What is Turvo?
Founded in 2014, Turvo operates at the intersection of enterprise software and logistics management. The company provides a comprehensive, cloud-native platform designed to bridge the communication gap between disparate stakeholders in the supply chain. By integrating mobile applications with sophisticated backend software, Turvo enables real-time collaboration, effectively reducing friction in complex logistics networks. Headquartered in the San Francisco Bay Area with a global footprint spanning Boston and Hyderabad, the firm is strategically positioned to address the increasing demand for digital transformation in the global freight and transportation industry.
How much funding has Turvo raised?
Turvo has raised a total of $85M across 2 funding rounds:
Series A
$25M
Series B
$60M
Series A (2017): $25M with participation from Upside Partnership, Felicis Ventures, Activant Capital Group, and Slow Ventures
Series B (2018): $60M led by Siemens Venture Capital, G2 Venture Partners, and Mubadala Ventures
Key Investors in Turvo
Siemens Venture Capital
Siemens Venture Capital GmbH is a specialized investment arm focusing on the Venture Capital and Private Equity sectors, providing strategic backing to industrial technology innovators.
G2 Venture Partners
G2 Venture Partners focuses on transformative technologies that revolutionize traditional industries, with a specific mandate to support companies that enhance sustainability and operational efficiency.
Mubadala Ventures
Mubadala Ventures is a global investment firm that partners with high-growth technology companies to drive long-term value creation and industrial modernization.
What's next for Turvo?
Following this major strategic investment, Turvo is poised to scale its enterprise-level operations and expand its market reach. The capital infusion will likely be directed toward enhancing the platform's AI-driven analytics capabilities and deepening its integration ecosystem. As the logistics sector continues to prioritize resilience and efficiency, Turvo's focus on real-time, collaborative software positions it to capture significant market share. The company's roadmap suggests a continued emphasis on automating complex workflows, which will be essential for maintaining its competitive edge as it transitions from a high-growth startup to an established enterprise infrastructure provider.
See full Turvo company page
