Terves Overview

  • Founded
  • 2013

Founded
  • Status
  • Private

  • Employees
  • 54

Employees
  • Latest Deal Type
  • Debt

  • (Announced)
  • Latest Deal Amount
  • $5.6M

  • Investors
  • 4

Terves General Information

Description

Manufacturer and developer of engineered response materials created for the oil and gas industry. The company's engineered response materials respond to their environment to "do something specific", such as dissolve, change dimensions, generate force or heat, destroy chemicals or bacteria, and/or other specific actions based on changes in time, temperature, pressure and/or other triggering agents, enabling the oil and gas industries to address the most critical challenges in production and completion.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Materials
Primary Office
  • 24112 Rockwell Drive
  • Euclid, OH 44117
  • United States
+1 (216) 000-0000

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Terves Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Debt - General $5.6M 000.00 Announced Generating Revenue
5. Debt - PPP 29-Apr-2020 000 Completed Startup
4. Seed Round 28-Jun-2017 000 000 Completed Startup
3. Accelerator/Incubator Completed Startup
2. Grant 01-Jan-2015 $150K Completed Startup
1. Grant 01-Jan-2014 $327K Completed Startup
To view Terves’s complete valuation and funding history, request access »

Terves Patents

Terves Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210047895-A1 Temporary well isolation device Pending 14-Aug-2019 0000000000
US-20200354818-A1 High strength microalloyed magnesium alloy Pending 10-May-2019 000000000
US-20200123873-A1 Degradable deformable diverters and seals Pending 18-Oct-2018 000000000
CA-3041880-A1 Degradable high-strength zinc compositions and method of manufacture Pending 10-May-2018 000000000
CA-3039574-A1 Degradable high-strength zinc compositions and method of manufacture Pending 10-May-2018 C22C18/04
To view Terves’s complete patent history, request access »

Terves Executive Team (5)

Name Title Board Seat Contact Info
Brian Doud Co-Founder & Chief Operating Officer
Andrew Sherman Co-Founder, President, Board Member & Chief Technology Officer
Daniel Sherman Board Member & Class A-1 Manager
Robert Slowey Board Member & Class A-1 Manager
You’re viewing 4 of 5 executive team members. Get the full list »

Terves Board Members (4)

Name Representing Role Since
Andrew Sherman Terves Co-Founder, President, Board Member & Chief Technology Officer 000 0000
Daniel Sherman Terves Board Member & Class A-1 Manager 000 0000
Robert Slowey Terves Board Member & Class A-1 Manager 000 0000
You’re viewing 3 of 4 board members. Get the full list »

Terves Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Terves Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
U.S. Department of Energy Government 000 0000 000000 0
National Aeronautics and Space Administration Government 000 0000 000000 0
Innovation Fund of Northeast Ohio Accelerator/Incubator 000 0000 000000 0
Magnet Innovation Center Accelerator/Incubator Minority 000 0000 000000 0
To view Terves’s complete investors history, request access »