Teleo retrofits heavy construction equipment with a universal retrofit kit, enabling remote control and supervised autonomy through a proprietary software platform. This technology allows a single operator to manage multiple machines simultaneously, addressing labor shortages and enhancing site productivity.
Funding
$28.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
TVTVFounders
Product
Problem
Construction sites face persistent labor shortages and safety risks, while also struggling to maximize equipment utilization and operational efficiency. Traditional operation of heavy machinery requires skilled on-site personnel, limiting the pool of available workers and exposing them to potentially hazardous conditions.
Solution
Teleo offers a supervised autonomy solution for heavy construction equipment, enabling remote operation and enhanced productivity. Their universal retrofit kit can be installed on existing machinery, allowing a single operator to control multiple machines from a remote command center. The proprietary software platform provides real-time video and data analytics, improving operational visibility and decision-making. This approach addresses labor challenges by expanding the reach of skilled operators and creating safer, more comfortable working conditions.
Target Audience
Teleo's primary customers are construction companies, mining operations, and other organizations that rely on heavy equipment and are seeking to improve productivity, safety, and workforce management.
Features
- Universal retrofit kit compatible with a wide range of heavy equipment
- Remote command center providing a safe and ergonomic operating environment
- Proprietary software platform enabling remote control and supervised autonomy
- Real-time video and data analytics for enhanced operational visibility
- Robust mesh network for reliable communication between equipment and the command center
- Ability for a single operator to manage multiple machines simultaneously