August 28, 2023

Teale, your mental health companion at work, raises $11 million

Teale

Investment raised

USD 11M

Valuation

Stage

Sector

Region

🏆 Deal of the Week · CW 35/2023

Teale raised USD 11 million in a Series A round; the valuation remains undisclosed. The round was co-led by Alter Equity 3P and Bpifrance Digital Venture. This funding was recognised as Venionaire DealMatrix Deal of the Week for KW 35/2023.

Teale — key deal facts

Company Teale
Founded 2020
Headquarters Paris, France
Amount raised USD 11M
Valuation Valuation Remains Undisclosed
Round Series A
Investors Alter Equity 3P (https://www.alter-equity.com/) Bpifrance Digital Venture (https://www.bpifrance.fr/)
Sectors Health Care

Who invested in Teale?

The round was funded by Alter Equity 3P and Bpifrance Digital Venture. The combination of a specialist impact-oriented growth equity fund and France's public investment bank signals institutional confidence in Teale's mission-driven, scalable model. Bpifrance's participation in particular underlines French strategic interest in domestic mental health infrastructure for the workplace.

What does Teale do?

Teale is a B2B mental health platform founded in 2020 and headquartered in Paris, France. The platform provides organisations with personalised employee mental health care, including a content library of over 1,000 audio and video pieces covering topics such as stress and burnout, direct access to psychiatrists and psychologists, individual resilience programmes, manager training, and company-wide workshops. Teale's approach is grounded in cognitive science and data analytics, and the company serves more than 300 corporate clients — including Sanofi and SNCF — supporting upwards of 100,000 employees globally.

Teale valuation & multiples

Explore the benchmarks: Series A.

Frequently asked questions

How much did Teale raise in its Series A?

Teale raised USD 11 million in its Series A round, recognised as Deal of the Week for KW 35/2023.

What is Teale's valuation?

Teale's valuation was not disclosed in connection with this Series A round.

Who invested in Teale?

The Series A was funded by Alter Equity 3P and Bpifrance Digital Venture.

When was Teale founded and where is it based?

Teale was founded in 2020 and is headquartered in Paris, France.

Source: original announcement — read the full report.

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