Ternary

Claymont, United States Founded: 2020 • Age: 6 yrs
Cost management services are provided to businesses by Ternary.
Annual revenue - Latest available
Total funding $20.3M 3 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Ternary

Ternary is a company based in Claymont (United States) founded in 2020. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Ternary has raised $20.32 million across 3 funding rounds from investors including Jump Capital, Fin Capital and RiverPark Ventures. Ternary offers products and services including Ternary Platform. Ternary operates in a competitive market with competitors including Truebill, Grid, BillTrim, Hiatus and WalletFi, among others.

  • Headquarter Claymont, United States
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Ternary, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $20.32 M (USD)

    in 3 rounds

  • Latest Funding Round
    $12 M (USD), Series A

    Oct 23, 2023

  • Investors
  • Employee Count
    Not available
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Products & Services of Ternary

Ternary offers a comprehensive portfolio of products and services, including Ternary Platform.

Product name locked
Category locked
Primary

Multi-cloud cost optimization platform for financial management.

People of Ternary

Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Daniel Kornreich
Head of People & Talent
People
Aaron Sproul
Senior Software Engineer
People
Yalei Wang
VP Of Product Delivery (product And Engineering)
People
Ethan Bjornsen
Software Engineer

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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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital and funds of fund firm focused on multiple sectors
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Venture capital firm focused on fintech and B2B SaaS companies
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Venture capital firm backed by RiverPark Funds group
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Investor details for Ternary

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Ternary

Investments
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Investment portfolio details for Ternary

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
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Financial Statements - Ternary

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Detailed financials for Ternary

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  • Profit trends
  • Statement rows
  • Financial ratios

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Ternary Comparisons

Ternary Primary company
Description
Cost management services are provided to businesses by Terna...
Location
Claymont, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Ternary

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Ternary

Ternary 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 Truebill, Grid, BillTrim, Hiatus and WalletFi, among others.

Company Name Domain Founded year HQ Location Description
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Subscription services are tracked and managed through an app-based platform.
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Bills, savings, and tax refunds are managed via mobile platform.
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Bill management platform
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Hiatus is developed as an all-in-one finance and bill management tool.
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Recurring billing and payments are managed via an online platform.
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Detailed competitors of Ternary

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

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Latest news on Ternary

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Complete news archive for Ternary

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  • Older coverage
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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.

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's top competitors include Truebill, Finovera and Hiatus.

Ternary offers Ternary Platform.

Ternary has 10 investors. Key investors include Jump Capital, Fin Capital, RiverPark Ventures, Great Oaks Venture Capital, and Gaingels.

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