When was Tern founded?

Tern was founded in 2012 and raised its 1st funding round 10 years after it was founded.

Where is Tern located?

Tern is headquartered in Palo Alto, United States.

How many employees does Tern have?

As of Sep 30, 2026, the latest employee count at Tern is 4.

Is Tern a funded company?

Tern is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Mar 23, 2022.

When was the latest funding round of Tern?

Tern's latest funding was a $***** Seed round on Mar 23, 2022, with participation from 6 investors.

Where does Tern rank among its competitors?

Tern ranks 28th amongst 188 active competitors, of which 48 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was eComID, which secured $17M in Aug, 2026.

Who are the top competitors of Tern?

Tern's top competitors include Digimarc, Happy Returns and Supercircle. Among them, eComID secured the most recent funding round in August, 2026.

Tern - 2026 Company Profile, Funding & Competitors

Tern is a seed company based in Palo Alto (United States), founded in 2012. It operates as an Offers an app providing returns management services. Tern has raised $5M in funding from Resolute Ventures. The company has 188 active competitors, including 48 funded and 24 that have exited. Its top competitors include companies like Digimarc, Happy Returns and Supercircle.

Company Details

Offers an app providing returns management services. The app helps in managing e-commerce returns processes. Users can schedule a pick-up for the item, and get refunds for their returns. The app is available on the Android & iOS platforms.

Key Metrics

Founded Year

2012

Location

Palo Alto, United States

Stage

Seed

Total Funding

$5M in 1 round

Latest Funding Round

Seed, Mar 23, 2022, $*****

Investors

Resolute Ventures & 5 more

Ranked

28^th among 188 active competitors

Employee Count

4 as on Sep 30, 2026

Similar Companies

Digimarc & 222 more

View Tern's full profile

Tern has raised a total funding of $5M over 1 round. Its latest funding round was a Seed round on Mar 23, 2022 for $*****. 6 investors participated in its latest round. Tern has 5 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Tern:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 23, 2022	4468739	Seed	3271481	1181920	9090291	5885406

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View details of Tern's funding rounds and investors

Tern's employee count trend

Tern has 4 employees as of Sep 26. Here is Tern's employee count trend over the years:

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Top competitors of Tern include Digimarc, Happy Returns and Supercircle. Here is the list of Top 10 competitors of Tern, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Digimarc 1994, Portland (United States), Public	Provider of anti-counterfeiting solution for brands and retailers	$60M	Herald Investment Management, Philips & 7 others	66/100
2nd	Happy Returns 2015, Los Angeles (United States), Acquired	E-commerce returns and reverse logistics solution for merchants	$24.9M	Upfront Ventures, PayPal & 6 others	64/100
3rd	Supercircle 2018, New York City (United States), Series A	Provider of reverse logistics software solutions for fashion brands	$46.3M	Ulu Ventures, Foundry & 10 others	61/100
4th	Returnly 2012, San Francisco (United States), Acquired	Provider of software for managing online retail product return processes	$30.2M	Mundi Ventures, Craft Ventures & 14 others	61/100
5th	Reveni 2022, Madrid (Spain), Series A	Provider of platform for managing e-commerce sales, returns, and logistics	$20.3M	JME Venture Capital, 13books Capital & 7 others	60/100
6th	Swap.com 2008, Woodridge (United States), Acquired	Affordable liquidation apparel and shoe store online for the whole family	$49.6M	eEquity, EIC Fund & 5 others	56/100
7th	Loop Returns 2017, Columbus (United States), Series B	Provider of platform for managing returns, tracking, claims, and fraud prevention	$176M	FirstMark, CRV & 14 others	55/100
8th	Two Boxes 2022, Remote (United States), Series A	Provider of return management software solutons for e-commerce businesses	$13M	Peterson Ventures, Assembly Ventures & 9 others	55/100
9th	Continuum 2023, Chicago (United States), Series A	Provider of B2B automated returns software for wholesale organizations	$13M	Cowboy Ventures, M25 & 2 others	54/100
10th	eComID 2023, Stockholm (Sweden), Seed	Platform offering returns management solutions for e-commerce businesses	$20M	Systemiq Capital, H&M Group Ventures & 4 others	54/100
28th	Tern 2012, Palo Alto (United States), Seed	Offers an app providing returns management services	$5M	Tekton Ventures, Cyber Mentor Fund & 4 others	40/100