Tern AI
Tern offers a patented, award-winning Independently Derived Positioning System (IDPS™) that provides reliable, turn-by-turn navigation without relying on GPS, GNSS, or cellular signals. Leveraging proprietary AI, IDPS™ interprets real-time map and vehicle sensor data to offer uninterrupted, high-accuracy positioning, even in GPS-denied environments. The system is self-healing, constantly improving, and can perform a 'cold start' initialization without prior knowledge or external signals. IDPS™ seamlessly integrates into vehicle platforms, commercial fleets, and defense systems using existing sensors and hardware, receiving automatic software updates and powering third-party applications. Founded by former special forces navigators and AI pioneers, Tern aims to redefine navigation by building an intelligent, resilient, and scalable positioning technology.
Tern AI
Tern offers a patented, award-winning Independently Derived Positioning System (IDPS™) that provides reliable, turn-by-turn navigation without relying on GPS, GNSS, or cellular signals. Leveraging proprietary AI, IDPS™ interprets real-time map and vehicle sensor data to offer uninterrupted, high-accuracy positioning, even in GPS-denied environments. The system is self-healing, constantly improving, and can perform a 'cold start' initialization without prior knowledge or external signals. IDPS™ seamlessly integrates into vehicle platforms, commercial fleets, and defense systems using existing sensors and hardware, receiving automatic software updates and powering third-party applications. Founded by former special forces navigators and AI pioneers, Tern aims to redefine navigation by building an intelligent, resilient, and scalable positioning technology.
TL;DR
Product: Independently Derived Positioning System (IDPS™): software-only, GPS-independent navigation
Headquarters: Austin (company described as Austin-based)
Stage & funding: Seed; $4.4M announced (seed) with reported total funding $4.4M as of 2024-06-12
Team size: About 11 employees
Target markets: Commercial mobility, defense, and critical infrastructure
Company Overview
Problem Domain
Navigation and positioning in GPS-denied or degraded environments; resilience for commercial mobility, defense, and critical infrastructure.
Industry
Location technology / navigation / mobility
Funding Track Record
4400000.00
Reported seed round with participation from Shadow Capital, Bravo Victor Venture Capital, and The Veteran Fund.
Investor Signal
“Seed round led by Scout Ventures with participation from Shadow Capital, Bravo Victor Venture Capital, and The Veteran Fund”