When was TeraWulf founded?

TeraWulf was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is TeraWulf located?

TeraWulf is headquartered in Easton, United States.

How many employees does TeraWulf have?

As of Aug 31, 2026, the latest employee count at TeraWulf is 74.

Is TeraWulf a funded company?

TeraWulf is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Dec 02, 2021.

When was the latest funding round of TeraWulf?

TeraWulf's latest funding was a $***** Post IPO round on Oct 10, 2022, with participation from 0 investor.

What is the annual revenue of TeraWulf?

Annual revenue of TeraWulf is between $100M and $500M as on Dec 31, 2025

Where does TeraWulf rank among its competitors?

TeraWulf ranks 2nd amongst 57 active competitors, of which 8 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Argo Blockchain, which secured $40M in Mar, 2025.

Who are the top competitors of TeraWulf?

TeraWulf's top competitors include Argo Blockchain, PrimeBlock and Mawson Infrastructure Group. Among them, Argo Blockchain secured the most recent funding round in March, 2025.

TeraWulf - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Online sustainable mining platform for cryptocurrency. It offers solutions for green-energy crypto mining. It allows nuclear-powered crypto mines, hydro-powered crypto mines, solar-powered crypto mines, and more. It also supports renewable generation.

Website: www.terawulf.com/
Social
Email ID: *****@terawulf.com
Phone Number: +1 **********

Key Metrics

Founded Year

2021

Location

Easton, United States

Stage

Acquired

Latest Funding Round

Post IPO, Oct 10, 2022, $*****

Investors

Gwyneth Paltrow & 10 more

Ranked

2^nd among 57 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2025

Employee Count

74 as on Aug 31, 2026

Investment & Acquisitions

Beowulfed & 1 more

Similar Companies

Argo Blockchain & 66 more

Exit Details

Acquired by Talen Energy (Oct 10, 2024)

View TeraWulf's full profile

TeraWulf is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Terawulf Inc. CIN: 1083301 , United States, Active		$100M - $500M (As on Dec 31, 2025)	5 (As on Dec 31, 2021)	-

TeraWulf got acquired by Talen Energy on Oct 10, 2024.

Click here to take a look at TeraWulf's acquisition in detail

TeraWulf has raised funding over 2 rounds. Its first funding round was on Dec 02, 2021. TeraWulf has 1 institutional investor and 10 angel investors.

Here is the list of recent funding rounds of TeraWulf:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 10, 2022	3120437	Post IPO	8050166	6510504	8214834	1512090
Dec 02, 2021	2309052	Post IPO	4135991	7322133	7853739	Gwyneth Paltrow & 9 more

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View details of TeraWulf's funding rounds and investors

The founders of TeraWulf is Paul B Prager.

Here are the details of TeraWulf's key team members:

Paul B Prager: of TeraWulf. They are also an angel investor in 1 startup.

View details of TeraWulf's Founder profiles and Board Members

TeraWulf's employee count trend

TeraWulf has 74 employees as of Aug 26. Here is TeraWulf's employee count trend over the years:

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Top competitors of TeraWulf include Argo Blockchain, PrimeBlock and Mawson Infrastructure Group. Here is the list of Top 10 competitors of TeraWulf, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Argo Blockchain 2017, London (United Kingdom), Public	Sustainable mining and blockchain development solutions for Bitcoin	-	Galaxy, NYDIG & 1 others	62/100
2nd	TeraWulf 2021, Easton (United States), Acquired	Online sustainable mining platform for cryptocurrency	-	Shake and Bake Productions & 10 others	56/100
3rd	PrimeBlock 2019, San Francisco (United States), Unfunded	Provider of digital asset and infrastructure solutions for the mining industry	-	-	54/100
4th	Mawson Infrastructure Group 2019, Sydney (Australia), Public	Operator of digital infrastructure for AI/HPC, digital assets, and Bitcoin	-	SpringCapital Investment, Mitchell Group & 1 others	48/100
5th	Sustainable Bitcoin Standard 2021, United States, Funding Raised	Companies doing crypto mining using sustainable sources of energy	-	New Layer Capital, Stacks Accelerator	42/100
6th	Arkon Energy 2014, Sydney (Australia), Series B	Digital infrastructure company	$167M	Blue Sky Capital Strategies, Sandton Capital Partners ... & 5 others	42/100
7th	Cowa AI 2020, London (United Kingdom), Unfunded	Sustainable mining solutions for Bitcoin	-	-	42/100
8th	Stronghold Digital Mining 2021, Pittsburgh (United States), Acquired	Crypto mining solutions using renewable sources of energy	$105M	Centrecourt Asset Management, MG Capital Group	41/100
9th	Gridless 2022, Nairobi (Kenya), Seed	Platform offering Bitcoin mining solutions	$2M	Factor[e] Ventures, Block & 1 others	35/100
10th	Bitech 2021, Costa Mesa (United States), Unfunded	Platform providing green energy solutions for crypto mining	-	-	32/100