Teton.ai Secures $20M to Accelerate U.S. Expansion of AI Nursing Technology

Copenhagen-based Teton.ai has closed a $20 million Series A funding round to propel its U.S. market entry and strengthen its position in the predictive care sector. The round was led by Plural with participation from Bertelsmann Investments, Antler Elevate, Nebular, and follow-on investment from PSV Tech. The company's AI-powered nursing companion technology is set to launch across 10 U.S. states by the end of 2025.

The company's platform creates digital twins that monitor and analyze both patient and staff activities within hospital settings, providing comprehensive insights into health patterns and operational workflows. Through continuous observation of resident behavior, the system can identify risk factors and help prevent adverse events such as falls among senior adults. The technology extends beyond patient monitoring to forecast staffing requirements, track health metrics, and optimize billing processes, enabling healthcare facilities to make data-driven decisions about resource allocation and operational planning.

A distinctive feature of Teton.ai's platform is its ability to provide families with real-time remote monitoring capabilities, allowing them to stay connected with their relatives' health status. The company is currently conducting advanced pilots with U.S. asset owners to integrate its predictive care technology into elderly care facilities across the country.

"We will keep pushing the limits of what AI can do in predictive care, while staying laser-focused on a seamless user experience. At the same time, we are rolling out across the U.S. and will be live in 10 states by year-end," Mikkel Wad Thorsen, CEO of Teton.ai, told MobiHealthNews.

The company has demonstrated its technical capabilities through a partnership with Denmark's national supercomputer, Gefion, operated by the Danish Center for AI Innovation. In May, Teton.ai successfully created a real-time, live 3D reconstruction of a hospital room using NVIDIA DGX systems, showcasing the platform's ability to help nurses recognize risks early while reducing administrative burden.

This funding round builds on Teton.ai's previous $5.3 million raise in 2023, also led by Plural with participation from Frontline Ventures and Finn Murphy. The new capital will support the company's ambitious expansion plans as it enters a competitive market that includes established players such as CarePredict, which secured $29 million in 2023 for its wearable-based senior care platform, and emerging solutions addressing various aspects of elderly care technology.

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