Teal Communications

Teal Communications

Teal provides seamless connectivity for IoT. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD20212023
Revenues1.3m8.1m
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DateInvestorsAmountRound

$1.0m

Seed

$9.1m

Series A
*

$10.8m

Valuation: $100m

Series A
*
N/A

$5.3m

Valuation: $100m

Early VC
Total Funding€23.8m

Recent News about Teal Communications

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Teal Communications provides a groundbreaking eSIM platform that allows any IoT (Internet of Things) device to connect to over 2,000 cellular networks across 195 countries. This platform eliminates the need for roaming by automatically selecting the best network based on variables such as price, coverage, and quality. Teal's solution is designed to be scalable and adaptable, supporting 2G, 3G, 4G, LTE-M, NB-IoT today, and 5G in the future. The eSIM can remain in a device for its entire lifecycle, up to 15-20 years, without requiring physical maintenance, even as the device moves globally. Teal serves a wide range of clients, including enterprises and organizations that deploy IoT devices worldwide. The company operates in the global IoT connectivity market, offering a subscription-based business model where clients pay for access to the eSIM platform and its connectivity services. Revenue is generated through subscription fees and potentially additional charges based on data usage or premium features.

Keywords: eSIM, IoT connectivity, global networks, cellular networks, roaming elimination, scalable platform, 5G, subscription model, network optimization, device lifecycle.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.