# Teleo: Construction, Palo Alto, United States

> Teleo: Teleo provides construction equipment by converting existing fleet into remote-controlled robots. Based in Palo Alto, United States. Founded 2019.

Source: https://millionrounds.com/startup/teleo (Millionrounds; every figure on the page links to its filing or article)

United States · [Construction startup](https://millionrounds.com/companies)

# Teleo

Teleo provides construction equipment by converting existing fleet into remote-controlled robots.

Funding reported Last round: Series A

Construction Palo Alto, United States

Company summary

- **Founded:** 2019 7 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** $12M in dollars
- **Last round:** Series A Jun 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Teleo has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Teleo raised

Funding, as reported

Reported in all **$12M** in dollars

Rounds **2**

Last round **Series A**

Last round date **Jun 2022**

Investors listed **10**

Y Combinator **W20**

## Founders and team

From Teleo's own website: 2 founders, 3 on the team.

**Vinay Shet** Co-founder and CEO

**Rom Clement** Co-founder and CTO

- **Brooke Bailey** Vice President of Finance
- **Karthik Chellappan** Director of Software Integration
- **Paul Montgomery** Principal Robotics Engineer

## On 4 portfolio pages

Investors who name them

- [K9 Ventures](https://millionrounds.com/fund/k9-ventures)
- [Up Partners](https://millionrounds.com/fund/up-partners)
- [Trucks Venture Capital](https://millionrounds.com/fund/trucks-venture-capital)
- [Free State Forge](https://millionrounds.com/fund/free-state-forge)

Each firm lists Teleo on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## How it ended, so far

Exit

Exit Buyer Price When

Acquired [Microsoft](https://millionrounds.com/fund/microsoft) undisclosed Aug 2005

## Construction in United States

Startups like it

- [**Clearway Energy Group** San Francisco · founded 2018](https://millionrounds.com/startup/clearway-energy-group)
- [**Katerra** Menlo Park · founded 2015](https://millionrounds.com/startup/katerra-2)
- [**Avenue Bellevue** Bellevue · founded 2016](https://millionrounds.com/startup/avenue-bellevue)
- [**United Site Services** Westborough · founded 1999](https://millionrounds.com/startup/united-site-services)
- [**Peak Utility Services Group** Arvada · founded 2018](https://millionrounds.com/startup/peak-utility-services-group)
- [**Gulf Coast Pipeline Services** Dickinson](https://millionrounds.com/startup/gulf-coast-pipeline-services)
- [**Highside Companies** Denver · founded 2019](https://millionrounds.com/startup/highside-companies)
- [**Scout Clean Energy** Boulder · founded 2016](https://millionrounds.com/startup/scout-clean-energy)

## Is this your company?

Add your raise, your deck and your story, and put Teleo in front of investors. Or tell us what we have wrong.

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