Ternary

Technology investment intelligence for finance

Ternary logo
21-100 employees
  • Fintech
  • B2B
  • Enterprise
  • SaaS
  • Accounting
  • Cloud Computing
Downtown, San Mateo, CA

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Company mission

To build the future of cost management in the cloud.

Our take

As businesses increasingly move their data and processing power off premises, finance teams must ensure cloud spending remains in budget. However, collaboration with engineers to manage cloud usage can prove difficult, with anomalies often addressed after they have occurred. Ternary’s Google Cloud native tool connects finance and engineer teams to one another, and provides automation for collaboration.

Ternary was founded in 2020 in response to the founders’ first-hand challenges getting engineering and finance teams to collaborate on cloud spend. Its platform combats reactive management of variable cloud spending by empowering engineers to make informed cloud-cost decisions, and also giving finance teams context for where their cloud budget is being spent. To date, it has managed over $7 billion in cloud spend, realising $1.5 billion in savings for its customers.

The company has over 100 active enterprise customers and is FinOps Foundation certified. It is riding the AI wave by adopting the new technology to predict business cloud needs, automatically generating actionable insights around cost reductions and anomalies.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Funding (2 rounds)

Oct 2023

$12m

SERIES A

Feb 2022

$6.8m

SEED

Total funding: $18.8m

This company has top investors

Leadership

Sasha Kipervarg

(Co-Founder & CEO)

Sasha previously served as a Governing Board member at FinOps Foundation and as the Head of Global Cloud Operations at LiveRamp. They also worked at Identified as a Director of SaaS Operations until it was acquired by Workday where they moved into the role of Director of DevOps.

Joshua Kwan

(Co-Founder & CTO)

Former Team Lead and Architect, DevOps at LiveRamp. Previously Senior Software Engineer at Arbor and at Schrödinger.

Patrick Raymond

(Co-Founder & CPO)

Former Senior Product Manager at LiveRamp. Previously Director of Operations at DimEye Corp.