TernPro, Inc.

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TernPro, Inc. - overview

Established

2014

Location

Seattle, WA, US

Primary Industry

Software

About

TernPro, Inc. is an innovative technology company focused on developing advanced software solutions for various business applications, optimizing operational efficiency and enhancing data management. Founded in 2014 in Seattle, US, TernPro, Inc. specializes in software development aimed at improving business operations.


The company has engaged in four notable deals, with the most recent occurring on January 15, 2019. TernPro, Inc. was acquired by Smartsheet Inc. , although specific financial terms were not disclosed.


The company was not mentioned to have any subsidiaries or be a part of a parent organization. TernPro, Inc. offers a robust suite of software solutions that focus on improving operational workflows and data analytics for businesses. Their products aim to streamline processes and enhance productivity, catering to a diverse range of industries.


Through the innovative use of technology, TernPro provides tools that help organizations manage their data effectively and efficiently. TernPro, Inc. generates revenue primarily through software licensing and service contracts with various businesses. Their financial model is anchored in providing bespoke software solutions that meet the specific needs of their clients, ensuring a steady stream of income from both new and existing customers.


Looking ahead, TernPro, Inc. is strategizing to expand its product offerings by developing new data management tools expected to launch in late 2023. Additionally, the company plans to enter the European market by mid-2024, targeting regions with high demand for technology solutions. The recent Seed funding round of USD 1.


00 mn, led by Second Avenue Partners, will be utilized to support these growth initiatives and enhance product development.


Current Investors

Bizdom, Venture for America, M12

Primary Industry

Software

Sub Industries

Content Management Software

Website

www.ternpro.com

Verticals

AdTech

Company Stage

Add-on

Total Amount Raised

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