Status
ACTIVE
Global HQ
London, United Kingdom
Countries of investment
- United Kingdom
Investment stages
- Seed
- Series A
Industries
- IoT
- Digital Health
- Enterprise
About
Tern specializes in investing in UK-based startups in the Internet of Things (IoT) and connected software sectors. The firm focuses on B2B platforms that aim to improve industrial efficiency, data security, and overall enterprise adoption. Tern backs companies that are developing scalable, recurring revenue models, ensuring that their solutions can be adopted by large enterprises. The firm provides both capital and operational expertise to help these companies integrate into industrial ecosystems and scale their businesses effectively.
Tern specializes in investing in UK-based startups in the Internet of Things (IoT) and connected software sectors. The firm focuses on B2B platforms that aim to improve industrial efficiency, data security, and overall enterprise adoption. Tern backs companies that are developing scalable, recurring revenue models, ensuring that their solutions can be adopted by large enterprises. The firm provides both capital and operational expertise to help these companies integrate into industrial ecosystems and scale their businesses effectively.
Investment Thesis
Tern’s thesis focuses on the Internet of Things (IoT) and connected enterprise software, investing in B2B solutions with scalable, recurring models. It backs UK startups that enable digital transformation and data-driven efficiency across industries.
Manager's Experience
Experienced investors with strong backgrounds in tech and deep science, focused on early-stage innovation and commercialization.
Team
Karthik Dasari-Founder
Mark Thompson-Operating Partner
Tom Llewellyn-Lloyd-Principal
Stuart Pittaway-Chief Technology Officer
James Hang-Deal Execution
Simon Corson-Deal Origination
Portfolio
Wirepas
Sopris Technologies
EnergyNest
Kinexon
AerNos
Flowbird
Cubic Telecom
SOTI
TomTom