TerraTech - About the company
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 119 active competitors, including 11 funded and 16 that have exited. Its top competitors include companies like iAnthus, Maricann and Planet 13 Holdings.
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
- Social
- 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
Ranked
5th among 119 active competitors
Employee Count
170 as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with TerraTech
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's IPO details
TerraTech got listed on Apr 26, 2012.
Click here to take a look at TerraTech's IPO in detail
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TerraTech's funding and investors
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:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 03, 2021 | 2296058 | Post IPO | 5752005 | 8986211 | 6627423 | 8448192 |
Mar 2018 | 8235198 | Post IPO | 4940680 | 4439048 | 6258028 | 2388400 |
Jun 10, 2015 | 3048774 | Post IPO | 8137725 | 9889377 | 6882411 | 8029286 |
Access funding benchmarks and valuations. Sign up today!View details of TerraTech's funding rounds and investors
TerraTech's founders and board of directors
Founder? Claim ProfileThe 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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TerraTech's Competitors and alternates
Top competitors of TerraTech include iAnthus, Maricann and Planet 13 Holdings. Here is the list of Top 10 competitors of TerraTech, ranked by Tracxn score:
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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 | 58/100 | |
2nd | Provider of curated lifestyle and medical cannabis products in various forms | $7.65M | - | 54/100 | |
3rd | Planet 13 Holdings 2015, Las Vegas (United States), Public | Vertically integrated cannabis company offering a range of annabis products | $11.4M | 54/100 | |
4th | Vireo Health 2004, Minneapolis (United States), Late Stage | Chains providing cannabis-based products through dispensaries and third-party retail locations | - | 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 | - | - | 39/100 |
7th |  Good Day Farm 2020, Little Rock (United States), Series C | Producer and distributor of medical marijuana products | $56.5M | 39/100 | |
8th | _1559881685317.png?devicePixelRatio=2&height=30&width=30){kind=logo} NorCal Cannabis 2017, San Francisco (United States), Series A | Producer and supplier of cannabis products | $27.4M | 37/100 | |
9th |  Noa Botanicals 2015, Honolulu (United States), Series A | Producer and supplier of cannabis products | $11.5M | - | 37/100 |
10th | Marijuana Company Of America 1985, Escondido (United States), Late Stage | Cannabis sector operator with cultivation, distribution, and consumer product divisions | - | - | 37/100 |
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TerraTech's Investments and acquisitions
TerraTech has acquired Silverstreak. TerraTech has not made any investments as of now.Reports related to TerraTech
Here is the latest report on TerraTech's sector:
News related to TerraTech
Filter this list•
Unrivaled Brands is building a West Coast cannabis powerhouse with Terra Tech mergerProactive Investors•Jul 09, 2021•Unrivaled, UMBRLA, TerraTech
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Terra Tech Announces Pending Acquisition of SilverStreak SolutionsGreen Market Report•Jun 10, 2021•TerraTech, Silverstreak
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Terra Tech sells non-operating property thereby strengthening balance sheetSeeking Alpha•Jun 07, 2021•TerraTech
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Terra Tech Corp. Reports Fourth Quarter and 2020 Fiscal Year End Financial ResultsGlobeNewswire•Mar 31, 2021•TerraTech
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Terra Tech CEO explains how future acquisition of Unrivaled could generate revenues of $70MProactive Investors•Mar 16, 2021•TerraTech, Unrivaled
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TerraTech Is Merging With OneQor Pharmaceutical, May Spinoff CannabisGreen Market Report•Nov 04, 2019•TerraTech, OneQor
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SGX, independent auditors raise questions over health of Capital World's financesThe Edge Singapore•Oct 15, 2019•TerraTech, EY
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