TerraTech

Irvine, United States Founded: 2010 • Age: 16 yrs
Agri-business conglomerate with hydroponic and cannabis subsidiaries operated.
Annual revenue - Latest available
Total funding $1.7M 7 rounds
Employees 170 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About TerraTech

TerraTech is a company based in Irvine (United States) founded in 2010. TerraTech has raised $1.74 million across 7 funding rounds. The company has 170 employees as of December 31, 2022. TerraTech has completed 2 acquisitions, including Gro-Rite and Silverstreak. TerraTech operates in a competitive market with competitors including iAnthus, Vireo Health, Planet 13 Holdings, Gardenuity and Isodiol, among others.

  • Headquarter Irvine, United States
  • Employees 170 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Agriculture
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Terra Tech Corp.
Operational Areas
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.74 M (USD)

    in 7 rounds

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

    Feb 03, 2021

  • Investors
    Not available
  • Employee Count
    170

    as on Dec 31, 2022

  • Investments & Acquisitions
    Gro-Rite

    & 1 more

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People of TerraTech

Headcount 10-50
Employee Profiles 12
Board Members and Advisors 3
Employee Profiles
People
David Stogner
Director Of People
People
Jim Miller
COO
People
Justine Magana
Director Of Retail Operations
People
Eric Hoffman
Payroll Specialist

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Board Members and Advisors
people
Ira E. Ritter
Director

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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.

Investments & Acquisitions by TerraTech

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

Investments
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Investment portfolio details for TerraTech

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cannabis medical and recreational products are sold via online pharmacy.
Locked Locked 2016 Locked
Consumer goods are retailed by Gro-Rite across the United States.
Locked Locked 1973 Locked
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Complete acquisition details for TerraTech

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Financial Statements - TerraTech

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Detailed financials for TerraTech

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Terratech Comparisons

TerraTech Primary company
Description
Agri-business conglomerate with hydroponic and cannabis subs...
Location
Irvine, United States
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
170
As of 2022
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Peer comparison for TerraTech

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Competitors of TerraTech

TerraTech 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 iAnthus, Vireo Health, Planet 13 Holdings, Gardenuity and Isodiol, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cannabis products are cultivated and processed for medical use.
Locked Locked Locked
Cannabis plants are cultivated in greenhouses for wellness product development.
Locked Locked Locked
Cannabis products, extracts, and infused items are produced and retailed.
Locked Locked Locked
Grow kits and live plants are produced and marketed.
Locked Locked Locked
Cannabis products are manufactured and marketed by Isodiol International.
Locked Locked Locked
Medicinal cannabis products including CBD oils and topicals are developed.
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Detailed competitors of TerraTech

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Latest news on Terratech

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Complete news archive for 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.

As of Dec 31, 2022, the latest employee count at TerraTech is 170.

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, Green Roads and Vireo Health.

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

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