Copenhagen’s Teto.ai Raises €17 Million In Series A Round

The round was led by Plural, joined by Bertelsmann Investments, Antler Elevate, Nebular, and follow-on investment from PSV Tech.

Mikkel Wad Thorsen, CEO of Teton.ai, said: “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.”

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Founded in 2020, Teton.ai builds predictive intelligence for healthcare, providing clarity, foresight, and actionable insights. Starting with senior care communities and hospitals, its technology is designed to benefit any healthcare setting globally. Since its seed round, Teton has grown ARR 13×, partnered with Nvidia on the largest senior care dataset, and expanded customers 300% year-on-year across the U.S. and Europe.

“Teton is at the cutting edge of a much-needed transformation in healthcare,” said Taavet Hinrikus, Partner, Plural. “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.”

Healthcare, especially senior care, faces urgent challenges: aging populations, rising comorbidities, overburdened staff, and increasing costs. Teton.ai aims to bridge the gap between care needs and capacity, helping families access high-quality care for their loved ones while supporting staff and optimizing resources.

About Teton

Teton a Danish AI healthcare company, develops advanced deep learning and computer vision solutions to empower caregivers. By cutting administrative burdens and boosting preparedness, Teton transforms the nursing experience allowing nurses to focus on patient care, reignite their passion, and manage workloads efficiently without stress or understaffing.