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Terns Funding History

Since Terns was founded in 2017, it has participated in 7 rounds of funding. In total Terns has raised $648.5M. Terns' last funding round was on Sep 2024 for a total of $172.7M.

Terns Funding Rounds

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ROUND

FUNDING DATE

AMOUNT

NUMBER OF INVESTORS

INVESTORS

Post-IPO Equity
Sep 2024
$172.7M
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Post-IPO Equity
Dec 2022
$86.3M
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Post-IPO Equity
Aug 2022
$65M
2
Fairmount,  Venrock Healthcare Capital Partners
IPO
Feb 2021
$127.5M
1
Series C
Jan 2021
$87M
7
Deerfield Capital Management,  Eli Lilly and Company,  OrbiMed Advisors,  Lilly Asia Ventures,  Vivo Capital,  Samsara Capital,  Suvretta Capital Management

Total Funding: $648.5M

Terns Investors

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INVESTOR

ROUND

FUNDING DATE

Fairmount
Post-IPO Equity
Aug 2022
Venrock Healthcare Capital Partners
Post-IPO Equity
Aug 2022
Deerfield Capital Management
Series C
Jan 2021
Eli Lilly and Company
Series C
Jan 2021
OrbiMed Advisors
Series C
Jan 2021

Total Investors: 11

Terns has 11 investors, including Fairmount, Venrock Healthcare Capital Partners and Deerfield Capital Management. The latest investment occurred in Sep 2024.