What is Turno?
Turno, formerly TurnoverBnB, operates as a Software-as-a-Service (SaaS) solution designed to integrate, automate, and simplify essential recurring property services, with a particular focus on cleaning for short-term rental owners and operators. The platform addresses the complexities of managing property turnovers, aiming to enhance efficiency and guest satisfaction. By providing a centralized system for scheduling and managing services, Turno empowers property managers and hosts to scale their operations effectively, reducing manual oversight and potential for error in a competitive hospitality landscape.
How much funding has Turno raised?
Turno has raised a total of $4.5M across 1 funding round:
Series A
$4.5M
Series A (2021): $4.5M with participation from RET Ventures and Blue Startups' companies
Key Investors in Turno
RET Ventures
RET Ventures is a venture capital firm that typically invests in innovative technology companies serving the real estate and property technology sectors.
Blue Startups' companies
Blue Startups is an accelerator and venture capital firm known for investing in early-stage technology companies, potentially focusing on disruptive solutions within various industries.
What's next for Turno?
The recent major strategic investment signifies a pivotal moment for Turno, likely enabling the company to accelerate product development, expand its market reach, and enhance its service offerings. With a focus on enterprise-level solutions, Turno is poised to further solidify its position as a leader in automating property management services for the short-term rental industry. Future growth may involve deeper integration with other hospitality platforms, expansion into new service verticals, and continued innovation in AI-driven operational efficiency. This strategic backing suggests a clear path toward scaling operations and capturing a larger share of the proptech market.
See full Turno company page
