About Turno
Turno is a company based in Honolulu (United States) founded in 2017 by Tim Roy and Assaf Karmon.. Turno has raised $4.5 million across 1 funding round from investors including RET Ventures and Blue Startups. Turno operates in a competitive market with competitors including Rentberry, TurboTenant, Howsy, Avail and Poplar Homes, among others.
- Headquarter Honolulu, United States
- Founders Tim Roy, Assaf Karmon
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Sectors
Business ServicesReal Estate & Construction
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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
$4.5 M (USD)
in 1 rounds
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Latest Funding Round
$4.5 M (USD), Series A
Aug 16, 2021
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Investors
RET Ventures
& 1 more
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Employee Count
Employee Count
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Funding Insights of Turno
Turno has successfully raised a total of $4.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.5 million completed in August 2021. 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 1
- Last Round Series A — $4.5M
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First Round
First Round
(16 Aug 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series A - Turno | Valuation | RET Ventures |
| 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 Turno
Turno has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include RET Ventures and Blue Startups. 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 focused on the real estate startups
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Founded Year | Domain | Location | |
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A venture accelerator based in Hawaii supporting technology 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 Turno
| 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 - Turno
| 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 |
Turno Comparisons
Competitors of Turno
Turno 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 Rentberry, TurboTenant, Howsy, Avail and Poplar Homes, 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 |
Digital platform for worldwide apartment rentals is provided.
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| domain | founded_year | HQ Location |
Online property management software is offered to landlords and managers.
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| domain | founded_year | HQ Location |
SaaS-driven rental management platform for owners and property managers
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| domain | founded_year | HQ Location |
Tech-first solutions for rental property management are provided.
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| domain | founded_year | HQ Location |
SaaS-driven rental management software for tenants, owners, and rental managers
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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 Turno
Frequently Asked Questions about Turno
When was Turno founded?
Turno was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Turno located?
Turno is headquartered in Honolulu, United States. It is registered at Honolulu, Hawaii, United States.
Who is the current CEO of Turno?
Assaf Karmon is the current CEO of Turno. They have also founded this company.
Is Turno a funded company?
Turno is a funded company, having raised a total of $4.5M across 1 funding round to date. The company's 1st funding round was a Series A of $4.5M, raised on Aug 16, 2021.
What does Turno do?
Provider of SaaS-based rental management solutions for vacation rentals. It provides users with solutions that include automatic calendar syncing, auto-scheduling, auto payments, photo checklists, mobile apps, reporting, inventory management, and more.
Who are the top competitors of Turno?
Turno's top competitors include Rentberry, TurboTenant and Poplar Homes.
Who are Turno's investors?
Turno has 2 investors. Key investors include RET Ventures, and Blue Startups.
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