About INTURN
INTURN is a company based in New York (United States) founded in 2013 was acquired by Mad Street Den in November 2022.. INTURN has raised $89.95 million across 5 funding rounds from investors including Mad Street Den, Lerer Hippeau and B Capital. INTURN operates in a competitive market with competitors including Anchanto, Printful, Dematic, Prozo and Unmade, among others.
- Headquarter New York, United States
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Sectors
RetailTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$89.95 M (USD)
in 5 rounds
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Latest Funding Round
$30.94 M (USD), Series C
Aug 13, 2020
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Investors
Mad Street Den
& 7 more
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Employee Count
Employee Count
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Acquired by
Mad Street Den
(Nov 09, 2022)
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Funding Insights of INTURN
INTURN has successfully raised a total of $89.95M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $30.94 million completed in August 2020. 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 5
- Last Round Series C — $30.9M
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First Round
First Round
(02 Jan 2015)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series C - INTURN | Valuation |
investors |
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| Jun, 2017 | Amount | Series B - INTURN | Valuation | B Capital | |
| Jun, 2017 | Amount | Series B - INTURN | Valuation |
investors |
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| 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 INTURN
INTURN has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Mad Street Den, Lerer Hippeau and B 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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Multistage investments are directed toward technology, healthcare, and climate sectors.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage investments are directed toward tech startups by Forerunner Ventures.
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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 INTURN
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - INTURN
| 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 |
Inturn Comparisons
Competitors of INTURN
INTURN 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 Anchanto, Printful, Dematic, Prozo and Unmade, 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 solutions for e-commerce and logistics operations are delivered.
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| domain | founded_year | HQ Location |
On-demand custom printing and fulfillment services are provided for e-commerce.
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| domain | founded_year | HQ Location |
Cloud-based warehouse management and automation systems are provided.
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| domain | founded_year | HQ Location |
Online platform offering wholesale and business-focused e-commerce solutions
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| domain | founded_year | HQ Location |
Provider of operating platform to connect fashion and sportswear brands
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| domain | founded_year | HQ Location |
Provider of logistics and fulfillment solutions for e-grocers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Inturn
Frequently Asked Questions about INTURN
When was INTURN founded?
INTURN was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is INTURN located?
INTURN is headquartered in New York, United States. It is registered at New York, New York, United States.
Is INTURN a funded company?
INTURN is a funded company, having raised a total of $89.95M across 5 funding rounds to date. The company's 1st funding round was a Series B of $22.59M, raised on Jan 02, 2015.
What does INTURN do?
Founded in 2013 and based in New York, United States, INTURN operates in the excess inventory management sector. Solutions are provided to retailers for selling surplus stock through private online platforms. Inventory data and images are uploaded and managed by users. Sales campaigns are facilitated, including pricing adjustments and negotiations, to connect sellers with buyers efficiently.
Who are the top competitors of INTURN?
INTURN's top competitors include Prozo, Twiga Foods and Takeoff.
Who are INTURN's investors?
INTURN has 8 investors. Key investors include Mad Street Den, Lerer Hippeau, B Capital, Beanstalk Ventures, and Forerunner Ventures.