Tern Systems, Inc.
HILLSBOROUGH, NC · Founded 2024 · CIK 0002042379 · Software
GPS-independent positioning system using terrestrial signals for navigation without satellite dependency
tern.ai →- Grants
- —
- No SBIR or STTR on record
- Sector median: 0
- Raised
- $1.6M
- 1 Form D · Jan 2025
- 21 months since last filing
- Contracts
- —
- No federal contracts on record
- Patents
- —
- No published records under this name
- Sector median: 0
Capital Timeline
Federal ↑Equity ↓20242025
| Date | Event | Source | Amount |
|---|---|---|---|
| Private capital raised | Form D · SEC | $1,600,000 |
Form D · SEC
Peer position
| # | Company | Contracts | Disclosed equity |
|---|---|---|---|
| 2715 | ETA POWER SYSTEMS, INC. | — | $6K |
| 2716 | Preferabli, Inc. | — | $875K |
| 2717 | Simplure, LLC | — | $1.0M |
| 2718 | Tern Systems, Inc. | — | $1.6M |
| 2719 | KorrAI | — | — |
| 2720 | Layer 9 Networks, Inc. | — | $3.0M |
| 2721 | Searchcraft Inc. | — | $1.0M |
Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.
Founders & Team
- Ryan GreenbergDirector
- Terral JordanExecutive Officer