Teton.ai secures €17 million to make predictive healthcare accessible and affordable for all

Copenhagen’s Teton.ai Raises €17 Million to Make Healthcare More Affordable and Accessible

Teton.ai, a Danish company specializing in predictive intelligence for healthcare, has secured €17 million in a Series A funding round. Led by Plural, which also backed their Seed round, this investment includes participation from Bertelsmann Investments, Antler Elevate, Nebular, and follow-on support from PSV Tech.

Mikkel Wad Thorsen, CEO of Teton.ai, explains the company’s mission: “The economics of senior care and healthcare are broken. Costs rise, staff burnout increases, and outcomes suffer. Shifting care from reactive to predictive changes everything. Emergencies decline, staffing can be planned precisely, and every intervention adds value. This technology makes high-quality care more accessible and affordable while improving life quality and reducing delivery costs.”

Founded in 2020, Teton.ai has developed technology embedded in care environments that delivers measurable return on investment from day one. Their platform is tailored to healthcare settings, starting with senior care communities and hospitals, but designed to benefit any healthcare environment worldwide.

Growth and Partnerships

Since their Seed round, Teton.ai has increased annual recurring revenue (ARR) by 13 times and partnered with Nvidia to build the largest point-of-care dataset in senior care. Their customer base is growing by 300% year-over-year, supporting senior care communities and hospitals across the U.S. and Europe.

Taavet Hinrikus, Partner at Plural, highlights the impact: “Teton’s technology reduces costs and resource needs while improving health outcomes. It benefits owners, operators, caregivers, families, and residents. Their strong team and technology position them to lead the market and solve a major global challenge.”

Addressing Healthcare’s Challenges

Healthcare faces systemic challenges, especially in senior care. Aging populations, rising comorbidities, overburdened staff, and increasing costs create pressure on the system. Teton.ai aims to bridge the gap between care needs and capacity, making premium care accessible for families and their loved ones.

Four Core Capabilities of Teton.ai’s Platform

• Digital Twins through AI and Computer Vision: The platform creates digital twins that continuously monitor residents, staff, and spaces in a passive and private way. This generates a new clarity layer with detailed health profiles and operational insights.
• Health Metrics and Pattern Visibility: Teton tracks key health indicators, bringing attention to changes and opportunities for early intervention.
• Workflow and Staffing Forecasting: The system forecasts staffing and workflow needs, allowing leaders and caregivers to plan efficiently.
• Targeted Communication: Teton delivers timely messages to the right person, enabling preventative care without unnecessary disturbances. This reduces administrative burdens and frees caregivers to focus on human-to-human care.

Benefits Across the Care Ecosystem

• Residents: The platform enables safer, more personalized, and dignified care. For example, it reduces falls—a leading cause of injury-related death for adults over 65—by 82%.
• Families: Teton offers transparency and trust, allowing families to monitor their loved ones’ health remotely in real time.
• Caregivers: By cutting down administrative tasks and improving route planning, Teton saves caregivers 25% of their time daily, letting them focus more on direct care.
• Operators: The system optimizes workflows, improves occupancy and staff retention, lowers liability, and maximizes revenue. It boosts staff retention by 28%, crucial amid a global caregiver shortage.
• Owners: Teton provides portfolio-wide transparency, helping attract residents, reduce risk, and increase returns. It delivers a 5x ROI within the first year after installation.

Teton.ai’s approach offers practical solutions to pressing healthcare challenges, especially in senior care settings. By enabling predictive, data-driven decisions, the platform improves operational efficiency and care quality simultaneously.

Healthcare professionals interested in the intersection of AI and care delivery may find value in exploring relevant AI courses and training to better understand such innovations. For more information on AI in healthcare and other sectors, visit Complete AI Training.