About TurboAppeal
TurboAppeal is a Technology company based in Chicago (United States) founded in 2014 by Rob Foster, and was acquired by Paradigm Tax Group in May 2017. Oline platform for preparing and filing residential property tax appeals. TurboAppeal has raised $8.5 million across 3 funding rounds from investors including Rate, @properties and Paradigm Tax Group. The company has 18 employees. Its chief executive, as recorded, is Rob Foster. The company was acqui-hired. Its focus areas include FinTech, Finance & Accounting Tech, Tech-Enabled Services and Tax Filing. Its competitors include Taxfyle, Frec and SPAN Enterprises; 2 of its 3 listed competitors have raised funding.
Company details
TurboAppeal is a software tool that assists attorneys and clients in automating and streamlining the cumbersome process of filing property tax appeals. Its proprietary machine-learning algorithm mines through extremely large datasets to not only assure the most accurate evidence is generated but to also cleanse and verify customer data. It charges 30 of users first years savings and service is free in case of unsuccessful appeal. The company has been recognized by Tech Cocktail as the runner-up for National Startup of the Year in 2015.
- Headquarters Chicago, United States
- Employees 18
- Founders Rob Foster
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website turboappeal.com
- Social LinkedIn X Facebook
- Acquired by Paradigm Tax Group (May 2017)
- Total Equity Funding$8.5M (USD)
in 3 rounds
- Latest Funding Round$4M (USD), Series A
Oct 2016
- InvestorsRate
& 8 more
- Employee Count18
- Acquired byParadigm Tax Group
(May 2017)
Funding Insights of TurboAppeal
TurboAppeal has successfully raised a total of $8.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in October 2016. 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 $8.5M
- Total Rounds 3
- Last Round Series A — $4M
- First Round $1.5M
(May 2015)
- Investors Count 8
All 3 funding rounds of TurboAppeal with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2016 | $4M | Series A | – | – | |
| Jan 2016 | $3M | Seed | – | – | |
| May 2015 | $1.5M | Seed | – | – |
9 investors in total: 9 institutional.
Investors in TurboAppeal
TurboAppeal has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Rate, @properties and Paradigm Tax Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in multiple sectors | garlandcg.com | Chicago, United States | ||
Early-stage venture capital is invested in Midwest technology startups. | hydeparkvp.com | Chicago, United States | ||
Venture capital fund focused on tech startups | cambercreek.com | Washington, Dc, United States | ||
Venture capital fund investing in multiple sectors | kgccapital.com | Chicago, United States | ||
Early-stage startups are funded through venture capital investments. | hpa.vc | Chicago, United States | ||
Mortgage loans and digital financial services are provided. | 2000 | rate.com | Chicago, United States | |
Personal brand of Barbara Corcoran is focused on business expertise and media presence. | barbaracorcoran.com | New York, United States | ||
Chicago and the North Shore based luxury brokerage firm | 2000 | atproperties.com | Chicago, United States | |
Property tax assessments and management services are provided. | 2004 | paradigmtax.com | Dallas, United States |
Investor details for TurboAppeal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of TurboAppeal
29 people are tracked at TurboAppeal (12 in leadership, 17 in team); the tracked headcount is 18.
| Name | Role | Group |
|---|---|---|
Rob Foster | Co-Founder & CEO | Leadership |
Nick Fogle | Senior Director, West Operations | Leadership |
Stephen Westurn | Chief Financial Officer | Leadership |
Brad Gorski | Chief Operating Officer | Leadership |
Gayle Griffith | Director of Operations | Leadership |
Derrick Dyslin | Senior Director, South Central Operations | Leadership |
Tom Brannigan | Regional Director, Midwest Regional Operations | Leadership |
Jason Butterworth | Regional Director, East Regional Operations | Leadership |
Greg Majors | Director, Business Development | Leadership |
Nicole Caravano | National Director, Client Services | Leadership |
Susan B. Starnes | Senior Director, BPP Compliance | Leadership |
Mary Chumbley | Director of Human Resources | Leadership |
George Gurnett | Market Leader, Missouri, Kansas & Nebraska | Team |
Paul Steimle | Office Practice Leader, Upstate New York & Connecticut | Team |
Susan French | Market Leader, Ohio & Kentucky | Team |
Amanda Crumrine | Market Leader, South Texas | Team |
Debbie Askins | Market Leader, Georgia | Team |
Debbie Pellegrino | Market Leader, Illinois, Iowa & Wisconsin | Team |
Aaron Gemoets | Market Leader, Central Texas & New Mexico | Team |
Dylan Hoyes | Market Leader, Southern California | Team |
9 more people are available in the full profile.
Complete people profiles for TurboAppeal
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of TurboAppeal
4 dated milestones of TurboAppeal across 3 years, from founding to its latest funding, stage changes and deals.
- Founded TurboAppeal is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Series A, of $4.0M.
- Exit Acquired by Paradigm Tax Group.
Competitors of TurboAppeal
TurboAppeal has 3 listed competitors in our database, 2 of them funded. They include Taxfyle, Frec and SPAN Enterprises.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| taxfyle.com | 2015 | Miami, United States | $34.2M | Online tax filing services are offered for individuals and businesses. | ||
| frec.com | 2021 | San Francisco, United States | $26.4M | 16 | Margin lending services are provided by Frec to financial clients. | |
| spanenterprises.com | 2009 | Rock Hill, United States | Develops and supports IRS e-filing and business management software products. |
Detailed competitors of TurboAppeal
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of TurboAppeal
Websites that share an audience with TurboAppeal (turboappeal.com).
Websites whose visitors overlap most with TurboAppeal. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| loftyventures.com | 100% | #8,129,908 | View details | ||
| hpa.vc | 92% | #3,785,040 | View details |
Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as TurboAppeal (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Frequently Asked Questions about TurboAppeal
TurboAppeal was founded in 2014 and raised its 1st funding round 1 year after it was founded.
TurboAppeal is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Rob Foster is the CEO of TurboAppeal, as recorded in our data. They have also founded this company.
TurboAppeal is a funded company, having raised a total of $8.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on May 2015.
TurboAppeal has 18 employees.
TurboAppeal is a software tool that assists attorneys and clients in automating and streamlining the cumbersome process of filing property tax appeals. Its proprietary machine-learning algorithm mines through extremely large datasets to not only assure the most accurate evidence is generated but to also cleanse and verify customer data. It charges 30 of users first years savings and service is free in case of unsuccessful appeal. The company has been recognized by Tech Cocktail as the runner-up for National Startup of the Year in 2015.
TurboAppeal's top competitors include Taxfyle, Frec and SPAN Enterprises.
TurboAppeal has 9 investors. Key investors include Rate, @properties, Paradigm Tax Group, Garland Capital Group, and Hyde Park Venture Partners.
Yes. TurboAppeal was acquired by Paradigm Tax Group in May 2017.