T
Ternary
Solving the cloud budget challenge by building tools at the intersection of Finance and Engineering
About Ternary
Ternary is a pioneering startup that operates in the financial operations (FinOps) sector, specifically focusing on multi-cloud cost management. The company's primary service is to provide businesses with a comprehensive understanding of their cloud-based expenditures across various providers. This is achieved through a platform that visualizes, attributes, shares, and optimizes cloud spending, thereby facilitating better financial planning and decision-making.
Ternary's clientele primarily consists of large-scale enterprises operating in the cloud space. These businesses rely on Ternary's platform to manage their cloud costs, which can be a complex and time-consuming task. Ternary simplifies this process by offering industry-leading features that allow businesses to optimize rates, rightsize resources, and improve collaboration between finance, engineering, and FinOps teams.
The company's business model revolves around providing a subscription-based platform that offers AI-powered, human-tunable insights across cloud spending. This enables businesses to have a clear understanding of their cloud costs, including who spent what, when, and where. Ternary's platform also provides tools for forecasting and planning, which can help businesses maximize their profits.
Ternary has successfully managed $7B in cloud spending, demonstrating its capability and trustworthiness in the market. The company's platform is designed for infinite scale, making it a reliable choice for businesses of all sizes.
In summary, Ternary is a multi-cloud FinOps platform that helps businesses understand, manage, and optimize their cloud costs, thereby accelerating innovation and growth.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Oct 2023 | $12M | $48M | Great Oaks Venture Capital · RiverPark Ventures · Jump Capital · Gaingels | ↗ |
| SEED✓Equity / VC | Feb 2022 | $6.7M | $27M | Oceans Ventures · NEVA SGR · Fin Capital · Great Oaks Venture Capital | ↗ |
Growth signals
Latest recorded traffic for Ternary is 4.5K monthly website visits, down 71.9% over the last three months. Ternary's team declined 14.3% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Operator Partners
NEVA SGR
Fin Capital
Oceans Ventures
Great Oaks Venture Capital
RiverPark Ventures
Series A2 investors entered at this stage
Jump Capital
Gaingels
Other known investors1 additional known investor
Mana Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Ternary on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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