Terves
Euclid, US · Founded 2013 · Nevada LLC
Find your way into Terves
1 people in our graph share verified history with the Terves team — schools, employers, funds. One of them is your warm intro.
Founders & leadership
Terves was founded in 2013 by Robert Slowey and Andrew Sherman.
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Robert SloweyClass A-1 Manager
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Andrew ShermaninFounder/Chief Technical OfficerAndrew Sherman holds degrees in ceramic and chemical engineering from Ohio State University, with over 40 years of experience developing advanced materials and coatings across aerospace, oil and gas, and related industries. He co-founded multiple companies including Powdermet, Mesocoat, and Terves (established 2013), and holds more than 100 patents in ceramic composites, metal foams, magnesium alloys, and related materials technologies.
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Brian DoudinCOOformer
Board
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Ben WeberClass A-2 Manager
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Daniel ShermanClass A-1 Manager
Reported raises · per SEC filings
Form D private placements$5M disclosed across 1 round · 2017
▶$5MraisedJun 2017 · 1 investors · ManufacturingRule 506(b)
▶$5MraisedJun 2017 · 1 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Ben WeberDirector
- Robert SloweyDirector
- Andrew ShermanExecutive Officer, Director
- Daniel ShermanDirector
- Brian DoudExecutive Officer
- Offering amount
- $5M
- Amount sold
- $5M
- Sales commissions
- $250K
- First sale
- Jun 2017
- Incorporated
- Limited Liability Company, Nevada, 2013
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Non-dilutive funding · 19 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| Department of DefenseDefense Logistics Agency | Phase II | 2022 | $1.4M |
| U.S. Air ForceAir Force | Phase I | 2022 | $49.6K |
| Department of Energy | Phase II | 2021 | $1.1M |
| U.S. Air ForceAir Force | Phase ISTTR | 2021 | $149.7K |
| Department of DefenseDefense Logistics Agency | Phase I | 2021 | $100K |
| Department of Energy | Phase I | 2020 | $205.7K |
| Department of Energy | Phase I | 2020 | $200K |
| U.S. Air ForceAir Force | Phase I | 2020 | $49.1K |
| U.S. ArmyArmy | Phase II | 2019 | $1.1M |
| NASA | Phase IISTTR | 2019 | $747.8K |
| U.S. ArmyArmy | Phase I | 2018 | $154.6K |
| Missile Defense Agency | Phase ISTTR | 2018 | $100K |
| NASA | Phase ISTTR | 2017 | $118.2K |
| Department of Energy | Phase II | 2016 | $995.8K |
| Department of Energy | Phase I | 2015 | $149.9K |
| NASA | Phase ISTTR | 2015 | $125K |
| NASA | Phase I | 2014 | $125K |
| NASA | Phase I | 2014 | $122.3K |
| U.S. NavyNavy | Phase I | 2014 | $80K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
In the news
Frequently asked questions
- Who founded Terves?
- Terves was founded by Robert Slowey, Andrew Sherman in 2013.
- How much funding has Terves raised?
- Terves has disclosed $5M raised across 1 round.
- Where is Terves headquartered?
- Terves is headquartered in Euclid, US.