Terranova Worldwide Corporation

Terranova Worldwide Corporation is a Canadian company dedicated to providing innovative cybersecurity awareness training solutions that reduce human risk factors in organizations. Founded in 2001 and headquartered in Laval, Canada, Terranova Worldwide Corporation specializes in cybersecurity awareness training. The firm has undergone strategic developments to enhance its offerings. The company is led by CEO Lise Lapointe.

In February 2018, Terranova raised USD 5 million in a funding round from Fonds de solidarité FTQ Investissements, bringing the total amount raised to USD 5 million. The company has completed a single deal since inception. Terranova Worldwide Corporation offers customizable cybersecurity awareness training solutions aimed at reducing human risk factors associated with data breaches. Their services feature immersive training modules, phishing simulation training, and engaging gamified experiences.

Clients benefit from a user-friendly Learning Management System that integrates seamlessly into their existing systems, targeting organizations in North America and Europe. Terranova generates revenue through subscription-based models for its training solutions, including award-winning modules and phishing simulation tools. Clients typically engage in annual contracts, granting access to a comprehensive training catalog tailored to their organizational needs. The company's revenue model is primarily B2B, focusing on helping businesses secure their workforce against evolving cyber threats.

Terranova plans to leverage the recent USD 5 million funding raised in February 2018 to support the development of new training products aimed at enhancing cybersecurity awareness. The company is also exploring expansion into new markets across Europe and North America, with specific targets set for the next two years. These initiatives are designed to broaden their reach and enhance their training offerings in response to the increasing demand for cybersecurity solutions.