
qz{tg{f | Independent board member | - | Current | 3y 5m |
zxhpjid | Independent board member | - | Current | 7y 9m |
View details of Teleo AI's Founder profiles and Board Members
Teleo AI's employee count trend
Teleo AI has 64 employees as of Jul 26. Here is Teleo AI's employee count trend over the years:
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Teleo AI's Competitors and alternates
Top competitors of Teleo AI include Bedrock Robotics, AITX and Sea Machines. Here is the list of Top 10 competitors of Teleo AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Bedrock Robotics 2024, San Francisco (United States), Series B | Developer of autonomous technology for transforming construction and industrial equipment | $350M | 65/100 | |
2nd | AITX 2016, Ferndale (United States), Late Stage | Developer of AI-driven autonomous security solutions for various applications | - | - | 57/100 |
3rd | Sea Machines 2014, Boston (United States), Series B | Provider of unmanned surface vehicles for industrial purposes | $45.7M | 57/100 | |
4th | Developer of AI agents for autonomous systems control | $8.37M | 55/100 | ||
5th | Teleo AI 2019, Palo Alto (United States), Series A | Provider of AI-powered remote-controlled solutions for construction dozers | $29.8M | 55/100 | |
6th | Inorbit 2017, Mountain View (United States), Series A | AI-powered robot orchestration platform for software-defined robot operations | $12.7M | 55/100 | |
7th | AIM 2021, Seattle (United States), Series C | Developer of autonomous solutions for heavy equipment in earthmoving applications | $50M | 54/100 | |
8th | Developer of software for industrial robot motion and inspection systems | $14M | 52/100 | ||
9th | Provider of cloud based machine control solution for industrial automation | $6.46M | 51/100 | ||
10th | Ready Robotics 2016, Columbus (United States), Series B | Developer of operating system for collaborative robots | $43.5M | 51/100 |
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Teleo AI's Investments and acquisitions
Teleo AI has made no investments or acquisitions yet.
Reports related to Teleo AI
Here is the latest report on Teleo AI's sector:
News related to Teleo AI
Media has covered Teleo AI for 1 event in last 1 year.
•
Havoc Adds Air, Land Domains To Its Collaborative Autonomy Solutions With Two AcquisitionsDefense Daily•Mar 12, 2026•HavocAI, Teleo AI,
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Teleo Raises $16.2 Million in Series A Extension Funds Led by UP.Partnersintelligence360•Nov 28, 2024•Teleo AI, UP.Partners, Trousdale Ventures, F-Prime Capital and 2 others
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Teleo Raises $16.2 Million in Series A Extension Funds Led by UP.PartnersMiningstockeducation•Nov 22, 2024•Teleo AI, UP.Partners, Trousdale Ventures, F-Prime Capital and 2 others
•
Teleo expands autonomous machinery to new industries across sectorsLandscape Management•Oct 09, 2024•Teleo AI
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Teleo Named One of Fast Company’s World’s
Most Innovative CompaniesRockproducts•May 30, 2024•Teleo AI
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Teleo launches autonomous technology for heavy construction equipment, reports orders for 42 machines alreadyRobotics and Automation News•Oct 10, 2023•Teleo AI
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Autonomous tech company expands into remote control operation for heavy equipmentConstruction Technology (KHL Group)•Mar 12, 2023•Teleo AI, John Aarts Group, Teichert, Tomahawkconstruction
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Teleo announces global expansion with new dealer partner networkGeospatial World•Mar 09, 2023•Teleo AI, Teichert, John Aarts Group, Tomahawknation
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Teleo Raises $12M in Series A FundingFinSMEs•Jun 09, 2022•Y Combinator, K9 Ventures, F-Prime Capital, UP.Partners and 2 others
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