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How Tervene CEO Lucas Greiner grew Tervene 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.

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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 by year$0$2M$3M$5M$6M$8M201520172019202120232024$0$2M$2M$7MSource: GetLatka.com
YearMilestoneQuote
2024Tervene Hit $6.7m revenue in November 2024Source
2024Tervene Hit $3.1m revenue in October 2024
2023Tervene Hit $2.4m revenue in December 2023
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$4M$8M$12M$16M$20M20152016201720182015 cumulative: $0 • 2015 Founded: $02018 cumulative: $2M • 2015 Founded: $0 • 2018 Series A: $2M @ $19M valuation$2M2015 Founded: $0 valuation2018 Series A: $19M valuation$19MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2018Series A$2M$19M10%

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
YearMilestone
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)

Founder / CEO

Lucas Greiner

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

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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.

How many employees does Tervene have?

Tervene has 33 employees.

Where is Tervene headquarters?

Tervene is headquartered in Montréal, Quebec, Canada.

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Compare Tervene to the industry

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

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Data Disclaimer

All figures on this page are GetLatka estimates from public sources and proprietary models. They are not verified by the company.

Not financial advice. Read full disclaimer.

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