How Much Did Teal Raise? Funding & Key Investors

Date August 22, 2025
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Teal

COMPANY INFO

The company name is Teal Labs, Inc., founded in 2019 by Dave Fano. It is a software development company with around 26 employees, headquartered in South Miami, Florida. Teal offers a personal career growth platform that provides AI-powered tools and resources to help users accelerate their careers, manage job searches, and make confident career decisions. The website is https://www.tealhq.com/. The company operates in the business/productivity software industry.

How Much Did Teal Raise? Funding & Rounds and Investors

Teal is a software development company founded in 2019 by Dave Fano. Operating in the business/productivity software industry, Teal is headquartered in South Miami, Florida, and employs around 26 people. The company provides a personal career growth platform that leverages AI-powered tools and resources to help users accelerate their career paths, manage job searches, and make confident career decisions.

Teal funding has played a significant role in fueling the company’s growth—from product development to launching and scaling its innovative platform. Since inception, Teal has secured a total of $19 million across three funding rounds. The company has attracted support from prominent early-stage venture capital and impact investors, enabling it to reach major milestones such as expanding its AI capabilities and growing its user base. Teal’s funding strategy has emphasized backing from investors aligned with its mission to empower job seekers and professionals with advanced technology.

Funding Rounds

Series A - $7.5M - 2024-06-21

This latest Series A round is being used to expand Teal’s AI-powered career platform and further advance its artificial intelligence capabilities.

Seed Round 2 - $6.3M - 2021-12-20

This second seed funding round aimed to grow Teal’s career platform and empower more job seekers with enhanced resources and tools.

Seed Round 1 - $5.2M - 2020-03-06

The first seed round provided initial capital for developing and launching the core Teal platform.

Key Investors

StageDotO Ventures

StageDotO Ventures is an early-stage venture capital firm participating in Teal investment, supporting the company’s early growth and development.

Stormbreaker Ventures

Stormbreaker Ventures invests in ambitious technology startups. As one of the Teal investors, they have contributed to several rounds, helping to advance Teal’s vision.

Capital Eleven

Capital Eleven is a venture capital firm involved in Teal funding rounds, providing strategic investment for scaling operations and technology.

City Light Capital

City Light Capital is a mission-driven venture capital firm that has been a significant lead investor in Teal’s latest funding rounds, emphasizing impact and technology for positive career outcomes.

Flybridge Capital Partners

Flybridge Capital Partners is a multi-stage venture capital firm and has been a lead investor in both early and later Teal funding rounds, contributing crucial support throughout the company’s growth.

Rethink Capital Partners

Rethink Capital Partners invests in high-impact technology companies and played a lead role in Teal’s second seed round, emphasizing scalable solutions for career growth.

Lerer Hippeau

Lerer Hippeau is a New York-based early-stage venture capital firm that was an early backer in Teal’s initial seed funding, providing investment to launch the platform.

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