# TerraFirma

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

- Industry: Industrial Machinery
- Headquarters: Austin, US
- Website: www.terrafirma.inc
- Total disclosed funding: $100M
- Latest round: Series A (Jul 14, 2026)
- Investors on record: 10

## About

Based in Austin, US, founded in 2023, TerraFirma, Inc. is focused on advanced construction solutions. The company was co-founded by Noah McGuinness and Noah Schochet (CEO as of 2026). In July 2026, TerraFirma, Inc. raised USD 100 million in series A funding led by Kleiner Perkins, with participation from Glade Brook Capital Partners, Banner VC, Saga Ventures Management, Trust Ventures, Definition Capital, PEAK6 Investments, Magnetar Capital, Ravelin Capital and Bain Capital. The round was a part of larger USD 115 million Series A and equity funding.

TerraFirma specializes in advanced construction solutions leveraging software, robotics, and operational improvements to address inefficiencies in the earthworks sector. Their offerings include an AI-enabled pre-construction software suite for project bidding, planning, simulation, and execution. They also operate a Remote Command-and-Control center for coordinating construction operations, alongside retrofitted heavy machinery capable of remote operation, enhancing efficiency and safety by integrating multi-layer safety systems. Their services primarily target the construction industry, with key clients including Starbucks and the Zachary Cole Foundation.

TerraFirma generates revenue through B2B transactions, focusing on partnerships and contracts with construction firms and commercial clients. They engage clients via service agreements that incorporate project execution, site preparation, and the use of their proprietary technology. Revenue streams include fees for software licenses and charges for machinery operation and project management services, aligning with market demands for innovative construction practices.

The company plans to use the July 2026 funding to expand its teams and advance its semi-autonomous equipment technology.

## Funding rounds

- Series A, Jul 14, 2026, $100M — Kleiner Perkins, Bain Capital, Magnetar Capital, PEAK6 Investments, Glade Brook Capital Partners, Trust Ventures, Definition Capital, Saga Ventures Management, Banner VC, Ravelin Capital

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A
- Magnetar Capital (https://capitalatlas.ai/funds/magnetar-capital) — Series A
- PEAK6 Investments (https://capitalatlas.ai/funds/peak6-investments) — Series A
- Glade Brook Capital Partners (https://capitalatlas.ai/funds/glade-brook-capital-partners) — Series A
- Trust Ventures (https://capitalatlas.ai/funds/trust-ventures) — Series A
- Definition Capital (https://capitalatlas.ai/funds/definition-capital) — Series A
- Saga Ventures Management (https://capitalatlas.ai/funds/saga-ventures-management) — Series A
- Banner VC (https://capitalatlas.ai/funds/banner-vc) — Series A
- Ravelin Capital (https://capitalatlas.ai/funds/ravelin-capital) — Series A