Terves
Euclid, US · Founded 2013 · Nevada LLC
Founders & leadership
Terves was founded in 2013 by Robert Slowey and Andrew Sherman.
RS
Robert SloweyClass A-1 Manager
AS
Andrew ShermanClass A-1 Manager, President and Treasurer
BD
Brian DoudSecretary
Board
BW
Ben WeberClass A-2 Manager
DS
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.
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.