Teal Communications

SoftwareSeries ASeattle, UStealcom.io

Latest round

Series A

Last raised

Mar 2022

Total raised

$20M

Investors

4

About Teal Communications

Teal Communications, Inc.Founded in 2018, Teal Communications, Inc. is based in Seattle, US. The company offers Cellular IoT connectivity solutions, focusing on a programmable eSIM.Teal specializes in providing Cellular IoT connectivity solutions through its innovative eSIM platform. The core product offering includes a programmable eSIM that enables organizations to maintain secure and flexible connections across multiple cellular networks worldwide. This technology allows clients to manage their IoT deployments seamlessly, facilitating the switch between global carriers.Teal generates revenue primarily through a subscription-based model, providing clients access to its eSIM platform and associated services. This model offers enterprise customers the flexibility to manage their IoT networks without long-term contracts, with pricing plans tailored to their data requirements.80 mn, the company plans to leverage these funds to expand its product offerings and market reach. The firm is currently working on the launch of new IoT connectivity solutions, with the aim of entering additional markets by the end of 2023. This strategy includes targeting new geographic regions to enhance their service provision and connectivity solutions.

Who invested in Teal Communications

4 investors across 2 rounds

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Funding rounds

  1. Series A

    Mar 15, 2022

    Amount

    $11M

    Investors

    Locked

  2. Series A

    Apr 9, 2021

    Amount

    $9.1M

    Investors

    Locked

Questions about Teal Communications

Who invested in Teal Communications?

Teal Communications has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Teal Communications raised?

Teal Communications has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Teal Communications last raise money?

Teal Communications's most recent round on record is a Series A, in Mar 2022.

What does Teal Communications do?

Teal Communications is a software company.

Where is Teal Communications headquartered?

Teal Communications is headquartered in Seattle, US.

Which VCs invest in companies like Teal Communications?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Teal Communications's stage. Their profiles are linked below.

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