companies

Teton

Founded 2020
Employees 10+
Primary contact
Wilders Plads 9a, 2tv.
1403 Copenhagen
Denmark
Links
https://www.teton.ai/
Technologies
Teton has developed an AI companion for nurses to help monitor patients and optimize workflows. Using cutting-edge deep learning and computer vision products, the solution is meant to empower caregivers to do more with less. Specifically, Teton gives an overview of what is happening on the ward, giving nurses and caregivers an extra set of eyes. It alerts nurses when care is needed, is capable of monitoring sleep, and gives fall warnings. Smart cameras are installed onwards, which can scan the room for updates and patient activity.
Founded 2020
Employees 10+
Primary contact
Wilders Plads 9a, 2tv.
1403 Copenhagen
Denmark
Links
https://www.teton.ai/
Technologies

Funding 💰

Total $6.4M
Last round 🔗 €4.8M
Seed
April 5, 2023.
Select investors Plural Platform, PreSeed Ventures, Danish Business Angels, Innovationsfonden, Accelerace

Key people 🧑‍🤝‍🧑

Highlights ⭐

  • Big problem to solve: Nursing shortages are hitting countries right around the world, with up to 13 million vacancies predicted by 2030. Last year, the International College of Nurses called the lack of available nurses in the workforce a new "global health crisis", and the situation is spiralling.
  • Already in use: As of April 2023, Teton.ai was already working with hospitals, including Nykøbing Falster Hospital and Næstved Hospital in Denmark. 🔗
  • And it works: In early trials of the technology at hospitals and care homes across Denmark, Teton's nurse assistant has helped to reduce the night shift workload by 25% giving nurses more control and more time for their patients. 🔗
  • Privacy comes included: To ensure patient confidentiality and privacy, Teton's analysis takes place within a closed system and no personal data is uploaded to a central server.
  • Expansion plans: The company plans to expand beyond its home market of Denmark to the wider Nordic region, as well as further into Europe, including Germany, the UK and the US. Eventually, the company will build a full virtual nurse to support critical healthcare workers wherever they are in the hospital.

Quotes 💬

“
Growing demand from an ageing population and shortage of supply of trained staff are the two big issues creating challenges in healthcare systems around the world. In line with Plural's ambition to solve hard problems, we see huge potential for Teton.ai as a European-founded company building an AI-assisted technology platform to support nurses to provide better patient care. Teton's mission is vital and we are thrilled to be working closely with Mikkel, Esben and the team.
— Taavet Hinrikus from Plural Platform 🔗
Last update: April 18, 2023