Teo
Latest round
- Series A
Last raised
- Apr 2021
Total raised
- $3.3M
Investors
- 1
About Teo
Based in Bordeaux, France, Teleophtalmo, SAS doing business as Teo operates in the healthcare sector, focusing on ophthalmology services, providing support for opening and managing the practice. The company was founded by Antoine Peyssonnel, who has a history of establishing healthcare solutions. The company specializes in the provision of ophthalmology services through a network of over 50 operational clinics across France, primarily addressing the challenges posed by medical deserts where access to healthcare is limited. Their core offerings include a telemedicine platform that facilitates patient consultations, enabling patients to secure appointments in an average of 16 days. The company has developed a software solution that centralizes the management of patient appointments, financial transactions, and overall clinic operations, streamlining workflows for both ophthalmologists and orthoptists. Additionally, it provides real estate, administrative and logistics management, and HR management services. Teo's revenue model is predominantly structured around service fees generated from the operational management of ophthalmology clinics and telemedicine consultations. Revenue is derived from B2B partnerships with ophthalmologists and healthcare institutions, who benefit from the company's administrative, logistical, and technical support services. Transactions typically involve fixed monthly fees for the use of the telemedicine platform, as well as a percentage of the consultation fees charged to patients. The company plans to introduce new features aimed at improving patient engagement and operational efficiency in the next year. Furthermore, Teo is targeting expansion into additional regions of France that are currently underserved in ophthalmology by the end of 2024, leveraging recent investments to facilitate this growth.
Who invested in Teo
1 investor across 1 round
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Funding rounds
Series A
Apr 16, 2021
Amount
$3.3M
Investors
Questions about Teo
Who invested in Teo?
Teo has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Teo raised?
Teo has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Teo last raise money?
Teo's most recent round on record is a Series A, in Apr 2021.
What does Teo do?
Based in Bordeaux, France, Teleophtalmo, SAS doing business as Teo operates in the healthcare sector, focusing on ophthalmology services, providing support for opening and managing the practice.
Where is Teo headquartered?
Teo is headquartered in Bordeaux, France.
Which VCs invest in companies like Teo?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Teo's stage. Their profiles are linked below.
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