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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
Social
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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
Ranked
Employee Count
14 as on Feb 28, 2026
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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:lockFilter this list
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
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Teraki's founders and board of directors

Founder? Claim Profile
The founders of Teraki are Daniel Richart and Markus Kopf.
Here are the details of Teraki's key team members:

Teraki's employee count trend

Teraki has 14 employees as of Feb 26. Here is Teraki's employee count trend over the years:
Employee count trend for Teraki
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hailo
Hailo
2017, Tel Aviv (Israel), Series C
Provider of neural learning processors for edge AI applications
$340M
65/100
2nd
Logo for Webfleet
Webfleet
1991, Amsterdam (Netherlands), Unfunded
Provider of cloud-based fleet management software
-
-
62/100
3rd
Logo for Coya
Coya
2016, Berlin (Germany), Acquired
Online platform that provides usage-based insurances
$40M
50/100
4th
Logo for Teraki
Teraki
2014, Berlin (Germany), Series A
Provides AI-enabled edge processing platform for automotive industry
$16.3M
49/100
5th
Logo for Joonko
Joonko
2019, Berlin (Germany), Seed
Internet first auto insurer
$11.1M
42/100
6th
Logo for EMIL
EMIL
2017, Berlin (Germany), Funding Raised
Provider of usage-based auto insurance
-
35/100
7th
Logo for SEMRON
SEMRON
2019, Dresden (Germany), Seed
Developer of in-memory computing-based AI chip
$8.1M
34/100
8th
Logo for Neodigital Autoversicherung
Neodigital Autoversicherung
2020, Sankt Ingbert (Germany), Acquired
Provider of digital auto insurance
-
-
31/100
9th
Developer of automotive and industrial IoT solutions
-
-
31/100
10th
Logo for Omoove
Omoove
2001, Rome (Italy), Unfunded
Telematics solutions for auto insurers
-
-
30/100
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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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FAQs about Teraki

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