About Teranet
Teranet is a company based in Toronto (Canada) founded in 1991 was acquired by OMERS Infrastructure in August 2008.. The company has 128 employees as of March 30, 2024. Teranet has completed 2 acquisitions, including Foster Moore and GoVeyance. Teranet offers products and services including GeoWarehouse, LendView, OnLand, and Teranet eXpress. Teranet operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Toronto, Canada
- Employees 128 as on 30 Mar, 2024
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Atserv Technologies (India) Private Limited
- Date of Incorporation 11 Mar, 2019
- Jurisdiction Thiruvananthapuram, Kerala, India
-
Annual Revenue
$3.54 K (USD)-99.87as on Mar 31, 2022
-
Net Profit
$422.24 (USD)-99.81as on Mar 31, 2022
-
EBITDA
$730.64 (USD)-99.87as on Mar 31, 2022
-
Latest Funding Round
$353.74 M (USD), Debt – Conventional
Mar 07, 2025
- Investors
-
Employee Count
128
as on Mar 30, 2024
-
Investments & Acquisitions
Foster Moore
& 1 more
-
Acquired by
OMERS Infrastructure
(Aug 08, 2008)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Teranet
Teranet offers a comprehensive portfolio of products and services, including GeoWarehouse, LendView, OnLand, and Teranet eXpress. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for land and property data insights in Canada
Tool for lending decisions and risk management services
System for accessing land registry and document images
Service for electronic document filing and management
Unlock access to complete
Software Development Team
25 people
Finance and Accounting
14 people
Sales and Marketing
10 people
Product Management Team
9 people
Leadership Team
9 people
Human Resources and Administration
8 people
Data Analysis and Operations Team
6 people
Manager Team
3 people
Unlock access to complete
Funding Insights of Teranet
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $353.7M
-
First Round
First Round
(07 Mar 2025)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Debt – Conventional - Teranet | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Teranet
Teranet has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include OMERS Infrastructure. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital fund focused on clean energy investments
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Teranet
Teranet has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Foster Moore and GoVeyance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Conveyancing software is developed for real estate transactions.
|
2022 | ||||
|
Electronic registry platform is offered for government agencies and corporates.
|
2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Teranet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Teranet Comparisons
Competitors of Teranet
Teranet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
|
|
| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
|
|
| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
|
|
| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
|
|
| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
|
|
| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Teranet
Frequently Asked Questions about Teranet
When was Teranet founded?
Teranet was founded in 1991 and raised its 1st funding round 34 years after it was founded.
Where is Teranet located?
Teranet is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
How many employees does Teranet have?
As of Mar 30, 2024, the latest employee count at Teranet is 128.
What is the annual revenue of Teranet?
Annual revenue of Teranet is $3.54K as on Mar 31, 2022.
What does Teranet do?
Teranet was founded in 1991 in Toronto, Canada, focusing on the legal, real estate, and financial services industries. Land information systems are designed, developed, and operated by the company, including ownership of Ontarios electronic land registration system. Specialized tools are provided to support real estate agents, lawyers, and financial institutions in decision-making, document handling, and risk management. The company is wholly owned by Borealis Infrastructure.
Who are the top competitors of Teranet?
Teranet's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
What products or services does Teranet offer?
Teranet offers GeoWarehouse, LendView, OnLand, and Teranet eXpress.
How many acquisitions has Teranet made?
Teranet has made 2 acquisitions, including Foster Moore, and GoVeyance.
Who are Teranet's investors?
Teranet has 1 investor. Key investors include OMERS Infrastructure.