Fundz

Tern Ai reported raising $11.7 Million in an initial SEC Form D filing, from an offering of $11.7 Million

PRIVATEMay 26, 2026Late filing, first sale May 6, 2024

Amount Raised

$11.7 Million

$11.7 Million sold, per SEC Form D (first sale May 6, 2024)

Round Type

Venture

AustinArtificial IntelligenceSatellite CommunicationNavigation

Investors

Haystack VCUpfront VenturesViewpoint Ventures

Quick answer

Tern AI raised $11.7 Million in a funding round, dated May 6, 2024. Investors: Haystack VC, Upfront Ventures and Viewpoint Ventures. Tern AI is based in Austin, Texas, United States.

How much did Tern AI raise?
Tern AI raised $11.7 Million in a funding round on May 6, 2024.
Who invested in Tern AI?
Haystack VC, Upfront Ventures and Viewpoint Ventures are named as investors in this round.
What does Tern AI do?
Tern AI is a startup focused on providing an alternative to GPS, aiming to reduce reliance on GPS by offering a low-cost navigation alternative.
Where is Tern AI based and how big is it?
Tern AI is based in Austin, Texas, United States.
Who are the decision-makers at Tern AI?
Fundz holds 2 contacts at Tern AI, including the CFO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Satellite Communication and Navigation around the same time

Companies in the same sectors as Tern AI that raised within 45 days of this round, from Fundz verified event records.

  • Iceye raised $93M (Funding Round) on April 17, 2024.
  • ConfidentialMind raised $1.6M (Pre-Seed) on June 20, 2024.
  • Unikon AI raised $2M (Seed) on June 20, 2024.
  • Zeek raised $3M (Seed) on June 20, 2024.
  • Wordsmith raised $5M (Seed) on June 20, 2024.
  • Humata Health raised $25M on June 20, 2024.

Who to call at Tern AI, and when

A new round usually means Tern AI is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Tern AI raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Tern AI, from your own LinkedIn network

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Company Information

Company

Tern AI

Location

Austin, Texas, United States

About

Tern AI is a startup focused on providing an alternative to GPS, aiming to reduce reliance on GPS by offering a low-cost navigation alternative. The company's technology, Independently Derived Positioning System (IDPS), uses AI to parse through sensor data from vehicles and smartphones to provide a consistent and precise position without relying on satellite signals.

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Fundz sees it the moment Tern AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsKris B., CFOSee plans and pricing
Predictive Intelligence
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ML-powered predictions for Tern AI's next move

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Tern AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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