Teton.ai successfully raised $20 million in a Series A funding round to enhance its predictive intelligence platform, aimed at transforming senior care through innovative AI technology.

Information on the Target

Teton.ai is a pioneering predictive intelligence company focused on revolutionizing modern healthcare, particularly in the senior care sector. With its proprietary AI and computer vision technology, Teton is uniquely positioned to transition care delivery from a reactive model to a predictive one. This innovation aims to simultaneously enhance the quality of care provided, improve caregiver job satisfaction, and boost operational performance for owners and operators in the healthcare landscape. Teton's mission is to make superior care both affordable and accessible to everyone.

Since its inception, Teton has demonstrated impressive growth, achieving a 13-fold increase in Annual Recurring Revenue (ARR) and collaborating with Nvidia to compile the largest point-of-care dataset in senior care. With year-on-year customer growth of 300%, Teton is actively engaged in advanced pilot programs with major U.S. asset owners to extend its predictive care solutions to hundreds of thousands of additional patients in elderly care facilities.

Industry Overview

The long-term care sector, encompassing skilled nursing facilities and in-home care, is a vital component of the healthcare industry in the U.S., Europe, and Asia, boasting a total addressable market valued at $220 billion. Th