Tern
Signal active
Investment Firm
Overview
Tern provides venture capital to exciting, high growth IoT innovators in Europe.
They provide more than just funding. They provide support and create a genuinely collaborative environment for talented, well-motivated teams. They empower business owners to fulfil their potential for fast growth, market leadership and strong exit multiples.
Highlights
Founded
2004
Industry
Financial Services
Employees
1-10
Investment
18
Lead Investment
5
Exits
3
Stages
Seed, Early Stage Venture
Investor Type
Venture Capital
Location
Europe
Contact Information
Social
Profile Resume
Tern, established in 2004 and headquartered in Europe., specializes in Seed, Early Stage Venture investments across Information Services, Information Technology, Network Security, Software, Cyber Security, Security, Internet of Things, Computer, Telecommunications, Satellite Communication. The organization boasts a portfolio of 18 investments, with an average round size of $3.6M and 3 successful exits. Their recent investments include Device Authority, Wyld Networks, DiffusionData, Seal Software, Toba Capital. The highest investment round they participated in was $2.9B. Among their most notable exits are Device Authority and Wyld Networks. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
Tern has made 18 investments. Their most recent investment was on Aug 11, 2022, when FundamentalVR raised $20.0M.
investments
18
Diversity investments
0
Lead investments
5
Number of exits
3
Investments
18
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Dec 02, 2021 | Device Authority | Information Services | 2.9M |
| Dec 21, 2021 | Konektio | Information Technology | 2.8M |
| Feb 01, 2022 | Talking Medicines | Artificial Intelligence (AI) | 2.0M |
| Aug 11, 2022 | FundamentalVR | Virtual Reality | 20.0M |
Exits
3
Funding Timeline
Funding rounds
18
Investors
2
Funds
0
Funding Rounds
18
Tern has raised 18 rounds. Their latest funding was raised on Aug 11, 2022 from a Series B - FundamentalVR round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Dec 02, 2021 | Venture Round - Device Authority | - | 2.9M | - |
| Dec 21, 2021 | Venture Round - Konektio | - | 2.8M | - |
| Feb 01, 2022 | Venture Round - Talking Medicines | - | 2.0M | - |
| Aug 11, 2022 | Series B - FundamentalVR | - | 20.0M | - |
Investors
6
Tern is funded by 6 investor(s). Ten Eleven Ventures Kantor is the most recent investors.
| Investor Name | Lead Investor | Funding Round | Money Raised |
|---|---|---|---|
| - | No | Post-IPO Debt - Tern | 440.0K |
| - | No | Post-IPO Debt - Tern | 3.8M |
Ten Eleven Ventures | No | Post-IPO Equity - Tern | 4.0M |
| - | No | Post-IPO Equity - Tern | 4.0M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
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