TerraTech

Irvine, United States Founded: 2010 • Age: 16 yrs Listed
Agri-business conglomerate with hydroponic and cannabis subsidiaries operated.

About TerraTech

TerraTech is a publicly listed company based in Irvine (United States) founded in 2010. Agri-business conglomerate with hydroponic and cannabis subsidiaries operated. TerraTech has raised $1.74 million across 7 funding rounds. The company has 170 employees. TerraTech has completed 2 acquisitions, including Gro-Rite and Silverstreak. Its focus areas include Food and Agriculture Tech, Crop Tech, Indoor Farming and Hydroponics. Its legal entity is TERRA TECH CORP. Its competitors include iAnthus, Vireo Health and Planet 13 Holdings; 1 of its 3 listed competitors has raised funding.

Company details

TerraTech was founded in 2010 as an agri-business conglomerate headquartered in Irvine, United States. Operations are managed through wholly owned subsidiaries, including GrowOp Technology for hydroponic equipment and software in indoor agriculture, Edible Garden for sustainably grown hydroponic produce distributed to major retailers, and MediFarm LLC alongside IVXX LLC for medical cannabis cultivation and extracted products in Nevada and California markets.

  • Headquarters Irvine, United States
  • Employees 170
  • Stage Public
  • Sectors
    Agriculture
  • Website terratechcorp.com
  • Social X Facebook
  • Legal Name Terra Tech Corp.
Operational Areas
Key Metrics
  • Total Equity Funding
    $1.74M (USD)

    in 7 rounds

  • Latest Funding Round
    $3.5M (USD), Post-IPO

    Feb 2021

  • Employee Count
    170
  • Investments & Acquisitions
    Gro-Rite

    & 1 more

Funding Insights of TerraTech

TerraTech has successfully raised a total of $1.74M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $3.5 million completed in February 2021. 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 $1.74M
  • Total Rounds 7
  • Last Round Post-IPO β€” $3.5M
  • First Round $1.1M

    (Mar 2013)

All 7 funding rounds of TerraTech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2021$3.5MPost-IPO––
–
Mar 2018$40MPost-IPO––
–
Jun 2015$2.06MPost-IPO––
–
Jul 2014$3.53MPost-IPO––
–
Jan 2014$636,500Seed––
–
Apr 2013$1.08MDebt – Conventional––
–
Mar 2013$1.1MSeed––
–

People of TerraTech

15 people are tracked at TerraTech (10 in leadership, 3 in board & advisors, 2 in team); the tracked headcount is 170.

NameRoleGroup
Frank Knuettel II
CEO, President & DirectorLeadership
Patty Chan
Chief Financial OfficerLeadership
Robert Baca
Chief Legal OfficerLeadership
David Stogner
Director Of PeopleLeadership
Jim Miller
COOLeadership
Justine Magana
Director Of Retail OperationsLeadership
Tracy McCourt
Chief Revenue Officer (cro)Leadership
Danielle Sebastian
Director Of MarketingLeadership
Blake Powers
VPLeadership
Linsey Barnes
Director Of Purchasing And Brand RelationsLeadership
Tiffany Davis
DirectorBoard & advisors
Ira E. Ritter
DirectorBoard & advisors
Eric Baum
ChairmanBoard & advisors
Eric Hoffman
Payroll SpecialistTeam
Dave Scanlan
Account ManagerTeam
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Investments & Acquisitions by TerraTech

TerraTech has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Gro-Rite and Silverstreak.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cannabis medical and recreational products are sold via online pharmacy.
silverstreaksolution.comSacramento, United States2016Jun 2021β€’β€’β€’β€’
Consumer goods are retailed by Gro-Rite across the United States.
grorite.comLincoln Park, United States1973May 2013β€’β€’β€’β€’
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Timeline of TerraTech

6 dated milestones of TerraTech across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded TerraTech is founded.
  2. Funding First funding round of $1.1M.
  3. Acquisition Acquires Gro-Rite.
  4. IPO Lists on the stock exchange (IPO).
  5. Funding Latest funding round, Post-IPO, of $3.5M.
  6. Acquisition Acquires Silverstreak.

Competitors of TerraTech

TerraTech has 3 listed competitors in our database, 1 of them funded. They include iAnthus, Vireo Health and Planet 13 Holdings.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ianthus.com2014New York, United States$175,00049
Cannabis products are cultivated and processed for medical use.
vireohealth.com2004Minneapolis, United States
Cannabis plants are cultivated in greenhouses for wellness product development.
planet13holdings.com2015Las Vegas, United States567
Cannabis products, extracts, and infused items are produced and retailed.
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Detailed competitors of TerraTech

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Web traffic of TerraTech

Websites that share an audience with TerraTech (terratechcorp.com).

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
hotstocked.com
hotstocked.com
100%
–
research.tradeking.com
research.tradeking.com
100%
–
growlifeinc.com
100%
1.6K#9,323,996View details
investorshub.advfn.com
investorshub.advfn.com
100%
–
invest.ameritrade.com
invest.ameritrade.com
100%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 7 similar websites and full traffic analytics for TerraTech

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  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Crop Tech & Equipment

3 companies that operate in the same segment as TerraTech (Crop Tech & Equipment) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of plant-based food ingredients
2012St. Louis, Missouri, United StatesUSD 406.99 MUSD 470 M
Robotic equipment for automating weeding on vegetable farms is developed.
2016San Francisco, California, United StatesUSD 139.96 M73
Provider of farmers networking platform
2014San Carlos, California, United StatesUSD 981.09 M808
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Related news about Terratech

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Frequently Asked Questions about TerraTech

TerraTech was founded in 2010 and raised its 1st funding round 3 years after it was founded.

TerraTech is headquartered in Irvine, United States. It is registered at Irvine, California, United States.

TerraTech is a funded company, having raised a total of $1.74M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1.1M, raised on Mar 2013.

TerraTech has 170 employees.

TerraTech was founded in 2010 as an agri-business conglomerate headquartered in Irvine, United States. Operations are managed through wholly owned subsidiaries, including GrowOp Technology for hydroponic equipment and software in indoor agriculture, Edible Garden for sustainably grown hydroponic produce distributed to major retailers, and MediFarm LLC alongside IVXX LLC for medical cannabis cultivation and extracted products in Nevada and California markets.

TerraTech's top competitors include iAnthus, Vireo Health and Planet 13 Holdings.

TerraTech has made 2 acquisitions, including Gro-Rite, and Silverstreak.

TerraTech operates through Terra Tech Corp..

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