Teranet

Toronto, Canada Founded: 1991 • Age: 35 yrs Acquired By OMERS Infrastructure
Data for land information, financial institution and legal institutions.

About Teranet

Teranet is a Technology company based in Toronto (Canada) founded in 1991, and was acquired by OMERS Infrastructure in August 2008. Data for land information, financial institution and legal institutions. The company has 128 employees. Teranet has completed 2 acquisitions, including Foster Moore and GoVeyance. Its website teranet.ca draws about 41 thousand monthly visits. Its Indian entity Atserv Technologies (India) Private Limited reported revenue of ₹38.82 Cr. Teranet offers products and services including GeoWarehouse, LendView, OnLand, and Teranet eXpress. Its focus areas include Business Services, IT Services and Suite.

Company details

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.

Operational Areas
Key Metrics
  • Indian entity revenue
    ₹38.82 Cr

    FY 2024 · +14% YoY

  • Indian entity net profit
    ₹3.95 Cr

    FY 2024 · 10% margin

  • Indian entity EBITDA
    ₹6.05 Cr

    FY 2024 · 16% margin

  • Latest Funding Round
    $353.74M (USD), Debt – Conventional

    Mar 2025

  • Investors
  • Employee Count
    128
  • Investments & Acquisitions
  • Acquired by

Products & Services of Teranet

Teranet offers a comprehensive portfolio of products and services, including GeoWarehouse, LendView, OnLand, and Teranet eXpress.

GeoWarehouse
Real Estate Platform

Platform for land and property data insights in Canada

LendView
Financial Platform

Tool for lending decisions and risk management services

OnLand
Registry Platform

System for accessing land registry and document images

Teranet eXpress
Legal Platform

Service for electronic document filing and management

Funding Insights of Teranet

  • Total Rounds 1
  • Last Round Debt – Conventional — $353.74M
  • First Round $353.74M

    (Mar 2025)

All 1 funding rounds of Teranet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2025$353.74MDebt – Conventional––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Teranet

Teranet has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include OMERS Infrastructure.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital fund focused on clean energy investments
omersinfrastructure.comAmsterdam, Netherlands
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Investor details for Teranet

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Board of directors of Atserv Technologies (India) Private Limited (Teranet)

Atserv Technologies (India) Private Limited is the primary company behind Teranet. The board of Atserv Technologies (India) Private Limited currently have 3 directors; the longest-serving is Ramavatar Rameshwarlal Sharma, appointed in 2024. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ramavatar Rameshwarlal Sharma
DIN 06614793
Director21 Jun 20242 yrs 4 moAtserv Technologies (India) Private Limited
Jill Kyla Vandevoorde
DIN 10659729
Director21 Jun 20242 yrs 4 moAtserv Technologies (India) Private Limited
Nicholas Peter Bartlett Scissons
DIN 10747516
Director22 Aug 20242 yrs 2 moAtserv Technologies (India) Private Limited

People of Teranet

101 people are tracked at Teranet (41 in leadership, 60 in team); the tracked headcount is 128.

NameRoleGroup
Kerri Brass
SVP, Finance & Chief Financial OfficerLeadership
Agostino Russo
Chief Legal Officer & Corporate SecretaryLeadership
Scott Sinha
VP, Corporate DevelopmentLeadership
Elgin Farewell
President & CEOLeadership
Fariba Rawhani
Chief Information OfficerLeadership
Maria Jiang
Finance Business PartnerLeadership
Imran Tarikh
Director Of ITLeadership
Emily Boyce
Senior Director And Cmo, Marketing And Customer EnablementLeadership
Shaun Dell
Director Hr, Organizational Development & GovernanceLeadership
Nick Dalton
Executive Director - Business Registries CanadaLeadership
Colin Morris
Vice President, Business Development And PartnershipsLeadership
Kathleen King
Senior Human Resources Business PartnerLeadership
Michelle Williams
Director, Financial ReportingLeadership
John Garofano
Senior Director, TreasurerLeadership
Norman Ho
Vice President Of Strategic InitiativesLeadership
Teresa L.
Executive Assistant To Chief Executive OfficerLeadership
Nicholas Laine
Director It- Infrastructure & Cloud ArchitectureLeadership
Bill Clarke
Vice President Of Business DevelopmentLeadership
Amanda Will
Director Of Commercial And Registry Solutions, ITLeadership
Sumon Banerjee
Director - Intelligent AutomationLeadership

81 more people are available in the full profile.

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Complete people profiles for Teranet

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Financials of Teranet

Figures of Atserv Technologies (India) Private Limited, the primary company behind Teranet, for FY 2024. Revenue was ₹38.82 Cr (+14% year on year). Net profit was ₹3.95 Cr (10% margin). EBITDA was ₹6.05 Cr (16% margin). Revenue has grown at a compounded annual rate of +1094% over three years.

  • ₹38.82 CrRevenue · FY 2024 · +14% YoY
  • ₹3.95 CrNet profit · 10% margin
  • ₹6.05 CrEBITDA · 16% margin
  • ₹1 LakhPaid-up capital
  • 128Employees (provident fund records)
  • +1094%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Atserv Technologies (India) Private Limited are on its company page.

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Detailed financial statements for Teranet

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Investments & Acquisitions by Teranet

Teranet has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Foster Moore and GoVeyance.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Conveyancing software is developed for real estate transactions.
goveyance.comDelta, Canada2022Apr 2025••••
Electronic registry platform is offered for government agencies and corporates.
fostermoore.comAuckland, New Zealand2008May 2020••••
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Complete acquisition details for Teranet

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
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  • Exports

Verified entity values are shown only after access is granted.

Timeline of Teranet

5 dated milestones of Teranet across 34 years, from founding to its latest funding, stage changes and deals.

  1. Founded Teranet is founded.
  2. Exit Acquired by OMERS Infrastructure.
  3. Acquisition Acquires Foster Moore.
  4. Funding First funding round of $353.7M.
  5. Acquisition Acquires GoVeyance.

Web traffic of Teranet

The website of Teranet (teranet.ca) receives about 40.5K visits a month.

  • Monthly visits
    40.5K

    ▲ 50.8% vs previous month

Similar websites

Websites whose visitors overlap most with Teranet. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
housepriceindex.ca
housepriceindex.ca
100%
#1,309,312–
omersinfrastructure.com
72%
#2,049,700View details
doprocess.com
40%
68.3K#377,051View details
teranetexpress.ca
teranetexpress.ca
39%
#1,060,733–
teranetmanitoba.ca
teranetmanitoba.ca
37%
#1,081,930–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 9 similar websites and full traffic analytics for Teranet

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  • 9 similar websites
  • Audience overlap
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Related news about Teranet

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Complete news archive for Teranet

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Frequently Asked Questions about Teranet

Teranet was founded in 1991 and raised its 1st funding round 34 years after it was founded.

Teranet is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Teranet has 128 employees.

The primary company behind Teranet, Atserv Technologies (India) Private Limited, reported revenue of ₹38.82 Cr for FY 2024, up 14% year on year.

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.

Teranet offers GeoWarehouse, LendView, OnLand, and Teranet eXpress.

Teranet has made 2 acquisitions, including Foster Moore, and GoVeyance.

Teranet has 1 investor. Key investors include OMERS Infrastructure.

Teranet operates through Atserv Technologies (India) Private Limited.

Yes. Teranet was acquired by OMERS Infrastructure in August 2008.

The legal entities of Teranet currently have 3 directors, including Ramavatar Rameshwarlal Sharma, Jill Kyla Vandevoorde, Nicholas Peter Bartlett Scissons.

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