How Much Did Turno Raise?
Funding & Key Investors

Turno, a prominent SaaS platform focused on automating recurring property services for short-term rental operators, has secured significant enterprise-level funding, with its total capital raised standing at $4.5M. The company recently announced a major strategic investment of $4.5M, underscoring its growth trajectory and market position. This latest financing round is expected to fuel further expansion and product development within the dynamic short-term rental management sector.

What is Turno?

Turno
SoftwareBusiness Intelligence (BI) SoftwareBusiness Services

Turno, formerly TurnoverBnB, operates as a comprehensive Software-as-a-Service solution designed to streamline and automate essential property management tasks, particularly cleaning services, for owners and operators of short-term rental properties. By integrating and simplifying these recurring services, Turno aims to enhance operational efficiency and guest satisfaction in a highly competitive market. The platform's focus on automation addresses a critical need for scalable solutions in the rapidly growing short-term rental industry.

How much funding has Turno raised?

Turno has raised a total of $4.5M across 1 funding round:

2021

Series A

$4.5M

Series A (2021): $4.5M with participation from Blue Startups' companies and RET Ventures

Key Investors in Turno

Blue Startups' companies

Blue Startups is an accelerator program that invests in early-stage technology companies, often focusing on SaaS and disruptive business models.

RET Ventures

RET Ventures is a venture capital firm that invests in technology companies serving the real estate industry, focusing on innovation in property management and operations.

What's next for Turno?

With its recent major strategic investment, Turno is poised for accelerated growth and market penetration. The Series A financing context suggests the company is moving beyond its initial development phase into a scaling phase, likely focusing on expanding its customer base, enhancing its platform's capabilities, and potentially exploring new service verticals. Strategic capital infusion at this stage typically signals an intent to solidify market leadership and innovate further within the proptech and short-term rental management ecosystem.

See full Turno company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Business Intelligence (BI) SoftwareSoftware
Content & Collaboration SoftwareSoftware
SoftwareSupply Chain Management (SCM) SoftwareBusiness Intelligence (BI) Software
Engineering SoftwareSoftwareMultimedia, Games & Graphics Software

Frequently Asked Questions Regarding Turno Financial Insights

What are the most recent funding rounds that Turno has completed, and what were the funding rounds?
Turno has recently completed 1 funding rounds: Series A on Aug 17, 2021.
What is the total amount of funding Turno has raised to date?
Turno has raised a total of $4.5M in funding to date.
How many funding rounds has Turno completed?
Turno has completed 1 funding rounds.
How much funding did Turno raise in its most recent funding round?
Turno raised $4.5M in its most recent funding round.
Who are the lead investors in Turno's latest funding round?
The lead investor in Turno's latest funding round was Blue Startups' companies. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Turno's history?
The largest funding round in Turno's history was $4.5M.
See more information about Turno