About Ternary
Ternary is a Technology company based in Claymont (United States) founded in 2020. Cost management services are provided to businesses by Ternary. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. Ternary has raised $20.32 million across 3 funding rounds from investors including Jump Capital, Fin Capital and RiverPark Ventures. Its website ternary.app draws about 14 thousand monthly visits. Ternary offers products and services including Ternary Platform. Its focus areas include Cloud Computing and FinOps Solutions. Its legal entity is Ternary, Inc. Its competitors include Truebill, Grid and BillTrim; 2 of its 3 listed competitors have raised funding.
Company details
A multi-cloud FinOps platform is offered by Ternary to enhance cloud cost transparency and efficiency. Collaboration between finance, engineering, and FinOps teams is facilitated through real-time visibility, accurate forecasting, and actionable insights. Integration with major cloud providers like AWS, Azure, and Google Cloud is supported, alongside tools such as Jira and Snowflake. Solutions are tailored for various industries including public sector, financial services, and retail. Cost management and optimization are simplified for enterprises and managed service providers across multi-cloud environments.
- Headquarters Claymont, United States
- SectorsTechnology
- Email••••••••
- Website ternary.app
- Social LinkedIn X YouTube
- Legal Name Ternary, Inc.
- Total Equity Funding$20.32M (USD)
in 3 rounds
- Latest Funding Round$12M (USD), Series A
Oct 2023
- InvestorsJump Capital
& 9 more
Products & Services of Ternary
Ternary offers a comprehensive portfolio of products and services, including Ternary Platform.
Multi-cloud cost optimization platform for financial management.
Apps and channels of Ternary
its YouTube channel Ternary has 24 subscribers and 28 videos.
Videos from Ternary
The most watched videos on Ternary's YouTube channel, Ternary (24 subscribers). Click a video to play it here.
More on Ternary.
Funding Insights of Ternary
Ternary has successfully raised a total of $20.32M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $20.32M
- Total Rounds 3
- Last Round Series A — $12M
- First Round $1.6M
(Feb 2021)
- Investors Count 10
All 3 funding rounds of Ternary with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $12M | Series A | – | Jump Capital | |
| Feb 2022 | $6.72M | Seed | – | Fin Capital, Neva SGR | |
| Feb 2021 | $1.6M | Seed | – | Greycroft, Oceans | – |
10 investors in total: 10 institutional.
Investors in Ternary
Ternary has secured backing from 10 investors, including venture fund investors. Prominent investors backing the company include Jump Capital, Fin Capital and RiverPark Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and funds of fund firm focused on multiple sectors | jumpcap.com | Chicago, United States | ||
Venture capital firm focused on fintech and B2B SaaS companies | fin.capital | San Francisco, United States | ||
Venture capital firm backed by RiverPark Funds group | riverparkvc.com | New York, United States | ||
Tech focused early-stage micro VC firm investing in the US | greatoaksvc.com | New York, United States | ||
Venture capital investing with a focus on diversity and inclusion in the ecosystem. | gaingels.com | |||
Multiple sectors are targeted for venture capital investments by Greycroft. | greycroft.com | New York, United States | ||
Early-stage venture capital investments are made by Oceans. | oceans.ventures | New York City, United States | ||
Venture capital firm investing in tech sectors | operatorpartners.com | New York, United States | ||
Venture capital firm focused on aerospace, biopharma, consumer, and multiple sectors | correlationvc.com | San Francisco, United States | ||
Neva SGR is engaged in venture capital investments globally. | nevasgr.com | Turin, Italy |
Investor details for Ternary
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Ternary
12 people are tracked at Ternary (6 in leadership, 6 in team).
| Name | Role | Group |
|---|---|---|
Daniel Kornreich | Head of People & Talent | Leadership |
Yalei Wang | VP Of Product Delivery (product And Engineering) | Leadership |
Joshua Kwan | Co-Founder and CTO | Leadership |
Sasha Kipervarg | Co-Founder & CEO | Leadership |
Marie (. | Head Of Marketing | Leadership |
David Shurtliff | Head of Partner and Customer Success | Leadership |
Steven Cummings | Software Engineer | Team |
Aaron Sproul | Senior Software Engineer | Team |
Ethan Bjornsen | Software Engineer | Team |
Kyle Rattet | Software Engineering Manager | Team |
Alan Cham | Software Engineer | Team |
Andrew Peter | Product Lead | Team |
Complete people profiles for Ternary
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Ternary
3 dated milestones of Ternary across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Ternary is founded.
- Funding First funding round of $1.6M.
- Funding Latest funding round, Series A, of $12.0M.
Competitors of Ternary
Ternary has 3 listed competitors in our database, 2 of them funded. They include Truebill, Grid and BillTrim.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| truebill.com | 2015 | San Francisco, United States | $83.88M | Subscription services are tracked and managed through an app-based platform. | ||
| getgrid.app | 2019 | San Francisco, United States | Bills, savings, and tax refunds are managed via mobile platform. | |||
| billtrim.com | 2016 | Houston, United States | $150,000 | Bill management platform |
Detailed competitors of Ternary
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Ternary
The website of Ternary (ternary.app) receives about 14.3K visits a month.
- Monthly visits14.3K
▲ 76.1% vs previous month
Websites whose visitors overlap most with Ternary. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cloudbolt.io | 100% | 50.5K | #740,900 | View details | |
| apptio.com | 95% | 228.2K | #155,515 | View details | |
| pointfive.co | 93% | 6.4K | #2,986,676 | View details |
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Ternary (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Related news about Ternary
Complete news archive for Ternary
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Frequently Asked Questions about Ternary
Ternary was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Ternary is headquartered in Claymont, United States. It is registered at Claymont, Delaware, United States.
Ternary is a funded company, having raised a total of $20.32M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Feb 2021.
A multi-cloud FinOps platform is offered by Ternary to enhance cloud cost transparency and efficiency. Collaboration between finance, engineering, and FinOps teams is facilitated through real-time visibility, accurate forecasting, and actionable insights. Integration with major cloud providers like AWS, Azure, and Google Cloud is supported, alongside tools such as Jira and Snowflake. Solutions are tailored for various industries including public sector, financial services, and retail. Cost management and optimization are simplified for enterprises and managed service providers across multi-cloud environments.
Ternary offers Ternary Platform.
Ternary has 10 investors. Key investors include Jump Capital, Fin Capital, RiverPark Ventures, Great Oaks Venture Capital, and Gaingels.
Ternary operates through Ternary, Inc..