About Terrestrial
Terrestrial is a private company based in Woburn, Massachusetts. It has reported $138,178,495 raised in 11 offerings on Form D since May 2013. Its chief executive is Rachel Sha.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Mar 4, 2026 | Mar 19, 2026 | $57,301,758of $83.5M target | 16 | $3.5M | Equity, Securities on exerciseRule 506(b) | Form D ↗ |
| Aug 27, 2025 | Sep 10, 2025 | $7,903,411of $10.0M target | 4 | $1.9M | Debt, OptionsRule 506(b) | Form D ↗ |
| Feb 14, 2025 | Feb 26, 2025 | $8,400,000of $10.0M target | 3 | $2.8M | Debt, OptionsRule 506(b) | Form D ↗ |
| May 13, 2024 | May 28, 2024 | $10,775,983of $12.0M target | 6 | $1.7M | Debt, OptionsRule 506(b) | Form D ↗ |
| Jul 17, 2023 | Jul 24, 2023 | $9,096,986of $12.0M target | 4 | $2.2M | EquityRule 506(b) | Form D ↗ |
| Sep 22, 2022 | Oct 4, 2022 | $2,000,000fully sold | 1 | $2.0M | Debt, OptionsRule 506(b) | Form D ↗ |
| Apr 29, 2021 | May 14, 2021amended Dec 23, 2022 | $35,012,500fully sold | 7 | $5.0M | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Mar 22, 2021 | Mar 26, 2021 | $2,000,000fully sold | 3 | $666K | Debt, OptionsRule 506(b) | Form D ↗ |
| Feb 6, 2019 | Feb 15, 2019 | $3,575,000fully sold | 4 | $893K | EquityRule 506(b) | Form D ↗ |
| Dec 27, 2016 | Jan 9, 2017 | $862,857fully sold | 2 | $431K | EquityRule 506(b) | Form D ↗ |
| May 21, 2013 | May 29, 2013 | $1,250,000of $3.7M target | 2 | $625K | Equity06 | Form D ↗ |
| Total, 11 offerings | $138,178,495 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Terrestrial's Form D filed Mar 19, 2026.
Earlier filings also listed Weiner Tilsner (executive officer, last listed Sep 2025), Matthew Dirckx (executive officer, last listed Sep 2025), Lynda Tussey (executive officer, last listed Sep 2025), Kathryn Kosuda (executive officer and director, last listed Sep 2025), Jonathan Kluge (executive officer, last listed Sep 2025), John Spiridigliozzi (executive officer, last listed Sep 2025), Mario Barro (director, last listed May 2024) and Michael Schrader (president and director, last listed Jul 2023).