Ternary was founded by Joshua Kwan, Sasha Kipervarg.

Who are Ternary's investors?

Ternary's investors include Great Oaks Venture Capital, Neva Sgr., Oceans Ventures, Fin Capital, Gaingels, Jump Capital, RiverPark Ventures.

How much funding has Ternary raised?

Ternary has disclosed $12M raised across 1 of its 2 known rounds.

Where is Ternary headquartered?

Ternary is headquartered in San Mateo, US.

Ternary

San Mateo, US · 7 known investors

Find your way into Ternary

456 people in our graph share verified history with the Ternary team — schools, employers, funds. One of them is your warm intro.

Javier Solterounlockedknows Joshua Kwan · together at VMware (overlapped)

×4knows the team · via VMware

×2knows the team · via The Harker School

×5knows the team · via University of California, Berkeley

Ternary provides finance-owned data infrastructure that consolidates AI, SaaS, cloud, and on-premise technology spend into a single ledger mapped to GL codes and ERP systems, with attribution and ROI tracking. It is aimed at CFOs, FP&A leaders, and FinOps analysts at mid-market and enterprise organizations to govern the technology P&L.

Enterprise Software Fintech SaaS

Founders & leadership

Joshua Kwan inCo-Founder and CTOJoshua Kwan has spent 15 years working with Linux infrastructure and open-source systems, with experience writing production software and operating compute infrastructure at various scales. He is founder of Ternary, which provides finance-owned data infrastructure for technology spend management and ERP integration.

Sasha KipervarginCo-Founder & CEO

Investors · 7

Great Oaks Venture CapitalNew York · $50K – $500K

Neva Sgr.Turin

Oceans VenturesNew York · $1.3M

Fin CapitalreportedSan Francisco · $250K – $15M

GaingelsreportedNew York · $200K – $500K

Jump CapitalreportedChicago

RiverPark VenturesreportedNew York · $500K – $1M

Funding

SEC filings, press & company announcements

$12M disclosed across 1 of 2 rounds · 2022–2023

$12MSeries AOct 2023 · 3 sources
Jump Capital (lead), Fin Capital, Gaingels, Great Oaks Venture Capital, RiverPark Ventures
Source ↗
Undisclosed amountSeedFeb 2022
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Ternary Therapeutics Raises $4.7M | SignalBasetrysignalbase.com · Mar 2026

Ternary Therapeutics targets “undruggable” proteins with AI-designed molecular glues, raising €4.1 million | EU-Startupseu-startups.com · Mar 2026

Ternary, a cloud spend management startup, raises $12M | TechCrunchtechcrunch.com · Oct 2023

Ternary Raises $12M in Series A Funding to Deliver Cloud Financial Intelligencebusinesswire.com · Oct 2023

Ternary Raises $12M in Series A Fundingfinsmes.com · Oct 2023

Ternary Raises $6.72M in Seed Fundingfinsmes.com · Feb 2022

Frequently asked questions

What does Ternary do?: Ternary provides finance-owned data infrastructure that consolidates AI, SaaS, cloud, and on-premise technology spend into a single ledger mapped to GL codes and ERP systems, with attribution and ROI tracking. It is aimed at CFOs, FP&A leaders, and FinOps analysts at mid-market and enterprise organizations to govern the technology P&L.
Who founded Ternary?: Ternary was founded by Joshua Kwan, Sasha Kipervarg.
Who are Ternary's investors?: Ternary's investors include Great Oaks Venture Capital, Neva Sgr., Oceans Ventures, Fin Capital, Gaingels, Jump Capital, RiverPark Ventures.
How much funding has Ternary raised?: Ternary has disclosed $12M raised across 1 of its 2 known rounds.
Where is Ternary headquartered?: Ternary is headquartered in San Mateo, US.