Terradepth

Austin, United States Founded: 2018 • Age: 8 yrs
Provides data collection technology for marine tracking systems
Annual revenue - Latest available
Total funding $28.0M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Terradepth

Terradepth is a company based in Austin (United States) founded in 2018 by Joe Wolfel and Judson Kauffman. Terradepth has raised $28 million across 3 funding rounds from investors including Seagate, Capital Innovators and Giant Ventures. Terradepth offers products and services including ODaaS, Absolute Ocean, and Autonomous Survey Services. Terradepth operates in a competitive market with competitors including Rovco, XOCEAN, Vaarst, Planys Technologies and EyeROV, among others.

  • Headquarter Austin, United States
  • Founders Joe Wolfel, Judson Kauffman
  • Sectors
    Transportation, Automotive & Logistics
    Environment Energy & Utilities Industrial Goods & Manufacturing Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Terradepth, Inc.
Operational Areas
Transportation, Automotive & Logistics → Maritime, Ports & Shipping Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $28 M (USD)

    in 3 rounds

  • Latest Funding Round
    $100 K (USD), Grant

    May 09, 2022

  • Investors
    Seagate

    & 3 more

  • Employee Count
    Not available
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Products & Services of Terradepth

Terradepth offers a comprehensive portfolio of products and services, including ODaaS, Absolute Ocean, and Autonomous Survey Services.

Product name locked
Category locked
Primary

Provides ocean data management via long-endurance AUVs

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Category locked
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Interactive tool for visualizing and handling maritime data sets

Product name locked
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Uses AUVs for efficient subsea data collection and analysis

People of Terradepth

Headcount 10-50
Employee Profiles 13
Employee Profiles
People
Adam Smith
Research and Development Production Manager
People
Joe Wolfel
CEO
People
Steve DeLory
VP of Engineering
People
Andrew Burcham
SVP of Business Development, Government & Defense

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Funding Insights of Terradepth

Terradepth has successfully raised a total of $28M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $100 thousand completed in May 2022. 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 Terradepth

Terradepth has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Seagate, Capital Innovators and Giant Ventures.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Technology, consumer, and energy startups are accelerated and funded.
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Giant Ventures is engaged in venture capital investments for technology startups.
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Venture capital investments are made by Nimble Ventures family office.
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Investor details for Terradepth

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Investments & Acquisitions by Terradepth

Investments
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Investment portfolio details for Terradepth

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  • Transaction dates
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Financial Statements - Terradepth

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Detailed financials for Terradepth

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  • Profit trends
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Terradepth Comparisons

Terradepth Primary company
Description
Provides data collection technology for marine tracking syst...
Location
Austin, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Terradepth

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Competitors of Terradepth

Terradepth 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 Rovco, XOCEAN, Vaarst, Planys Technologies and EyeROV, among others.

Company Name Domain Founded year HQ Location Description
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Provider of AI-driven ROVs and services for inspection of ships
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Ocean data is acquired via uncrewed surface vessels.
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AI-based robotic analysis solutions for marine applications are provided.
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Provider of marine underwater robotics inspection platform
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Provider of remotely operated vehicles and unnamed systems for underwater inspections
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Detailed competitors of Terradepth

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Latest news on Terradepth

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Complete news archive for Terradepth

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Terradepth

Terradepth was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Terradepth is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Joe Wolfel is the current CEO of Terradepth. They have also founded this company.

Terradepth is a funded company, having raised a total of $28M across 3 funding rounds to date.

Terradepth was founded in 2018 in Austin, United States, focusing on marine technology. Undersea data capture, storage, and transmission are integrated for autonomous underwater vehicles. A patent-based system is utilized to enable data visualization and interaction. Operations center on developing tools for marine tracking systems, supporting applications in oceanic environments.

Terradepth's top competitors include Rovco, XOCEAN and Vaarst.

Terradepth offers ODaaS, Absolute Ocean, and Autonomous Survey Services.

Terradepth has 4 investors. Key investors include Seagate, Capital Innovators, Giant Ventures, and Nimble.

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