# Teraki

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/teraki

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.teraki.com
- Total disclosed funding: $14M
- Latest round: Series A (Dec 18, 2019)
- Investors on record: 8

## About

Teraki GmbH is a company that specializes in advanced data processing solutions that optimize data for automotive applications, focusing on enhancing intelligent mobility and connected vehicle systems.Founded in 2015 and headquartered in Berlin, Germany, Teraki GmbH offers innovative software solutions for intelligent mobility. The founders, Daniel Richart and Markus Kopf, have established a company that has engaged in three funding rounds. In December 2019, Teraki raised USD 11.00 mn in a Series A round, with investors including Bright Success Capital, GPS Ventures, and Paladin Capital Group, among others. The total amount raised by the company is USD 11.00 mn, and it currently holds a valuation of USD 27.16 mn.Teraki specializes in advanced data processing solutions designed to enhance intelligent mobility through an innovative software platform. Their core offerings focus on optimizing data for automotive applications, particularly in the realm of autonomous driving and connected vehicle systems. By leveraging their technology, clients, including leading OEMs and semiconductor companies, can efficiently manage large volumes of data generated by vehicles, enabling real-time decision-making and improving overall operational efficiency. Teraki’s solutions serve a diverse client base across global markets, including Europe, North America, and Asia-Pacific, aiding automotive manufacturers and technology partners in streamlining data handling and ensuring compliance with emerging mobility standards.Teraki generates revenue primarily through strategic partnerships and subscription-based models with key industry players in the automotive sector. These transactions involve providing tailored software solutions that integrate seamlessly with clients' existing systems, facilitating efficient data processing for intelligent mobility applications. Partnerships often include agreements for technology integration, where Teraki adapts its platform to meet specific client needs, ultimately driving recurring revenue through subscription fees. The company's flagship offerings, designed to tackle crucial challenges in data management and analytics for connected vehicles, form the basis of these revenue-generating arrangements.In December 2019, Teraki GmbH raised USD 11.00 mn in Series A funding to accelerate its focus on the automotive electronics market. The company plans to expand into other sectors with high data demands in computing and communication components. The recent funding will support the development of new products aimed at enhancing their platform's capabilities, enhancing their market reach. Teraki is targeting expansion into new geographic locations to better serve the automotive sector by adapting its solutions to meet specific regional requirements.

## Funding rounds

- Series A, Dec 18, 2019, $11M — Paladin Capital Group, Mobility Ventures, Rev1 Ventures, Bright Success Capital, Innogy Ventures, GPS Ventures, New Ventures
- Seed, Sep 27, 2018, $3M — Paladin Capital Group, Hubraum, GPS Ventures

## Investors

- Paladin Capital Group (https://capitalatlas.ai/funds/paladin-capital-group) — Seed, Series A
- Hubraum — Seed
- GPS Ventures (https://capitalatlas.ai/funds/gps-ventures) — Seed, Series A
- Mobility Ventures (https://capitalatlas.ai/funds/mobility-ventures) — Series A
- Rev1 Ventures (https://capitalatlas.ai/funds/rev1-ventures) — Series A
- Bright Success Capital — Series A
- Innogy Ventures (https://capitalatlas.ai/funds/innogy-ventures) — Series A
- New Ventures (https://capitalatlas.ai/funds/new-ventures) — Series A