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TERN

Dover, US · Founded 2022 · 5 employees on LinkedIn · 3 known investors

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Tern provides commerce technology for managing product returns and reverse logistics for both consumers and merchants. The platform aims to improve the returns experience while reducing environmental waste.

AI & Machine LearningCircular EconomyE-commerceLogistics & Supply ChainRetail Tech

Founders & leadership

TERN was founded in 2022 by Skye Spear, Katelyn Williams, David Shull, and Brian Reath.

SSSkye Spear
Skye SpearCo-founder and CEOPreviously, she spent seven years at Signifyd in global sales and partnerships roles, joining as an early employee and reaching senior leadership as the company grew to a $1B+ valuation, and earlier worked as an engineer before moving into go-to-market positions.
KW
Katelyn WilliamsTreasurer, Director, Founder
DSDavid Shull
David ShullCEO, Director, FounderDavid Shull is co-founder and CEO of Tern Travel, a platform connecting travel advisors, travelers, and travel companies. He was an early employee at Handshake.
BRBrian Reath
Brian ReathFounderBrian Reath is a software engineer with over a decade of web development experience, including expertise in Ruby on Rails and full-stack application development. He has held roles spanning customer success, support, sales, engineering, and product at various stages of his career.
NK
Nick KimNamed on SEC filing

Investors · 3

Notion Capitallisted by Notion CapitalLondon · $1M – $100M

How we know: Notion Capital's portfolio page · funding news · open dataset · 5k.vc investor directory · Not right? Tell us

Resolute Ventureslisted by Resolute VenturesSan Francisco · $1M

How we know: Resolute Ventures's portfolio page · the VCSheet dataset · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$3.8M disclosed across 1 round · 2023

▶$3.8MraisedMar 2023 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Katelyn WilliamsExecutive Officer, Director, Promoter
  • Brian ReathExecutive Officer, Director, Promoter
  • Nick KimDirector
  • David ShullExecutive Officer, Director, Promoter
Offering amount
$4M
Amount sold
$3.8M
First sale
Mar 2023
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through TERN went on to found or lead other companies.

Brian ReathFounderFounded TernDavid ShullCEO, Director, FounderFounded Handshake

Frequently asked questions

What does TERN do?
Tern provides commerce technology for managing product returns and reverse logistics for both consumers and merchants. The platform aims to improve the returns experience while reducing environmental waste.
Who founded TERN?
TERN was founded by Skye Spear, Katelyn Williams, David Shull, Brian Reath in 2022.
Who are TERN's investors?
TERN's investors include Cyber Mentor Fund, Notion Capital, Resolute Ventures.
How much funding has TERN raised?
TERN has disclosed $3.8M raised across 1 round.
Where is TERN headquartered?
TERN is headquartered in Dover, US.