Teraki - About the company
Teraki is a series A company based in Berlin (Germany), founded in 2014 by Daniel Richart and Markus Kopf. It operates as a Provides AI-enabled edge processing platform for automotive industry. Teraki has raised $16.3M in funding from investors like Horizons Ventures, Paladin Capital and Hubraum. The company has 17 active competitors, including 4 funded and 3 that have exited. Its top competitors include companies like Hailo, Webfleet and Coya.
Company Details
Teraki provides an AI-enabled edge processing platform for the automotive industry. It offers embedded software that works as an enabler for current and future IoT/M2M applications. It claims that its solutions reduce the amount of data generated by sensors by up to a factor 10 without compromising its quality. The solution enables the applications to pre-process the sensor data for better decision making. It embeds on one side in the CPU & RAM-constrained chipsets of cars and integrates on the other side at a customer’s backend for the storage, labelling, training, and analysis of reconstructed or reduced data.
- Website
- teraki.com
- Email ID
- *****@teraki.com
Key Metrics
Founded Year
2014
Location
Berlin, Germany
Stage
Series A
Total Funding
$16.3M in 9 rounds
Latest Funding Round
Investors
Ranked
4th among 17 active competitors
Employee Count
14 as on Feb 28, 2026
Similar Companies
Legal entities associated with Teraki
Teraki is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Teraki Gmbh CIN: HRB167142 , Germany, Active | Mar 31, 2016 | - | 25 (As on Dec 31, 2023) |
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Teraki's funding and investors
Teraki has raised a total funding of $16.3M over 9 rounds. Its first funding round was on 2015. Its latest funding round was a Series A round on Jan 03, 2023 for $*****. 1 investor participated in its latest round. Teraki has 21 institutional investors.
Here is the list of recent funding rounds of Teraki:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 03, 2023 | 8808615 | Series A | 4558932 | 7238388 | 9755564 | 6830586 |
Dec 17, 2019 | 5794910 | Series A | 7160896 | 9627943 | 6209869 | |
Mar 27, 2019 | 7498102 | Seed | 2609833 | 4240032 | 9425511 |
View details of Teraki's funding rounds and investors
Teraki's founders and board of directors
Founder? Claim ProfileThe founders of Teraki are Daniel Richart and Markus Kopf.
Here are the details of Teraki's key team members:
- Daniel Richart: Co-Founder & CEO of Teraki. Contact Info: 1 email address
- Markus Kopf: Co-Founder & CTO of Teraki. Contact Info: 1 email address
View details of Teraki's Founder profiles and Board Members
Teraki's employee count trend
Teraki has 14 employees as of Feb 26. Here is Teraki's employee count trend over the years:
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Teraki's Competitors and alternates
Top competitors of Teraki include Hailo, Webfleet and Coya. Here is the list of Top 10 competitors of Teraki, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of neural learning processors for edge AI applications | $340M | 65/100 | ||
2nd | Webfleet 1991, Amsterdam (Netherlands), Unfunded | Provider of cloud-based fleet management software | - | - | 62/100 |
3rd | Online platform that provides usage-based insurances | $40M | 50/100 | ||
4th | Provides AI-enabled edge processing platform for automotive industry | $16.3M | 49/100 | ||
5th | Internet first auto insurer | $11.1M | 42/100 | ||
6th | Provider of usage-based auto insurance | - | 35/100 | ||
7th | Developer of in-memory computing-based AI chip | $8.1M | 34/100 | ||
8th | Neodigital Autoversicherung 2020, Sankt Ingbert (Germany), Acquired | Provider of digital auto insurance | - | - | 31/100 |
9th | Bosch Connected Devices and Solutions 2013, Reutlingen (Germany), Unfunded | Developer of automotive and industrial IoT solutions | - | - | 31/100 |
10th | Telematics solutions for auto insurers | - | - | 30/100 |
Looking for more details on Teraki's competitors? Click here to see the top ones
Teraki's Investments and acquisitions
Teraki has made no investments or acquisitions yet.
Reports related to Teraki
Here is the latest report on Teraki's sector:
News related to Teraki
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Teraki, DriveU.auto partner for teleoperated delivery robotsThe Robot Report•May 11, 2022•Teraki, DriveU.auto
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TERAKI and Foodora to bring autonomous deliveries to StockholmThe Robot Report•Mar 14, 2022•Teraki, Foodora
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The Fusion Project works to accelerate data management for connected and autonomous vehiclesTelematics News•Feb 03, 2021•Airbiquity, Cloudera, NXP Semiconductors, Teraki and 1 other
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Teraki Secures $11M in Series A FundingFinSMEs•Dec 17, 2019•Teraki, Horizons Ventures, State Auto Labs, Bright Success Capital and 6 others
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Teraki to develop software that collects sensor data from cars on Microsoft’s cloud platform Azurenewmobility.global•Jun 21, 2019•Teraki
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Here’s why this German software startup wants to collect data from autonomous vehiclesSilicon Canals•Apr 02, 2019•Teraki
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Integration of Airbiquity’s OTAmatic with Teraki’s pre-processing data analytics capabilitiesTelematics Wire•Jan 16, 2019•Airbiquity, Teraki
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