Tercera is a growth equity and advisory firm specializing in the cloud professional services and IT services market. It invests in people-centric technology services businesses, typically taking minority stakes of $5M–$20M in companies with $5M–$20M in revenue, providing capital, counsel, and connections to help them scale.
33% of their portfolio is in Data & Analytics. Average disclosed round size is $13.7M (across 4 rounds with reported amounts).
Portfolio
5
Fund Size
$225M
Top Stage
Unknown
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
6 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Auctor | Series A | $20M | Jan 2026 |
| AAuctor | Series A | $20M | Jan 2026 |
 Hakkoda Inc | Unknown | — | May 2023 |
| VValiantys | Unknown | — | Jul 2022 |
| Hakkoda Inc | Unknown | $5.6M | — |
| BBeyondID | Series A | $9M | — |
Top Co-Investors
Lead Edge Capital2 shared
M122 shared
Workday Ventures2 shared
HubSpot Ventures2 shared
Y Combinator2 shared
Sequoia Capital2 shared
Workday1 shared
Last updated: 14 September 2026