How Much Did Flipturn Raise?
Funding & Key Investors

Flipturn, a New York-based innovator in the fleet electrification sector, has successfully secured a major strategic investment, bringing its total capital infusion to $15.5M. This latest financing round, which contributed $11M to the company's balance sheet, underscores the growing market demand for sophisticated software solutions capable of managing complex electric vehicle (EV) ecosystems at scale. By consolidating data across vehicles and charging infrastructure, Flipturn is positioning itself as a critical utility for modern logistics and transportation enterprises.

What is Flipturn?

Flipturn
SoftwareSupply Chain Management (SCM) SoftwareBusiness Intelligence (BI) Software

Founded in 2022, Flipturn provides a specialized fleet operations system known as Flipturn Connect. The platform serves as a centralized command center for organizations transitioning to electric fleets, offering real-time visibility into vehicle performance, driver efficiency, and utility expenditure. By integrating disparate data streams into a single dashboard, the company addresses the primary friction points of EV adoption, such as charging downtime and energy cost volatility. Flipturn operates at the intersection of industrial IoT and sustainable logistics, providing the analytical rigor necessary for large-scale fleet electrification.

How much funding has Flipturn raised?

Flipturn has raised a total of $15.5M across 2 funding rounds:

2023

Angel/Seed

$4.5M

2024

Series A

$11M

Angel/Seed (2023): $4.5M with participation from Accel, Background Capital, and Comma Capital

Series A (2024): $11M led by Accel and Crv

Key Investors in Flipturn

Accel

A global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth, focusing on supporting innovative entrepreneurs.

Crv

A seasoned investment firm with a long history of supporting high-growth companies, providing the strategic guidance necessary for scaling operations in competitive markets.

3 Comma Capital

A venture capital firm that partners with innovative entrepreneurs to empower emerging industry leaders, focusing on businesses with strong teams and clear visions.

What's next for Flipturn?

With this major enterprise-level funding, Flipturn is poised to accelerate its product development roadmap and expand its market footprint. The capital will likely be deployed to enhance the predictive capabilities of the Connect platform, enabling deeper insights into grid-integrated charging and long-term asset lifecycle management. As the regulatory and economic pressure to decarbonize commercial transport intensifies, Flipturn's ability to provide actionable intelligence will be a key differentiator. The company is expected to focus on scaling its sales operations and deepening its integration with major EV manufacturers and utility providers to solidify its position as a foundational layer in the future of sustainable fleet management.

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Frequently Asked Questions Regarding Flipturn Financial Insights

What are the most recent funding rounds that Flipturn has completed, and what were the funding rounds?
Flipturn has recently completed 2 funding rounds: Series A on Nov 29, 2024, Angel/Seed on Jul 27, 2023.
What is the total amount of funding Flipturn has raised to date?
Flipturn has raised a total of $15.5M in funding to date.
How many funding rounds has Flipturn completed?
Flipturn has completed 2 funding rounds.
How much funding did Flipturn raise in its most recent funding round?
Flipturn raised $11M in its most recent funding round.
Who are the lead investors in Flipturn's latest funding round?
The lead investor in Flipturn's latest funding round was Accel. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Flipturn's history?
The largest funding round in Flipturn's history was $11M.
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