Companies · Software / Tech

Turntide Technologies Inc.

SUNNYVALE · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Turntide Technologies Inc. — recommendation, valuation, rhythm, risks.
$171.2M
Total raised · real
4
Rounds
1.7×
Latest step-up
Top 4%
Sector rank · raised
Series C
Latest stage · inferred · Tue Nov 17 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Turntide Technologies Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.49× the median modeled value of Series C Software / Tech companies in 2019–2021 (58 peers) — value vs value, same stage and era.
  • Within the normal band (149% of peer median) for its niche.
Dormant
  • Last raise 5.6 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Software / Tech

Turntide Technologies Inc. is one of 3920 Software / Tech companies tracked from SUNNYVALE. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
19
Investors (latest)
2020-11-17
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$1.3B$2.5B$3.8B$5.0BSeries A · 2017-10-27 Raised $11M (real) Modeled valuation $304M (est)$11M$304MSeries A2017Series B · 2018-06-08 Raised $22M (real) Modeled valuation $657M (est)$22M$657MSeries B2018Series A · 2018-06-08 Raised $14M (real) Modeled valuation $383M (est)$14M$383MSeries A2018Series C · 2020-09-24 Raised $59M (real) Modeled valuation $1.7B (est)$59M$1.7BSeries C2020Series C · 2020-11-17 Raised $48M (real) Modeled valuation $1.3B (est)$48M$1.3BSeries C2020Series C · 2020-11-17 Raised $80M (real) Modeled valuation $2.2B (est)$80M$2.2BSeries C2020+$22M+$14M+$59M+$48M+$80MCumulative $233M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$11.0M · 2017
Series B$21.6M · 2018
Bridge · Series B-stage$13.8M · 2018smaller follow-on
Series C$58.7M · 2020
Series C extension$47.9M · 2020
Series C extension$80.0M · 2020

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$2.2B
Base estimate est.
$303.1M
Conservative case
$5.6B
Upside case
$533.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series A · modeled $304.2M · 2017-10-272017Series B · modeled $656.6M · 2018-06-08Series A · modeled $383.1M · 2018-06-08Series C · modeled $1.7B · 2020-09-24Series C · modeled $1.3B · 2020-11-17Series C · modeled $2.2B · 2020-11-172020
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
76%
Survival probability
57% low · 88% high
1.35×/yr
Annual markup
1.55×/yr upside case
5.6 yr
Elapsed time used
5.6 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$56.0M/yr
Capital velocity
8.7 yr
On record since
2017
First round
6
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 37× above median
This company$171.2M
Sector median$4.6M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.6× above median
This company$80.0M
Sector median$51.0M
Modeled value — vs sector median (estimate, all stages) 61× above median
This company$2.2B
Sector median$36.6M

Raised more than 97% of sector peers (real $). Modeled value above 98% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #5 of 58.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Romeo Systems, Inc. · Series C Raised $88.6M · modeled $2.8B (est)Enjoy Technology, Inc. · Series C Raised $151.5M · modeled $2.4B (est)Aircall.io, Inc. · Series C Raised $100.0M · modeled $2.3B (est)Jane Technologies, Inc. · Series C Raised $121.0M · modeled $2.3B (est)Lark Technologies, Inc. · Series C Raised $145.3M · modeled $2.1B (est)Sirius Computer Solutions Holdco, Lp · Series C Raised $66.6M · modeled $2.1B (est)Palmetto Clean Technology, Inc. · Series C Raised $110.4M · modeled $2.1B (est)Tackle.io, Inc. · Series C Raised $148.6M · modeled $2.0B (est)Fin Technologies, Inc. · Series C Raised $75.2M · modeled $1.9B (est)Hyper Labs, Inc. · Series C Raised $272.0M · modeled $1.9B (est)Novo Platform Inc. · Series C Raised $138.0M · modeled $1.9B (est)Turntide Technologies Inc. (this company) Raised $171.2M · modeled $2.2B (est)Turntide Technologies Inc.
CompanyStageRaised · realValue · estvs peer med.
Romeo Systems, Inc.Series C$88.6M$2.8B1.85×
Enjoy Technology, Inc.Series C$151.5M$2.4B1.57×
Aircall.io, Inc.Series C$100.0M$2.3B1.56×
Jane Technologies, Inc.Series C$121.0M$2.3B1.52×
Turntide Technologies Inc. this companySeries C$171.2M$2.2B1.49×
Lark Technologies, Inc.Series C$145.3M$2.1B1.40×
Sirius Computer Solutions Holdco, LpSeries C$66.6M$2.1B1.39×
Palmetto Clean Technology, Inc.Series C$110.4M$2.1B1.39×
Tackle.io, Inc.Series C$148.6M$2.0B1.35×
Fin Technologies, Inc.Series C$75.2M$1.9B1.27×
Hyper Labs, Inc.Series C$272.0M$1.9B1.26×
Novo Platform Inc.Series C$138.0M$1.9B1.24×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$11.0M2017-10-27$49.8M$304.2M90%
Series B$21.6M2018-06-08$119.8M$656.6M90%
Series A$13.8M2018-06-08$62.8M$383.1M90%
Series C$58.7M2020-09-24$391.2M$1.7B90%
Series C$47.9M2020-11-17$319.1M$1.3B90%
Series C$80.0M2020-11-17$533.3M$2.2B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$11.0M2017-10-27
    • First recorded raise — entered as Series A.
    • 28 investors on this round.
  2. Series B$21.6M2018-06-08
    • Came back fast: 7 mo vs the ~13 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 5 investors on this round.
  3. Series A$13.8M2018-06-08
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  4. Series C$58.7M2020-09-24
    • Raised again after 28 mo — slower than the ~13 mo sector norm.
    • Round 4.2× larger than the prior — scaling up.
    • 11 investors on this round.
  5. Series C$47.9M2020-11-17
    • Came back fast: 2 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 7 investors on this round.
  6. Series C$80.0M2020-11-17
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× larger than the prior — scaling up.
    • 19 investors on this round.
Intelligence
2021 ~Q2
Modeled next raise · ~7mo cadence
$133.7M
Modeled next size est.range $86.9M$213.9M
1.7×
Last step-up
$56.0M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Shvetank Jain6 other2017-10
Chris Rivest4 other2020-11
Greg Smithies2 other2020-11
Mark Johnston2 other2017-10
Richard Linder2 other2018-06
Sergey Polikarpov2 other2020-11
Kim Kolt1 other2020-11
Nilesh Patel1 other2020-11
Ryan Morris1 other2017-10
Gordon Hunter2017-10
John Bannon2017-10
Prith Banerjee2020-09
Robert Flohr2018-06
Shventank Jain2018-06
Registry & provenance

Turntide Technologies Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1721475
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
SiMa Technologies, Inc.Software / TechSeries C$167.8M$1.3Bsame sector · same stage
Federato Technologies, Inc.Software / TechSeries C$175.0M$622.5Msame sector · same stage
Incode Technologies, Inc.Software / TechSeries C$164.0M$1.5Bsame sector · same stage
Quanergy Systems, Inc.Software / TechSeries C$179.6M$630.4Msame sector · same stage
TakeOff Technologies, Inc.Software / TechSeries C$161.8M$1.7Bsame sector · same stage
Valon Technologies, Inc.Software / TechSeries C$161.4M$639.0Msame sector · same stage
Speakeasy Labs, Inc.Software / TechSeries C$161.0M$649.4Msame sector · same stage
Starship Technologies Holdings, Inc.Software / TechSeries C$183.7M$910.8Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Turn Technologies, Inc.Software / TechSeries A$49.6M93%
Turn Systems CorpSoftware / TechSeries A$94.0M89%
Revenant Technologies Inc.Software / TechSeries A$13.2M87%
Turnstile Software Inc.Software / TechSeries B$124.7M86%
Revir Technologies, Inc.Software / TechSeed$16.5M86%
ReVert Technologies, Inc.Software / TechSeed$6.6M86%
Entigral Systems, Inc.Software / TechPre-Seed$4.4M85%
Reve Labs Inc.Software / TechSeed$2.3M85%
Frequently asked
How much funding has Turntide Technologies Inc. raised?
Turntide Technologies Inc. has raised approximately $171.2M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Turntide Technologies Inc.'s estimated valuation?
Provath's modeled valuation for Turntide Technologies Inc. is approximately $2.2B (modeled range $303.1M–$5.6B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Turntide Technologies Inc. at?
Turntide Technologies Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Tue Nov 17.
What does Turntide Technologies Inc. do and where is it based?
Turntide Technologies Inc. operates in the Software / Tech sector, based in SUNNYVALE.
Explore related

See where Turntide Technologies Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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