Ternary was founded by Joshua Kwan, Sasha Kipervarg.

Who are Ternary's investors?

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

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 · 8 known investors

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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 Co-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 KipervargCo-Founder & CEO

Investors · 8

Fin Capitallisted by Fin CapitalSan Francisco · $250K – $15M

How we know: Fin Capital's portfolio page · techcrunch.com · Not right? Tell us

Gaingelslisted by GaingelsNew York · $200K – $500K

How we know: techcrunch.com · gaingels.com · Not right? Tell us

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

How we know: Great Oaks Venture Capital's portfolio page · techcrunch.com · the VCSheet dataset · Not right? Tell us

Mana Ventureslisted by Mana VenturesEstero

Neva Sgr.listed by Neva Sgr.Turin

How we know: the VCSheet dataset · Not right? Tell us

Oceans Ventureslisted by Oceans VenturesNew York · $1.3M

How we know: the VCSheet dataset · Not right? Tell us

RiverPark Ventureslisted by RiverPark VenturesNew York · $500K – $1.5M

How we know: RiverPark Ventures's portfolio page · techcrunch.com · Not right? Tell us

Jump CapitalreportedChicago

How we know: techcrunch.com · Not right? Tell us

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

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

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 Fin Capital, Gaingels, Great Oaks Venture Capital, Mana Ventures, Neva Sgr., Oceans Ventures, RiverPark Ventures, Jump Capital.
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.