What is Turno?
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:
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