Organization · Venture Capital
Tern PLC - we back growing IoT companies
Tern PLC is a London-based investment company that focuses on backing growing companies in the Internet of Things (IoT) sector. It aims to support UK businesses with global ambitions through active investments and strategic guidance.
Overview
What Tern PLC - we back growing IoT companies does
What Tern PLC - we back growing IoT companies is
Tern PLC is a London-based investment company that focuses on backing growing companies in the Internet of Things (IoT) sector. It aims to support UK businesses with global ambitions through active investments and strategic guidance.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2004
- Approximate age
- About 22 years
- Structured capabilities
- Funder
- Last reviewed
- May 1, 2026
Official channels
Find Tern PLC - we back growing IoT companies elsewhere
Open the official website or a supported primary organization account.
Capability profile
Tern PLC - we back growing IoT companies as a funder
Investment thesis
Tern PLC focuses on backing UK-based, privately owned companies in the Internet of Things (IoT) sector that demonstrate disruptive technology and global ambition. The firm aims to provide long-term, hands-on support to help these companies scale and achieve market access.
Focus narrative
Tern primarily invests in the information technology sector, specifically targeting IoT companies that show potential for innovation and growth. The organization employs a strategy that includes both active investments, where they may acquire control of a company, and non-controlling shareholdings, ensuring they can support businesses at various stages of their development.
Value beyond capital
Tern PLC adds value to its portfolio companies by providing not only capital but also operational expertise, board-level support, and access to international markets. The firm aims to be a long-term partner, helping companies navigate challenges and scale effectively in the competitive IoT landscape.
Focus and fit
- Stages
- Pre-seed · Seed · Series A · Series B · Growth Equity
- Sectors
- IoT · Healthcare · AI · Industrial Iot
- Regions
- Uk · Europe · North America · Global
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 4
Portfolio context
Tern's notable portfolio companies include: Wyld Networks: Provides satellite IoT solutions to enhance connectivity for devices in remote areas. Device Authority: Specializes in securing identities in the IoT through its KeyScaler® tool, which automates device security management. Fundamental VR: Focuses on improving surgical training through virtual reality and haptic feedback technology. Talking Medicines: Offers a platform to capture and analyze patient experiences for pharmaceutical marketing.
Common questions
What to know about Tern PLC - we back growing IoT companies
Upseed classifies Tern PLC - we back growing IoT companies under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 1, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.