Copenhagen-based Teton.ai, a health tech startup building an AI companion for nurses, announced that it has secured approximately €4.8M in funding led by Plural.
Strategic angel investor Finn Murphy, formerly at Frontline Ventures, also participated in the round.
Teton.ai says it intends to use the funds to expand its engineering and commercial teams to help roll out the product in Denmark.
The company also plans to utilize the capital to expand to the rest of the Nordics, Germany, the UK, and the US.
Founded by Mikkel Wad Thorseen (CEO) and Esben Klint Thorius (CTO), Teton.ai is building an AI companion for nurses to help monitor patients and optimize workflows.
According to Thorseen, Teton.ai’s technology has helped reduce night shift workload by 25 percent in care homes, giving caregivers more control over their workload, reducing exhaustion, and allowing them to dedicate more time to caring for residents.
Currently, Teton.ai’s product provides a comprehensive and anonymized overview of the ward. The AI assistant acts as an extra pair of eyes and ears so nurses can focus on delivering high-quality care.
Teton’s AI was trained using hospital data sets and feedback from nurses to provide support for clinicians facing high volumes of work.
Smart cameras, which leverage computer vision, are installed onwards and can scan the room for updates and patient activity, which are then fed back into a web app to alert nurses when care is needed.
In Denmark, Teton.ai is currently working with Nykøbing Falster Hospital and Næstved Hospital, among others.
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