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Teleo

Transportation · Grande Prairie, Canada · Founded 2017

Converts existing construction equipment into remote-controlled robots MoreLess

Teleo.ai is a forward-thinking startup that specializes in transforming existing heavy equipment in the mining and construction sectors into remotely controlled robots. By retrofitting current machinery with advanced technology, Teleo enables operators to control equipment from a safe, remote location, typically an office. This innovation significantly enhances crew safety by removing operators from potentially hazardous environments.

The company primarily serves clients in the mining and construction industries, sectors that rely heavily on heavy machinery and face significant safety challenges. Teleo operates in the industrial automation market, a rapidly growing field driven by the need for increased safety, efficiency, and productivity.

Teleo's business model revolves around retrofitting existing equipment rather than selling new machinery. This approach allows clients to upgrade their current fleets without the substantial capital expenditure associated with purchasing new equipment. The company generates revenue through the sale and installation of its retrofit technology, as well as ongoing maintenance and support services.

By focusing on teleoperation, Teleo not only improves safety but also enhances operational efficiency. Operators can control multiple machines from a single location, reducing downtime and increasing productivity. This dual benefit of safety and efficiency makes Teleo's offering highly attractive to its target market.

In summary, Teleo.ai is revolutionizing the mining and construction industries by converting existing heavy equipment into remotely controlled robots, thereby enhancing safety and efficiency. The company serves clients in the mining and construction sectors, operates in the industrial automation market, and makes money through the sale and support of its retrofit technology.

Keywords: teleoperation, retrofit, heavy equipment, mining, construction, safety, efficiency, remote control, industrial automation, productivity.

Company overview

Teleo company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2017
Headquarters
Grande Prairie, Canada
Employees
4
Open positions
None listed
Dealroom signal
59.4
client focusb2btechnologyDeep TechtechnologyAutonomous & Sensor Techsub industryAutonomous & Sensor Techbusiness modelManufacturingsectorHard TechsectorYC W20sectorStart AlbertasectorDT and LSsectorscience-basedindustryRoboticsindustryTransportation

Valuation & funding

Teleo funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Nov 2024 $16M $65M Trucks Venture Capital · F-Prime · Trousdale Ventures · Triatomic Capital
SERIES AEquity / VC Jun 2022 $12M $48M Trucks Venture Capital · F-Prime · UP.Partners · K9 Ventures
EARLY VCEquity / VC Dec 2021 $7.9M $32M Undisclosed
SEEDEquity / VC Mar 2020 $125K $500K Y Combinator
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 4
2025 4
2024 4
2023 5
2022 5
2021 7
2020 16
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Growth signals

Teleo website traffic

Latest recorded traffic for Teleo is 3.2K monthly website visits, up 220% over the last three months. Teleo's team grew 0% over the past year.

Latest monthly visits3.2K 3-month web change+220% 1-year team growth0%
Monthly website visits72 observations · Jun 2020–Jul 2026
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Comparisons

Teleo compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Teleo's talent

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Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

8 investors on Teleo's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 1 investor entered at this stage
Series A 6 investors entered at this stage
UP.Partners
Trucks Venture Capital
F-Prime
K9 Ventures
Trousdale Ventures
Triatomic Capital
Other known 1 additional known investor
Tango

Global footprint

Where Teleo has talent and traffic

Workforce by country
1 countries with
team presence
🇨🇦 Canada100%
1 country shown

In the news

Latest news about Teleo

Recent press, funding announcements, and product moves mentioning Teleo — open to read from the original sources.

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Market sentiment

What the market is saying about Teleo

An AI-synthesized read of the highest-engagement posts about Teleo 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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