About Terradepth
Terradepth is a Transportation, Automotive & Logistics company based in Austin (United States) founded in 2018 by Joe Wolfel and Judson Kauffman. It provides data collection technology for marine tracking systems. It operates in the Transportation, Automotive & Logistics, Environment, and Energy & Utilities sectors. Terradepth has raised $28 million across 3 funding rounds from investors including Seagate, Capital Innovators and Giant Ventures. Its chief executive, as recorded, is Joe Wolfel. Terradepth offers products and services including ODaaS, Absolute Ocean, and Autonomous Survey Services. Its focus areas include Consumer, Logistics Tech, Freight and Maritime. Its legal entity is TERRADEPTH, INC. Its competitors include Saildrone, Nauticus Robotics and Liquid Robotics; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Austin, United States
- Founders Joe Wolfel, Judson Kauffman
- SectorsTransportation, Automotive & LogisticsEnvironment Energy & Utilities Industrial Goods & Manufacturing Technology
- Email••••••••
- Website terradepth.com
- Social LinkedIn X Instagram YouTube
- Legal Name Terradepth, Inc.
- Total Equity Funding$28M (USD)
in 3 rounds
- Latest Funding Round$100K (USD), Grant
May 2022
- InvestorsSeagate
& 3 more
Products & Services of Terradepth
Terradepth offers a comprehensive portfolio of products and services, including ODaaS, Absolute Ocean, and Autonomous Survey Services.
Provides ocean data management via long-endurance AUVs
Interactive tool for visualizing and handling maritime data sets
Uses AUVs for efficient subsea data collection and analysis
Apps and channels of Terradepth
its YouTube channel Terradepth has 162 subscribers and 10 videos.
Videos from Terradepth
The most watched videos on Terradepth's YouTube channel, Terradepth (162 subscribers). Click a video to play it here.
More on Terradepth.
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.
- Total Funding $28M
- Total Rounds 3
- Last Round Grant — $100,000
- First Round $8M
(Dec 2019)
- Investors Count 4
All 3 funding rounds of Terradepth 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 |
|---|---|---|---|---|---|
| May 2022 | $100,000 | Grant | – | – | |
| Apr 2022 | $20M | Series B | – | Giant Ventures, Nimble Ventures | – |
| Dec 2019 | $8M | Series A | – | Seagate | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology, consumer, and energy startups are accelerated and funded. | 2010 | capitalinnovators.com | St. Louis, United States | |
Giant Ventures is engaged in venture capital investments for technology startups. | giant.vc | London, United Kingdom | ||
Venture capital investments are made by Nimble Ventures family office. | nimble.vc | San Francisco, United States | ||
DAS storage devices are supplied for enterprise and client applications. | 1979 | seagate.com | Scotts Valley, United States |
Investor details for Terradepth
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Terradepth
15 people are tracked at Terradepth (8 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Joe Wolfel | Co-Founder & CEO | Leadership |
Judson Kauffman | Co-Founder | Leadership |
Kris Rydberg | COO | Leadership |
Andrew Lunstad | Chief Technology Officer | Leadership |
Steve DeLory | VP of Engineering | Leadership |
Steve Giannaris | Sr. Director Of Operations | Leadership |
Siri De Lange | VP of Product & Marketing | Leadership |
Gregory Toto | Chief Product Officer | Leadership |
Adam Smith | Research and Development Production Manager | Team |
Nikhil Jain | Software Engineer | Team |
Andrew Burcham | SVP of Business Development, Government & Defense | Team |
Marc Johnson | Principal Engineer | Team |
Andy Brown | Business Development Consultant | Team |
Robert Allen Jr | Frontend Developer | Team |
Roberto Nanclares | Sr Devops Engineer | Team |
Complete people profiles for Terradepth
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Terradepth
3 dated milestones of Terradepth across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Terradepth is founded.
- Funding First funding round of $8.0M.
- Funding Latest funding round, Grant, of $100K.
Competitors of Terradepth
Terradepth has 3 listed competitors in our database, 2 of them funded. They include Saildrone, Nauticus Robotics and Liquid Robotics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| saildrone.com | 2012 | Alameda, United States | $234M | Developer of autonomous unmanned surface vehicle | ||
| nauticusrobotics.com | 2014 | Webster, United States | 93 | Developer of underwater robotics and AI-powered control software | ||
| liquid-robotics.com | 2007 | Sunnyvale, United States | $82.42M | Unmanned surface vehicles are developed using wave energy propulsion. |
Detailed competitors of Terradepth
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- Competitive positioning
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Web traffic of Terradepth
The website of Terradepth (terradepth.com) receives about 3.9K visits a month.
- Monthly visits3.9K
▼ 2% vs previous month
Top companies in Maritime Technology & Training
3 companies that operate in the same segment as Terradepth (Maritime Technology & Training) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | 9,670 | ||
Autonomous surface vessels are developed for naval and maritime applications. | 2022 | Austin, Texas, United States | USD 2.58 B | 1,362 | ||
Cloud-based ocean sensors and exploration tools are manufactured for monitoring. | 2012 | San Francisco, California, United States | USD 74.9 M |
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Related news about Terradepth
Complete news archive for Terradepth
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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 CEO of Terradepth, as recorded in our data. They have also founded this company.
Terradepth is a funded company, having raised a total of $28M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Dec 2019.
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 Saildrone, Liquid Robotics and Nauticus Robotics.
Terradepth offers ODaaS, Absolute Ocean, and Autonomous Survey Services.
Terradepth has 4 investors. Key investors include Seagate, Capital Innovators, Giant Ventures, and Nimble.
Terradepth operates through Terradepth, Inc..