About Flipturn
Flipturn is a company based in New York (United States) founded in 2022 by Katie Siegel and Sashko Stubailo.. Flipturn has raised $20.05 million across 2 funding rounds from investors including Accel, CRV and Comma Capital. Flipturn offers products and services including EV Charging Management Platform, Dynamic Power Management, and Easy Payment Collection. Flipturn operates in a competitive market with competitors including Merchants Fleet, Make My Day, 7Gen, Microgrid Labs and ElectroTempo, among others.
- Headquarter New York, United States
- Founders Katie Siegel, Sashko Stubailo
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Flipturn, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20.05 M (USD)
in 2 rounds
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Latest Funding Round
$15.55 M (USD), Series A
Sep 10, 2024
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Investors
Accel
& 3 more
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Employee Count
Employee Count
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Products & Services of Flipturn
Flipturn offers a comprehensive portfolio of products and services, including EV Charging Management Platform, Dynamic Power Management, and Easy Payment Collection. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides real-time monitoring and cost optimization for EV charging operations.
Balances power usage to reduce utility costs and meet enterprise needs.
Facilitates one-click payments and fee configurations for charging sessions.
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Funding Insights of Flipturn
Flipturn has successfully raised a total of $20.05M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15.55 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $15.6M
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First Round
First Round
(27 Jul 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series A - Flipturn | Valuation | CRV | |
| Jul, 2023 | Amount | Seed - Flipturn | Valuation | Accel |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Flipturn
Flipturn has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Accel, CRV and Comma Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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CRV is recognized as a venture capital firm investing in technology startups.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage investments are made by Comma Capital in startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Flipturn
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Flipturn
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flipturn Comparisons
Competitors of Flipturn
Flipturn operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Merchants Fleet, Make My Day, 7Gen, Microgrid Labs and ElectroTempo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-driven fleet management and leasing solutions are provided.
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| domain | founded_year | HQ Location |
Smart mobility solutions are provided for electric vehicle fleets.
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| domain | founded_year | HQ Location |
End-to-end fleet electrification solutions are provided for commercial vehicles.
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| domain | founded_year | HQ Location |
Microgrid implementation solutions are provided for analysis and design.
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| domain | founded_year | HQ Location |
Provider of data analytics for building EV infrastructure
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Flipturn
Frequently Asked Questions about Flipturn
When was Flipturn founded?
Flipturn was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Flipturn located?
Flipturn is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Flipturn?
Katie Siegel is the current CEO of Flipturn. They have also founded this company.
Is Flipturn a funded company?
Flipturn is a funded company, having raised a total of $20.05M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.5M, raised on Jul 27, 2023.
What does Flipturn do?
Flipturn was established in 2022 in New York, United States, within the electric vehicle sector. SaaS-based platforms are developed for fleet charging infrastructures, serving operators of electric vehicle fleets. Operations are supported through features such as charging optimization, route planning, dispatching coordination, management tools, and reporting analytics. The solutions address infrastructure needs for fleet efficiency in urban and regional settings.
Who are the top competitors of Flipturn?
Flipturn's top competitors include Merchants Fleet, 7Gen and Microgrid Labs.
What products or services does Flipturn offer?
Flipturn offers EV Charging Management Platform, Dynamic Power Management, and Easy Payment Collection.
Who are Flipturn's investors?
Flipturn has 4 investors. Key investors include Accel, CRV, Comma Capital, and Background VC.