Valuation
$19M
2024 Revenue
$6.7M
Customers
350K
Funding
$2M
YOY
177.2%
Avg ACV
$19
Team
33
Founded
2015
How Tervene CEO Lucas Greiner grew to $6.7M revenue and 350K customers in 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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Tervene Hit $6.7m revenue in November 2024Source | |
| 2023 | Tervene Hit $2.4m revenue in December 2023 | |
| 2021 | Tervene Hit $1.8m revenue in April 2021 | |
| 2015 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2018 | Series A | $2M | $19M | 10% |
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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.
| Year | Milestone |
|---|---|
| 2024 | Reached 33 employees (October 2024) |
| 2023 | Reached 35 employees (December 2023) |
| 2022 | Reached 29 employees (December 2022) |
| 2021 | Reached 32 employees (December 2021) |
| 2021 | Reached 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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