About Turo
Turo is a company based in Helsinki (Finland) founded in 1938 was acquired by CapMan in June 1997. It operates as a Direct-to-Consumer (D2C). Turo offers products and services including Suits, Blazers, and Shoes.
- Headquarter Helsinki, Finland
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Products & Services of Turo
Turo offers a comprehensive portfolio of products and services, including Suits, Blazers, and Shoes. 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.
High-quality suits are offered for men’s formal wear.
Stylish blazers are provided for versatile men’s fashion.
Premium footwear is sold under the Loake brand.
Funding Insights of Turo
| 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 Turo
Turo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include CapMan. 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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Diversified investment management firm
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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 Turo
| 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 - Turo
| 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 |
Turo Comparisons
Competitors of Turo
| 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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Frequently Asked Questions about Turo
When was Turo founded?
Turo was founded in 1938.
Where is Turo located?
Turo is headquartered in Helsinki, Finland.
What does Turo do?
Turo is established as a Finnish international brand specializing in mens clothing, particularly suits and formal wear. High-quality and timeless designs are crafted, focusing on premium materials and detailed craftsmanship. The company operates in the apparel sector, offering a range of products including suits, blazers, trousers, shirts, and accessories. Stores are maintained in key Finnish cities, ensuring accessibility to seasonal collections. Custom tailoring services are also provided to meet individual customer needs.
What products or services does Turo offer?
Turo offers Suits, Blazers, and Shoes.
Who are Turo's investors?
Turo has 1 investor. Key investors include CapMan.