Turntide Technologies Overview
- Founded
- 2013
- Status
- Private
- Employees
- 352
- Latest Deal Type
- Series C
- Latest Deal Amount
- $225M
- Investors
- 24
Turntide Technologies General Information
Description
Developer of an electric motor system designed to reduce electricity consumption and accelerate the transition from fossil fuels. The company's system leverages computing and software control with switched reluctance motor technology and is connected to precise controls via IoT, enabling clients to substantially save on space conditioning, maintenance, and refrigeration energy costs.
Contact Information
- 1295 Forgewood Avenue
- Sunnyvale, CA 94089
- United States
Turntide Technologies Timeline
Turntide Technologies Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Later Stage VC (Series C) | 30-Jun-2021 | $225M | 00000 | Completed | Generating Revenue | |
| 9. Later Stage VC (Series B) | 17-Nov-2021 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
| 8. Later Stage VC (Series A3) | 14-Oct-2020 | 000.00 | 00000 | 00000 | Completed | Generating Revenue |
| 7. Debt - PPP | 14-Apr-2020 | 00.000 | 000.00 | Completed | Generating Revenue | |
| 6. Later Stage VC (Series A2) | 28-Jan-2019 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
| 5. Grant | 01-Jan-2018 | 00000 | 000.00 | Completed | Generating Revenue | |
| 4. Early Stage VC (Series A1) | 24-Oct-2017 | 0000 | 000.00 | 0000 | Completed | Generating Revenue |
| 3. Accelerator/Incubator | 11-Jan-2017 | 00000 | 00000 | Completed | Generating Revenue | |
| 2. Grant | 01-Jan-2016 | $225K | $150K | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 10-Mar-2014 | $150K | $150K | 00000 | Completed | Generating Revenue |
Turntide Technologies Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | 00,000,000 | 00.000000 | 00.00 | 00 | 00 | 00 | 00 | 00.000 |
| Series A3 | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series A2 | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series A1 | 31,524,252 | $0.000100 | $0.04 | $0.52 | $0.52 | 1x | $0.52 | 9.44% |
| Series A | 6,000,000 | $0.000100 | $0.12 | $0.12 | $0.12 | 1x | $0.12 | 1.8% |
Turntide Technologies Comparisons
Industry
000 0000
000000
PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.
Request a free trialTurntide Technologies Competitors (5)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| The Switch (Power) | Formerly VC-backed | Helsinki, Finland | 000 | 000000&0 | ||
| 000000 | Corporate Backed or Acquired | Southborough, United Kingdom | 00 | 000000&0 | ||
| 000000000 00000000 | Venture Capital-Backed | Round Rock, TX | 00 | 000.00 | 00000 00000 | |
| 0000000 00000000 | Formerly VC-backed | 000 | 00000 | 000000&0 | ||
| 000 000000 | Private Equity-Backed | Vsetin, Czech Republic | 000 | 000000000000 |
Turntide Technologies Patents
Turntide Technologies Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20200366231-A1 | Low-noise, high rotor pole switched reluctance motor | Pending | 16-May-2019 | 0000000000 | |
| US-20200177042-A1 | Shaped stator windings for a switched reluctance machine and method of making the same | Pending | 12-Oct-2018 | 00000000 | |
| CA-3104343-A1 | Shaped stator windings for a switched reluctance machine and method of making the same | Pending | 12-Oct-2018 | 000000000 | |
| EP-3807976-A1 | Shaped stator windings for a switched reluctance machine and method of making the same | Pending | 12-Oct-2018 | 000000000 | |
| EP-3807976-A4 | Shaped stator windings for a switched reluctance machine and method of making the same | Pending | 12-Oct-2018 | H02K1/145 | 0 |
Turntide Technologies Executive Team (14)
Turntide Technologies Board Members (12)
| Name | Representing | Role | Since |
|---|---|---|---|
| Christopher Rivest | Breakthrough Energy Ventures | Board Member | 000 0000 |
| Gordon Hunter | Turntide Technologies | Board Member | 000 0000 |
| John Bannon | Turntide Technologies | Board Member | 000 0000 |
| Kim Kolt | For Good Ventures | Board Member | 000 0000 |
| Prith Banerjee Ph.D | Self | Board Member | 000 0000 |
Turntide Technologies Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialTurntide Technologies Investors (24)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Captain Planet | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Fifth Wall | Venture Capital | Minority | 000 0000 | 000000 0 | |
| FootPrint Coalition | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Keyframe Capital Partners | Asset Manager | Minority | 000 0000 | 000000 0 | |
| Breakthrough Energy Ventures | Impact Investing | Minority | 000 0000 | 000000 0 |
Turntide Technologies Investments & Acquisitions (8)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0000 00000000 | 30-Jun-2021 | 0000000000 | Electrical Equipment | 0000 0000 | |
| 0000000000 (0 | 08-Jun-2021 | 0000000000 | Industrial Supplies and Parts | 0000 0000 | |
| 0000000000 00 | 08-Jun-2021 | 0000000000 | Energy Storage | 0000 0000 | |
| 000000000 | 05-May-2021 | 0000 00000 | 00.000 | Business/Productivity Software | 0000 0000 |
| Encycle | 30-Apr-2021 | Later Stage VC | 00.00 | Alternative Energy Equipment | 0000 0000 |
Turntide Technologies Subsidiaries (5)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Riptide (Business/Productivity Software) | Business/Productivity Software | Santa Barbara, CA | 2012 |
| 0000000000 0000000 | Energy Storage | Sunderland, United Kingdom | 0000 |
| 000-00000 | Animal Husbandry | Chippewa Falls, WI | 0000 |
| 0000 0000000000 (0 | Electrical Equipment | Cramlington, United Kingdom | 0000 |
| 00000 0000 0000000 | Animal Husbandry | Abbotsford, Canada | 0000 |