What is Turn5?
Turn 5, Inc., founded in 2003 and based in Paoli, Pennsylvania, operates as a prominent online retailer specializing in automotive aftermarket parts and accessories. The company's extensive catalog includes a wide array of products such as computer accessories, cases, molding supplies, body kits, brakes, drive trains, engines, exhaust parts, exterior and interior components, intake parts, lighting, restoration systems, suspension parts, tires, tuners, and wheels. This comprehensive offering positions Turn5 as a key destination for automotive enthusiasts seeking to customize, repair, or enhance their vehicles.
How much funding has Turn5 raised?
Turn5 has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Turn5
PPP
Public-Private Partnership
What's next for Turn5?
The recent major strategic investment signals a new phase of expansion and development for Turn5. This capital infusion is expected to fuel initiatives aimed at enhancing the e-commerce platform, broadening product lines, and potentially exploring new market segments. The company's focus on enterprise-level funding suggests a strategy geared towards scaling operations and solidifying its competitive advantage in the automotive aftermarket industry.
See full Turn5 company page