Healthcare technology company Teton announced a $20 million Series A funding round to accelerate its mission of making high-quality care more affordable and accessible. The round was led by Plural, which also backed Teton’s seed stage, with additional support from Bertelsmann Investments, Antler Elevate, Nebular, and PSV Tech. This funding will advance Teton’s expansion across the U.S. and Europe and strengthen its engineering capabilities as it continues to redefine how care is delivered.
At the center of Teton’s platform is a shift from reactive to predictive care. Using proprietary AI and computer vision, the company has developed a system that passively monitors residents, staff, and environments to generate real-time insights. These digital twins create a new layer of clarity, enabling caregivers and administrators to anticipate needs, optimize staffing, and intervene before emergencies occur. The result is a more personalized, efficient, and dignified care experience for residents, as well as a more sustainable model for operators.
Since its seed funding round, Teton has grown annual recurring revenue thirteenfold and partnered with Nvidia to build the largest point-of-care dataset in senior care. Its customer base has expanded 300% year-over-year, and the company is now running advanced pilots with major U.S. asset owners to bring predictive care to hundreds of thousands of residents.
The platform delivers measurable outcomes across the care ecosystem. For residents, it reduces falls by over 80%. For families, it offers real-time transparency and peace of mind. Caregivers gain back 25% of their time daily, allowing them to focus on human-to-human care. Operators benefit from improved workflows, higher staff retention, and full revenue capture, while owners see portfolio-wide performance improvements and up to 5x ROI within a year of deployment.
Teton’s technology is designed to integrate seamlessly into care environments, requiring no wearables, video streams, or third-party involvement. It works quietly in the background, delivering actionable insights through intuitive apps that fit naturally into daily routines.
KEY QUOTES:
“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. After years embedded inside care environments, we’ve built technology that impacts daily operations, delivering measurable ROI to operators from day one and structural advantages that only grow over time.”
Mikkel Wad Thorsen, CEO of Teton.ai
“Teton is at the cutting edge of a much-needed transformation in healthcare. 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 gamechanger 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.”
Taavet Hinrikus, Partner, Plural
