When was TerraTech founded?

TerraTech was founded in 2010 and raised its 1st funding round 3 years after it was founded.

Where is TerraTech located?

TerraTech is headquartered in Irvine, United States. It is registered at Irvine, California.

How many employees does TerraTech have?

As of Dec 31, 2022, TerraTech has 170 employees, reflecting a 49% year-over-year decline in headcount.

Is TerraTech a funded company?

TerraTech is a funded company, having raised a total of $1.74M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 21, 2013.

When was the latest funding round of TerraTech?

TerraTech's latest funding was a $***** Post IPO round on Feb 03, 2021, with participation from 0 investor. Its primary sector is Crop Tech. In United States, the Crop Tech sector has seen $75.7M in funding in 2026 to date.

Where does TerraTech rank among its competitors?

TerraTech ranks 5th amongst 117 active competitors, of which 11 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was iAnthus, which secured $492K in Jan, 2025.

Who are the top competitors of TerraTech?

TerraTech's top competitors include iAnthus, Planet 13 Holdings and Maricann. Among them, iAnthus secured the most recent funding round in January, 2025.

TerraTech - 2026 Company Profile, Team, Funding & Competitors

TerraTech is a public company based in Irvine (United States), founded in 2010 by Derek Peterson. It operates as a Provider of cannabis-focused agriculture solutions. TerraTech has raised $1.74M in funding. The company has 117 active competitors, including 11 funded and 16 that have exited. Its top competitors include companies like iAnthus, Planet 13 Holdings and Maricann.

Company Details

Provider of cannabis-focused agriculture solutions. It pioneers the future by integrating the natural world. It operates through multiple subsidiary businesses, including Blüm, Edible Garden, and IVXX Inc. Its primary focus is on cannabis cultivation, production, and retail.

Website: terratechcorp.com
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Registered Address: Irvine, California

Key Metrics

Founded Year

2010

Location

Irvine, United States

Stage

Public

Total Funding

$1.74M in 7 rounds

Latest Funding Round

Post IPO, Feb 03, 2021, $*****

Ranked

5^th among 117 active competitors

Employee Count

170 as on Dec 31, 2022

Investment & Acquisitions

Silverstreak & 1 more

Similar Companies

Canopy Growth & 243 more

Exit Details

Public

View TerraTech's full profile

TerraTech is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TERRA TECH CORP. CIN: 263062661 , Belgium, Active	Dec 26, 999	-	170 (As on Dec 31, 2022)	-

TerraTech got listed on Apr 26, 2012.

Click here to take a look at TerraTech's IPO in detail

TerraTech has raised a total funding of $1.74M over 7 rounds. Its first funding round was on Mar 21, 2013.

Here is the list of recent funding rounds of TerraTech:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 03, 2021	8237203	Post IPO	4397349	1853168	3385287	6536105
Mar 2018	8880744	Post IPO	5302070	6596972	7158567	7493656
Jun 10, 2015	9968411	Post IPO	4197870	2445195	1813521	3460091

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View details of TerraTech's funding rounds and investors

The founders of TerraTech is Derek Peterson.

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

Derek Peterson: Former Founder of TerraTech.

View details of TerraTech's Founder profiles and Board Members

TerraTech's employee count trend

TerraTech has 170 employees as of Dec 22. The total employee count is 49.0% lower than what it was in Dec 21. Here is TerraTech's employee count trend over the years:

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Top competitors of TerraTech include iAnthus, Planet 13 Holdings and Maricann. Here is the list of Top 10 competitors of TerraTech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	iAnthus 2014, New York City (United States), Public	Cultivator and processor of cannabis products	$175K	Senvest Capital, Gotham Green Partners	57/100
2nd	Planet 13 Holdings 2015, Las Vegas (United States), Public	Vertically integrated cannabis company offering a range of annabis products	$11.4M	Canaccord Genuity Group, Beacon Securities	55/100
3rd	Maricann 2013, Burlington (Canada), Acquired	Provider of curated lifestyle and medical cannabis products in various forms	$7.65M	-	52/100
4th	Noa Botanicals 2015, Honolulu (United States), Series A	Producer and supplier of cannabis products	$11.5M	-	50/100
5th	TerraTech 2010, Irvine (United States), Public	Provider of cannabis-focused agriculture solutions	$1.74M	-	42/100
6th	Green Roads 2012, Deerfield Beach (United States), Acquired	CBD & THC wellness products: gummies, oils, capsules, topicals, for sleep, stress	-	-	40/100
7th	Vireo Health 2004, Minneapolis (United States), Late Stage	Chains providing cannabis-based products through dispensaries and third-party retail locations	-	Cannabis Growth Opportunity Corporation, Merida Capital Partners ... Read more	38/100
8th	Halo 1987, Medford (United States), Public	Provider of propriety technology for cannabis extraction	-	Forbes & Manhattan, Rockshield Capital & 1 others	37/100
9th	NorCal Cannabis 2017, San Francisco (United States), Series A	Producer and supplier of cannabis products	$27.4M	Entourage Effect Capital, Cannabis Growth Opportunity Corporation ... & 3 others	37/100
10th	Marijuana Company Of America 1985, Escondido (United States), Late Stage	Cannabis sector operator with cultivation, distribution, and consumer product divisions	-	-	36/100