Turnstyle

Toronto, Canada Founded: 2012 • Age: 14 yrs Acquired By Yelp
Customer analytics and location-based marketing are delivered via WiFi connections.
Annual revenue - Latest available
Total funding $2.1M 3 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Turnstyle

Turnstyle is a company based in Toronto (Canada) founded in 2012 was acquired by Yelp in April 2017. Turnstyle has raised $2.1 million across 3 funding rounds from investors including Yelp and Ripple Ventures. Turnstyle offers products and services including Yelp Business Page, Yelp Ads, Yelp Guest Manager, and Yelp Data Licensing. Turnstyle operates in a competitive market with competitors including Purple, AreaMetrics, Locarise, Nearbuy Systems and LANDMARKS ID, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Retail
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Yelp Inc.
Operational Areas
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.1 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
    Yelp

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Yelp

    (Apr 04, 2017)

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Products & Services of Turnstyle

Turnstyle offers a comprehensive portfolio of products and services, including Yelp Business Page, Yelp Ads, Yelp Guest Manager, and Yelp Data Licensing.

Product name locked
Category locked
Primary

Free platform to manage online presence and respond to reviews.

Product name locked
Category locked
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Paid ads to target customers searching for local businesses.

Product name locked
Category locked
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Tool for restaurants to handle reservations and waitlists.

Product name locked
Category locked
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Provides business data for marketing and insights.

Funding Insights of Turnstyle

Turnstyle has successfully raised a total of $2.1M across 3 strategic funding rounds. 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 Turnstyle

Turnstyle has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Yelp and Ripple Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage venture capital is provided by Ripple Ventures.
Locked Locked Locked
Platform for discovering and sharing local businesses
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Investor details for Turnstyle

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  • Investor domains
  • Investor locations
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Turnstyle

Investments
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Investment portfolio details for Turnstyle

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Turnstyle

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Detailed financials for Turnstyle

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Turnstyle Comparisons

Turnstyle Primary company
Description
Customer analytics and location-based marketing are delivere...
Location
Toronto, Canada
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Turnstyle

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Competitors of Turnstyle

Turnstyle 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 Purple, AreaMetrics, Locarise, Nearbuy Systems and LANDMARKS ID, among others.

Company Name Domain Founded year HQ Location Description
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Wi-Fi-based in-store analytics solutions are provided for offline retailers.
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Analytics solutions for consumer insights are delivered via segmentation platforms.
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Retail analytics are provided for in-store traffic and customer insights.
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In-store Mobile Commerce
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Consumer insights are derived from mobile location data analysis.
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Detailed competitors of Turnstyle

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  • Domains and locations
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Latest news on Turnstyle

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Complete news archive for Turnstyle

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Frequently Asked Questions about Turnstyle

Turnstyle was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Turnstyle is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Turnstyle is a funded company, having raised a total of $2.1M across 3 funding rounds to date.

Turnstyle provides customer analytics and location based marketing technology by connecting with WiFi enabled smart devices as they move through a venue. It uses context to provide better targeted services to users. The company also provides free Wi-Fi in restaurants and bars, in exchange for some transfer of personal data. Third party integration via API and SDK is also available. Deployed in more than 850 locations (as of June 2014).

Turnstyle's top competitors include Purple, AreaMetrics and Nearbuy Systems.

Turnstyle offers Yelp Business Page, Yelp Ads, Yelp Guest Manager, and Yelp Data Licensing.

Turnstyle has 2 investors. Key investors include Yelp, and Ripple Ventures.

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