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Valuation

$19M

2024 Revenue

$6.7M

Customers

350K

Funding

$2M

Avg ACV

$19

Team

33

Founded

2015

Tervene Revenue, Valuation & Funding (2024)

Tervene enables operational excellence through management practice digitalization combined with professional coaching.

Combining 6 management tools in one solution, Tervene supports knowledge management, process validation, operation control, communication & problem-solving on the factory floor.

We serve factories across North America and Europe, including manufacturing leaders such as Bombardier, Safran, Siemens & ArcelorMittal. Using Tervene, those manufacturers digitalized their management system to promote efficient management behavior through best practices adherence.

Last updated

Tervene Revenue

In 2024, Tervene's revenue reached $6.7M. The company previously reported $3.1M in 2024. Since its launch in 2015, Tervene has shown consistent revenue growth.

Tervene Revenue GrowthReported revenue / ARR over time$0$1.5M$3M$4.5M$6M$7.5M201520172019202120232024$0$1.8M$2.4M$6.7MSource: GetLatka.com
YearMilestoneSource
2024Tervene Hit $6.7m revenue in November 2024zoominfo.com
2024Tervene Hit $3.1m revenue in October 2024Estimated
2023Tervene Hit $2.4m revenue in December 2023Estimated
2021Tervene Hit $1.8m revenue in April 2021
2015Launched with $0 revenue

Tervene Valuation, Funding Rounds

Tervene reached a $19M valuation in 2018, set during its Series A round.

Tervene has raised $2M in total funding across 1 round, most recently a $2M Series A round in 2018.

Tervene Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$4M$500K$8M$1M$12M$1.5M$16M$2M$20M$2.5M2015201620172018$19MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2018Series A$2M$19M10%

Founder / CEO

Lucas Greiner

CEO

Lucas Grenier is the Co-Founder & Chief Executive Officer at Tervene based in Montreal, Quebec. Previously, Lucas was the Project Manager at Lean-Tactik.

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Customers

Tervene serves 350K customers.

Tervene Employees & Team Size

Tervene employs approximately 33 people as of 2026, down from 35 in 2023, including 2 sales reps that carry a quota. It serves 350K customers that rely on its solutions.

Tervene Team GrowthReported headcount over time0815233038201520172019202120232024003333Source: GetLatka.com
YearMilestoneSource
2024Reached 33 employees (October 2024)
2023Reached 35 employees (December 2023)
2022Reached 29 employees (December 2022)
2021Reached 32 employees (December 2021)
2021Reached 22 employees (April 2021)

Frequently Asked Questions about Tervene

What is Tervene's revenue?

Tervene generates $6.7M in revenue.

Who founded Tervene?

Tervene was founded by Lucas Greiner.

Who is the CEO of Tervene?

The CEO of Tervene is Lucas Greiner.

How much funding does Tervene have?

Tervene raised $2M across 1 round.

How many employees does Tervene have?

Tervene has 33 employees.

Where is Tervene headquarters?

Tervene is headquartered in Montréal, Quebec, Canada.

Compare Tervene to the industry

Tervene operates across multiple industries. Browse revenue, funding, and growth data for Tervene in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Tervene Revenue 2024: $6.7M ARR, $19M Valuation