Turneo

London, United Kingdom Founded: 2022 • Age: 4 yrs
Web-enabled booking engine solutions for hotels and resorts are provided.
Annual revenue - Latest available
Total funding $3.9M 5 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Turneo

Turneo is a company based in London (United Kingdom) founded in 2022 by Matija Marijan. Turneo has raised $3.87 million across 5 funding rounds from investors including Bessemer Venture Partners, Underline Ventures and Ascension. Turneo offers products and services including Experience Booking Engine and AI Insights Tool. Turneo operates in a competitive market with competitors including CloudBeds, Hotel Engine, TravelClick, HyperGuest and Pruvo, among others.

  • Headquarter London, United Kingdom
  • Founders Matija Marijan
  • Sectors
    Travel & Hospitality
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Turneo Ltd
  • Date of Incorporation 18 Mar, 2022
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Travel & Hospitality → Hospitality, Lodging & Accommodation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.87 M (USD)

    in 5 rounds

  • Latest Funding Round
    $2.22 M (USD), Seed

    Sep 18, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of Turneo

Turneo offers a comprehensive portfolio of products and services, including Experience Booking Engine and AI Insights Tool.

Product name locked
Category locked
Primary

Tool for embedding and managing hotel activity bookings online

Product name locked
Category locked
Locked

System for building guest profiles and automating experience management

People of Turneo

Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Tina Bolanac
Commercial Lead - Hotel Chains @ Turneo
People
Fran Kauzlarić
Co-founder & Chief Commercial Officer
People
Shehzad Moiz
Advisor

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Funding Insights of Turneo

Turneo has successfully raised a total of $3.87M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $2.22 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.

Investors in Turneo

Turneo has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, Underline Ventures and Ascension.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Early-stage startups are supported through seed investments by Underline Ventures.
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Ascension is recognized as a venture capital firm focused on early-stage tech investments.
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Investor details for Turneo

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Turneo

Investments
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Investment portfolio details for Turneo

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Turneo

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Detailed financials for Turneo

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  • Profit trends
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Turneo Comparisons

Turneo Primary company
Description
Web-enabled booking engine solutions for hotels and resorts ...
Location
London, United Kingdom
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Turneo

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Turneo

Turneo 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 CloudBeds, Hotel Engine, TravelClick, HyperGuest and Pruvo, among others.

Company Name Domain Founded year HQ Location Description
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Browser-based software solutions for hotels and other accomodations
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SaaS booking engine solution delivered for hotels and business travelers.
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Cloud-based solutions for hospitality reservations and management are offered.
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AI-powered web-based solutions for hotel booking management are provided.
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App-based platform to rebook hotels for travelers
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Detailed competitors of Turneo

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Latest news on Turneo

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Complete news archive for Turneo

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  • Brand-specific news history

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Frequently Asked Questions about Turneo

Turneo was founded in 2022.

Turneo is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Matija Marijan is the current CEO of Turneo. They have also founded this company.

Turneo is a funded company, having raised a total of $3.87M across 5 funding rounds to date.

Turneo was founded in 2022 in London, United Kingdom, as a B2B platform in the hospitality technology sector. Web-enabled booking engine solutions are offered to hotels and resorts, enabling the management of in-destination experiences for guests. A plug-and-play system is utilized to handle offerings for travelers, with operations focused on streamlining reservations and guest services across the industry.

Turneo's top competitors include CloudBeds, Hotel Engine and HyperGuest.

Turneo offers Experience Booking Engine and AI Insights Tool.

Turneo has 5 investors. Key investors include Bessemer Venture Partners, Underline Ventures, Ascension, Frederic Halley, and Silicon Gardens.

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