About Turbi
Turbi is a company based in Sao Paulo (Brazil) founded in 2016 by Diego Lira.. Turbi has raised $69.19 million across 8 funding rounds from investors including Daycoval, TMF Group and JIVE. Turbi offers products and services including Car Rental App, Immediate Pickup Service, Scheduled Rental Service, and Car Subscription Service. Turbi operates in a competitive market with competitors including Kovi, Carre Mobility, Zazcar, LEEVO and Mowa-se, among others.
- Headquarter Sao Paulo, Brazil
- Founders Diego Lira
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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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
$69.19 M (USD)
in 8 rounds
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Latest Funding Round
$5.61 M (USD), Debt – Conventional
Dec 02, 2025
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Investors
Daycoval
& 11 more
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Employee Count
Employee Count
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Products & Services of Turbi
Turbi offers a comprehensive portfolio of products and services, including Car Rental App, Immediate Pickup Service, Scheduled Rental Service, and Car Subscription Service. 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.
App for on-demand car rentals and direct access via mobile.
Feature for instant car rental at nearby locations.
Option to book cars in advance for future use.
Monthly car access without ownership commitments.
Unlock access to complete
Funding Insights of Turbi
Turbi has successfully raised a total of $69.19M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $5.61 million completed in December 2025. 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 8
- Last Round Debt – Conventional — $5.6M
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First Round
First Round
(01 Oct 2018)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Debt – Conventional - Turbi | Valuation | Santander |
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| Feb, 2025 | Amount | Series D - Turbi | Valuation |
investors |
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| Feb, 2025 | Amount | Debt – Conventional - Turbi | Valuation |
investors |
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| 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 |
Investors in Turbi
Turbi has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Daycoval, TMF Group and JIVE. 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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Venture capital fund investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Independent asset and wealth management services are provided in Brazil.
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Founded Year | Domain | Location | |
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Independent firm managing alternative investment funds and strategies.
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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 Turbi
| 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 - Turbi
| 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 |
Turbi Comparisons
Competitors of Turbi
Turbi 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 Kovi, Carre Mobility, Zazcar, LEEVO and Mowa-se, 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 |
Car rental services are facilitated via an online booking platform.
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| domain | founded_year | HQ Location |
Multi-category self-driven vehicle rentals and car-pooling are provided online.
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| domain | founded_year | HQ Location |
Provides an app-based platform for on-demand car rentals.
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| domain | founded_year | HQ Location |
Digital platform for vehicle rental including monthly and hourly options.
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| domain | founded_year | HQ Location |
App-based service for renting and sharing cars on demand conveniently.
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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 Turbi
Frequently Asked Questions about Turbi
When was Turbi founded?
Turbi was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Turbi located?
Turbi is headquartered in Sao Paulo, Brazil.
Who is the current CEO of Turbi?
Diego Lira is the current CEO of Turbi. They have also founded this company.
Is Turbi a funded company?
Turbi is a funded company, having raised a total of $69.19M across 8 funding rounds to date. The company's 1st funding round was a Series D of $12.5M, raised on Oct 01, 2018.
What does Turbi do?
Turbi was founded in 2016 in Sao Paulo, Brazil, as a self-drive car rental platform in the mobility sector. Available vehicles are located and booked by users through a dedicated mobile app. Access to the selected car is granted by unlocking it with a smartphone. Rentals are concluded when the vehicle is returned to its original pickup location and locked. Operations focus on urban areas within Brazil.
Who are the top competitors of Turbi?
Turbi's top competitors include Kovi, Carre Mobility and Zazcar.
What products or services does Turbi offer?
Turbi offers Car Rental App, Immediate Pickup Service, Scheduled Rental Service, and Car Subscription Service.
Who are Turbi's investors?
Turbi has 12 investors. Key investors include Daycoval, TMF Group, JIVE, Carbyne Investimentos, and Oliveira Trust.
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