Ternary logo — The Universal Spend Ledger for modern technology.

Ternary

The Universal Spend Ledger for modern technology.

Founded 2020 United States San Mateo, United States 30 employees Series A Total: $18.72M Computing, Finance

General Information

Company Name Ternary
Founded Year 2020
Location United States San Mateo, United States +4
Employees 30
Industries Computing, Finance
Funding Stage Series A
Social

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About Ternary

Ternary, founded in 2020, positions itself as a key player in the convergence of the Computing and Finance industries. With its slogan, "The Universal Spend Ledger for modern technology," Ternary offers a modern FinOps platform tailored to improve accountability and optimize technology spend efficiency.

Headquartered in the United States, the company's team has been instrumental in the development and advancement of FinOps, leveraging significant experience in managing cloud infrastructure at scale and executing substantial workload migrations.

Their strategic growth is marked by a substantial $12.00M Series A investment round completed on 23 October 2023. This round was backed by a diverse group of investors including Fin Capital, Gaingels, Jump Capital, RiverPark Ventures, and Great Oaks. Such financial backing indicates strong confidence in Ternary's unique value proposition and the scalability of its platform.

Taxonomy: FinOps, Cloud Cost Management, Cloud Cost Optimization, Data Visualization, Anomaly Detection, Technology Spend Management, Multi-Cloud Management, Google Cloud Partner, FinOps Foundation Certified, Cloud Environments, Workload Migrations, Accountability in Technology Spend, Technology Spend Efficiency, Cloud Cost Optimization for GCP, FinOps Platform Provider

Services & Products

Multi-cloud FinOps Platform
Cost Management
Financial Control & Optimization
Anomaly Detection
Resource Rightsizing
Forecasting and Reporting

Target Customers

FinOps Teams Engineering Teams Finance Departments Managed Service Providers Enterprises SaaS Companies Public Sector Entities

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $12.00M 5 23 Oct 2023
Seed Round $6.72M 5 27 Feb 2022

Ternary Alternatives & Competitors

Ternary vs
Finout
Finout Israel

Finout is the only FinOps tool you will ever need, helping you monitor, manage, and reduce your enti...

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Ternary vs
Clofio
Clofio India

Clofio is building a revolutionary platform for Cloud Spend Management, aiming to bring spend visibi...

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Ternary vs
Vega Cloud
Vega Cloud United States

Combine FinOps best practices with an easy-to-use cloud cost management platform to ensure cost savi...

Series Unknown
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Also compare with: Ternary vs Amadis Technologies Amadis Technologies

FAQ About Ternary

The Universal Spend Ledger for modern technology.
Ternary was founded in 2020.
Ternary is headquartered in San Mateo, United States.
Ternary operates in the following industries: Computing, Finance.
Ternary has approximately 30 employees.
Ternary has completed 2 funding rounds, raising a total of $18.72M. The latest funding stage is Series A.
Ternary offers: Multi-cloud FinOps Platform, Cost Management, Financial Control & Optimization, Anomaly Detection, Resource Rightsizing, Forecasting and Reporting.
Top alternatives and competitors to Ternary include Finout, Clofio, Vega Cloud, Amadis Technologies, Chaos Genius. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ternary and Finout are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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