Teleo

Teleo converts heavy construction and mining equipment into supervised autonomous machines. The company raised a $16.2 million Series A extension in 2024, and Havoc announced in 2026 that Teleo had become part of its autonomy group.

Facts

  • Segment: Construction
  • Country: United States
  • Founded: 2019
  • Website: https://www.teleo.ai/

Funding

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Investors

  • F-Prime Capital - Participant - VC - 1 funding event - first seen 2024-11-21
  • Trousdale Ventures - Participant - VC - 1 funding event - first seen 2024-11-21
  • UP.Partners - Lead - VC - 1 funding event - first seen 2024-11-21

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1 commercial event; 1 commercial order; latest event 2024-10-01

  • 2024-10-01 - Commercial order - Teleo secures 34 machine orders across heavy-equipment autonomy markets - source: teleo.ai

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Market context

Comparable profiles and adjacent companies connected by shared workflow, capability, or stack position.

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Timeline

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Team

  • Vinay Shet - Co-founder and CEO - Founder/CEO leadership connects Teleo's supervised autonomy stack to heavy-equipment retrofit deployments.
  • Rom Clement - Co-founder and CTO - Technical founder leadership is central to Teleo's supervised-autonomy and remote-operation system.
  • Brooke Bailey - Vice President of Finance - Finance leadership supports Teleo's commercialization and growth after its Series A extension.

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Deployments

  • Customer Bound Autonomous Machine Orders - 34 machine orders across 9 new customer deals - 2024-10-01 - multiple heavy-equipment customers - supervised-autonomy retrofit markets - Teleo reported 34 machine orders and nine new customer deals for heavy-equipment autonomy across additional markets. … - source: teleo.ai

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