Teal: Funding, Investors & Team (Aug 2026)
Teal is a European payroll data API platform, building financial data solutions for the credit industry. We believe credit should work for everyone. In order to do that, there needs to be more transparency and more data. By empowering lenders with the software infrastructure for reliable, real-time affordability data we’re enabling consumers to get credit decisions faster, with a product that is fit for them, ultimately leading to better access to credit. Teal is a fully modular API platform, that connects with different payroll sources to provide real time income data to lenders and supporting their credit processes. - Access to real time income data for better credit decisioning - Income checks become fully digital and automated, with the user's consent at the core - Fully adaptable flows for higher conversions Reduce credit risk and operational costs now.
Teal has raised $2.4M across 2 funding rounds on record, the most recent a Pre-Seed of $1.9M announced in Jun 2025.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Teal Company Profile and Key Stats
Latest funding round on record: Jun 2025.
Teal Funding Rounds
Teal raised $500k in an undisclosed round announced in Nov 2024.
7 months later, a Pre-Seed of $1.9M was announced in Jun 2025.
Teal Founders and Leadership Team
Contact details for the Teal team: 1 of 1 has an email address on file.
Start 14-day free trial →Teal Funding Compared to Other Financial Services Startups
Teal's latest round of $1.9M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Teal Funding FAQs
What does Teal do?
Teal is a European payroll data API platform, building financial data solutions for the credit industry. We believe credit should work for everyone. In order to do that, there needs to be more transparency and more data. By empowering lenders with the software infrastructure for reliable, real-time affordability data we’re enabling consumers to get credit decisions faster, with a product that is fit for them, ultimately leading to better access to credit. Teal is a fully modular API platform, that connects with different payroll sources to provide real time income data to lenders and supporting their credit processes. - Access to real time income data for better credit decisioning - Income checks become fully digital and automated, with the user's consent at the core - Fully adaptable flows for higher conversions Reduce credit risk and operational costs now.
How much funding has Teal raised?
Teal has raised $2.4M across 2 rounds on record. The most recent is a Pre-Seed of $1.9M announced in Jun 2025.
When did Teal last raise funding?
Teal's most recent funding round on record is a Pre-Seed of $1.9M, announced in Jun 2025.
Who founded Teal?
FundedIQ lists Michael Hart (Founder) at Teal.
Where is Teal headquartered?
Teal is based in London, England, United Kingdom.
How many employees does Teal have?
Teal is in the 1-10 employee band.
How does Teal's funding compare to other Financial Services startups?
Teal's latest round of $1.9M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Teal Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Teal is left off this page rather than filled in.
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