Terves Overview
- Founded
-
2013
- Status
-
Private
- Employees
-
54
- 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
Website
www.tervesinc.com
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
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 |
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 |
Terves Executive Team (5)
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 |
Terves Signals
Growth Rate
0.80%
Weekly
Growth
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
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 |