Turns

Delaware, United States Founded: 2020 • Age: 6 yrs Acquired By PayRange
Provider of business management software for laundry
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About Turns

Turns is a company based in United States founded in 2020 by Sukanth Srivastav and Vishal Gupta was acquired by PayRange in February 2025.. Turns has raised $500 thousand across 1 funding round from investors including PayRange, PointOne Capital and Better Capital. Turns has completed 1 acquisition, including PayRange. Turns offers products and services including Turns POS, Dedicated Driver App, and DoorDash Integration. Turns operates in a competitive market with competitors including Cents, Washlava, CleanCloud, Hangzhou Penguin Technology and Starchup, among others.

  • Headquarter Delaware, United States
  • Founders Sukanth Srivastav, Vishal Gupta
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Turnsapp Inc
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $500 K (USD)

    in 1 rounds

  • Latest Funding Round
    $500 K (USD), Seed

    Jan 11, 2023

  • Investors
    PayRange

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    PayRange

    (Feb 19, 2025)

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Products & Services of Turns

Turns offers a comprehensive portfolio of products and services, including Turns POS, Dedicated Driver App, and DoorDash Integration. 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.

Primary

Software for managing laundromat transactions and operations.

App for tracking routes and driver schedules.

Tool for enabling pickup and delivery services.

People of Turns
Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Sukanth Srivastav
Founder

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Teams

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Funding Insights of Turns

Turns has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in January 2023. 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 Rounds 1
  • Last Round Seed — $500,000
  • First Round

    (11 Jan 2023)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2023 Amount Seed - Turns Valuation Better Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Turns

Turns has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include PayRange, PointOne Capital and Better 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage companies are invested in by Better Capital.
Founded Year Domain Location
Venture capital fund investing in pre-seed tech startups with support services.
Founded Year Domain Location
Mobile payments for vending machines are facilitated via smartphone app.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Turns

Turns has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PayRange. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile payments for vending machines are facilitated via smartphone app.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Turns

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Turns Comparisons

Employees
+
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Competitors of Turns

Turns 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 Cents, Washlava, CleanCloud, Hangzhou Penguin Technology and Starchup, 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
A platform for managing laundry business operations is provided.
domain founded_year HQ Location
Online platform offering diverse articles on various topics.
domain founded_year HQ Location
Online ordering and POS software for laundry providers is supplied.
domain founded_year HQ Location
Self-service laundry services and IoT enabling systems are provided.
domain founded_year HQ Location
Cloud-based SaaS solutions provider for laundry and dry cleaning businesses
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Turns

Frequently Asked Questions about Turns

When was Turns founded?

Turns was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Where is Turns located?

Turns is headquartered in United States. It is registered at Delaware, United States.

Is Turns a funded company?

Turns is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Jan 11, 2023.

What does Turns do?

Provider of business management software for laundry. It provides a dashboard to track customer growth, provide an in-store platform, live tracking of delivery and route, manages payments, and others. It provides the facility of managing employees.

Who are the top competitors of Turns?

Turns's top competitors include Cents, CleanCloud and WeWash.

What products or services does Turns offer?

Turns offers Turns POS, Dedicated Driver App, and DoorDash Integration.

How many acquisitions has Turns made?

Turns has made 1 acquisition, including PayRange.

Who are Turns's investors?

Turns has 3 investors. Key investors include PayRange, PointOne Capital, and Better Capital.

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