Copenhagen and San Francisco-based firm Teton.ai, which builds AI to predict health risks and optimize care, has raised $20 million in a Series A funding round to expand its operations in the US.
- Teton.ai was founded in 2020 in Denmark by Mikkel Wad Thorsen. The company develops AI and computer vision systems for healthcare settings, with a focus on elderly care and hospitals.
- Its technology uses sensors to capture real-time activity in rooms and create anonymized digital twins of residents, staff, and spaces. This generates continuous data on health patterns, mobility, and staff interactions.
- The system analyzes these signals to detect risks, forecast care needs, and optimize staffing. Care teams receive alerts and insights through apps, allowing them to intervene earlier, reduce administrative tasks, and adjust workflows.
- The platform operates without wearables or video streaming, integrating passively into daily routines.
Details of the deal
- The Series A was led by Plural, with participation from Bertelsmann Investments, Antler Elevate, and Nebular, along with a follow-on investment from PSV Tech.
“Within a short time, its technology is already reducing costs and resource needs while achieving the most important thing – improved health outcomes. The strength of Teton’s team and technology means it’s set to become the market leader as it solves a huge global problem," claims Taavet Hinrikus, Partner at Plural.
- With the fresh funding, Teton.ai will expand into the US market, strengthen its presence in Europe, and hire more engineers to advance its predictive AI technology.
