T
Teal Communications
eCommerce & Marketplaces · Bellevue, United States · Founded 2018
Teal provides seamless connectivity for IoT MoreLess
Teal Communications provides a groundbreaking eSIM platform that allows any IoT (Internet of Things) device to connect to over 2,000 cellular networks across 195 countries. This platform eliminates the need for roaming by automatically selecting the best network based on variables such as price, coverage, and quality. Teal's solution is designed to be scalable and adaptable, supporting 2G, 3G, 4G, LTE-M, NB-IoT today, and 5G in the future. The eSIM can remain in a device for its entire lifecycle, up to 15-20 years, without requiring physical maintenance, even as the device moves globally. Teal serves a wide range of clients, including enterprises and organizations that deploy IoT devices worldwide. The company operates in the global IoT connectivity market, offering a subscription-based business model where clients pay for access to the eSIM platform and its connectivity services. Revenue is generated through subscription fees and potentially additional charges based on data usage or premium features.
Keywords: eSIM, IoT connectivity, global networks, cellular networks, roaming elimination, scalable platform, 5G, subscription model, network optimization, device lifecycle.
Company overview
Teal Communications company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2018
- Headquarters
- Bellevue, United States
- Employees
- 56
- Open positions
- 3
- Dealroom signal
- 78.3
Valuation & funding
Teal Communications funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Dec 2023 | $5.3M | $100M | Undisclosed | ↗ |
| SERIES A✓Equity / VC | Mar 2022 | $11M | $100M | Capital Eleven · Stage dot O · Disrupt Technology Venture | ↗ |
| SERIES A✓Equity / VC | Apr 2021 | $9.1M | $36M | Capital Eleven · Accellius Capital · Stage dot O · Sunit Patel | — |
| SEED✓Equity / VC | Jun 2018 | $1M | $4M | Stage dot O | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $8.1M | 0% | 54 |
| 2025 | $8.1M | 0% | 51 |
| 2024 | $8.1M | 0% | 51 |
| 2023 | $8.1M | +516.8% | 50 |
| 2022 | $1.3M | 0% | 52 |
| 2021 | $1.3M | — | 31 |
Growth signals
Teal Communications website traffic
Latest recorded traffic for Teal Communications is 5.3K monthly website visits, down 10.2% over the last three months. Teal Communications's team grew 9.8% over the past year.
Hiring
Open positions at Teal Communications
Current openings linked to this company in Dealroom.
Comparisons
Teal Communications compared with similar companies
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Talent graph
Teal Communications's talent
Source: Dealroom Talent Intelligence.
Investors
7 investors on Teal Communications's cap table
Sourced from Dealroom's funding and investor records.
Global footprint
Where Teal Communications has talent and traffic
team presence
In the news
Latest news about Teal Communications
Recent press, funding announcements, and product moves mentioning Teal Communications — open to read from the original sources.
Market sentiment
What the market is saying about Teal Communications
An AI-synthesized read of the highest-engagement posts about Teal Communications on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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