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Turntide valuation, funding and investors

Turntide works in electric motor manufacturing, based in Alpharetta, United States. Founded in 2013, it has about 204 employees.

VALUATION · TODAY
$331M −8% after Growth
Range $44.8M – $978M · Grade D
TODAY
+12 MO
$500M
$1.00B
$1.50B
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series A $31.4M
Series B $25.0M
Growth $33.0M
Growth $80.0M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY204 employees
−5%6m growth
−5%1y growth
−11%2y growth
250
500
Data from Jan 2021
TODAY
Predicted in 1 yr $304M −8% vs today
Predicted next raise $70.0M if a round comes
Winding-down probability 40%
Last round
Growth · $80.0M · Mar 2021
Valuation at last round
$596M · implied
Headcount
204 · flat
Grade
D
Founded
2013
How VCMC values companies →

Turntide valuation today

VCMC values Turntide at $331M today, with a range of $44.8M to $978M and a grade of D. The valuation starts from its last funding round, a growth round in Mar 2021.

Valuation by date (171 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Turntide: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2013$5.09M$1.85M – $14.0M$5.34M (+5%)before first round–unknownD0%
1 Feb 2013$5.11M$1.86M – $14.0M$5.36M (+5%)before first round–unknownD0%
1 Mar 2013$5.13M$1.87M – $14.1M$5.38M (+5%)before first round–unknownD0%
1 Apr 2013$5.15M$1.88M – $14.2M$5.40M (+5%)before first round–unknownD0%
1 May 2013$5.17M$1.88M – $14.2M$5.42M (+5%)before first round–unknownD0%
1 Jun 2013$5.19M$1.89M – $14.3M$5.44M (+5%)before first round–unknownD0%
1 Jul 2013$5.21M$1.90M – $14.3M$5.46M (+5%)before first round–unknownD0%
1 Aug 2013$5.23M$1.91M – $14.4M$5.48M (+5%)before first round–unknownD0%
1 Sep 2013$5.25M$1.91M – $14.4M$5.51M (+5%)before first round–unknownD0%
1 Oct 2013$5.27M$1.92M – $14.5M$5.53M (+5%)before first round–unknownD0%
1 Nov 2013$5.30M$1.93M – $14.5M$5.55M (+5%)before first round–unknownD0%
1 Dec 2013$5.32M$1.94M – $14.6M$5.57M (+5%)before first round–unknownD0%
1 Jan 2014$5.34M$1.94M – $14.7M$5.59M (+5%)before first round–unknownD0%
1 Feb 2014$5.36M$1.95M – $14.7M$5.62M (+5%)before first round–unknownD0%
1 Mar 2014$5.38M$1.96M – $14.8M$5.64M (+5%)before first round–unknownD0%
1 Apr 2014$5.40M$1.97M – $14.8M$5.66M (+5%)before first round–unknownD0%
1 May 2014$5.42M$1.97M – $14.9M$5.68M (+5%)before first round–unknownD0%
1 Jun 2014$5.44M$1.98M – $14.9M$5.70M (+5%)before first round–unknownD0%
1 Jul 2014$5.46M$1.99M – $15.0M$5.72M (+5%)before first round–unknownD0%
1 Aug 2014$5.48M$2.00M – $15.1M$5.75M (+5%)before first round–unknownD0%
1 Sep 2014$5.51M$2.00M – $15.1M$5.77M (+5%)before first round–unknownD0%
1 Oct 2014$5.53M$2.01M – $15.2M$5.79M (+5%)before first round–unknownD0%
1 Nov 2014$5.55M$2.02M – $15.2M$5.82M (+5%)before first round–unknownD0%
1 Dec 2014$5.57M$2.03M – $15.3M$5.84M (+5%)before first round–unknownD0%
1 Jan 2015$5.59M$2.04M – $15.4M$5.86M (+5%)before first round–unknownD0%
1 Feb 2015$5.62M$2.04M – $15.4M$5.88M (+5%)before first round–unknownD0%
1 Mar 2015$5.64M$2.05M – $15.5M$5.91M (+5%)before first round–unknownD0%
1 Apr 2015$5.66M$2.06M – $15.5M$5.93M (+5%)before first round–unknownD0%
1 May 2015$5.68M$2.07M – $15.6M$5.95M (+5%)before first round–unknownD0%
1 Jun 2015$5.70M$2.08M – $15.7M$5.98M (+5%)before first round–unknownD0%
1 Jul 2015$5.72M$2.08M – $15.7M$6.00M (+5%)before first round–unknownD0%
1 Aug 2015$5.75M$2.09M – $15.8M$6.15M (+7%)before first round–unknownD0%
1 Sep 2015$5.77M$2.10M – $15.8M$6.32M (+10%)before first round–unknownD0%
1 Oct 2015$5.79M$2.11M – $15.9M$6.49M (+12%)before first round–unknownD0%
1 Nov 2015$5.82M$2.12M – $16.0M$6.66M (+15%)before first round–unknownD0%
1 Dec 2015$5.84M$2.13M – $16.0M$6.84M (+17%)before first round–unknownD0%
1 Jan 2016$5.86M$2.13M – $16.1M$7.03M (+20%)before first round–unknownD0%
1 Feb 2016$5.88M$2.14M – $16.2M$7.22M (+23%)before first round–unknownD0%
1 Mar 2016$5.91M$2.15M – $16.2M$7.40M (+25%)before first round–unknownD0%
1 Apr 2016$5.93M$2.16M – $16.3M$7.60M (+28%)before first round–unknownD0%
1 May 2016$5.95M$2.17M – $16.4M$7.80M (+31%)before first round–unknownD0%
1 Jun 2016$5.98M$2.18M – $16.4M$8.01M (+34%)before first round–unknownD0%
1 Jul 2016$6.00M$2.18M – $16.5M$8.22M (+37%)before first round–unknownD0%
1 Aug 2016$6.16M$2.24M – $16.9M$8.44M (+37%)before first round–unknownD0%
1 Sep 2016$6.33M$2.30M – $17.4M$8.67M (+37%)before first round–unknownD0%
1 Oct 2016$6.49M$2.36M – $17.8M$8.90M (+37%)before first round–unknownD0%
1 Nov 2016$6.67M$2.43M – $18.3M$9.14M (+37%)before first round–unknownD0%
1 Dec 2016$6.84M$2.49M – $18.8M$9.38M (+37%)before first round–unknownD0%
1 Jan 2017$7.03M$2.56M – $19.3M$9.63M (+37%)before first round–unknownD0%
1 Feb 2017$7.22M$2.63M – $19.8M$9.89M (+37%)before first round–unknownD0%
1 Mar 2017$7.39M$2.69M – $20.3M$10.1M (+37%)before first round–unknownD0%
1 Apr 2017$7.59M$2.76M – $20.9M$10.4M (+37%)before first round–unknownD0%
1 May 2017$7.79M$2.84M – $21.4M$10.7M (+37%)before first round–unknownD0%
1 Jun 2017$8.00M$2.91M – $22.0M$11.0M (+37%)before first round–unknownD0%
1 Jul 2017$8.21M$2.99M – $22.6M$11.3M (+37%)before first round–unknownD0%
1 Aug 2017$8.44M$3.07M – $23.2M$11.6M (+37%)before first round–unknownD0%
1 Sep 2017$8.67M$3.15M – $23.8M$11.9M (+37%)before first round–unknownD0%
1 Oct 2017$8.89M$3.24M – $24.4M$12.2M (+37%)before first round–unknownD0%
1 Nov 2017$9.14M$3.33M – $25.1M$12.5M (+37%)before first round–unknownD0%
1 Dec 2017$9.37M$3.41M – $25.8M$12.9M (+37%)before first round–unknownD0%
1 Jan 2018$9.63M$3.51M – $26.5M$13.2M (+37%)before first round–unknownD0%
1 Feb 2018$9.89M$3.60M – $27.2M$13.6M (+37%)before first round–unknownD0%
1 Mar 2018$10.1M$3.69M – $27.8M$13.9M (+37%)before first round–unknownD0%
1 Apr 2018$10.4M$3.79M – $28.6M$14.3M (+37%)before first round–unknownD0%
1 May 2018$10.7M$3.89M – $29.3M$14.6M (+37%)before first round–unknownD0%
1 Jun 2018$11.0M$3.99M – $30.1M$15.0M (+37%)before first round–unknownD0%
1 Jul 2018$11.3M$4.10M – $30.9M$15.4M (+37%)before first round–unknownD0%
1 Aug 2018$11.6M$4.21M – $31.8M$15.6M (+35%)before first round–unknownD0%
1 Sep 2018$11.9M$4.33M – $32.6M$15.7M (+32%)before first round–unknownD0%
1 Oct 2018$12.2M$4.44M – $33.5M$15.9M (+30%)before first round–unknownD0%
1 Nov 2018$12.5M$4.56M – $34.4M$16.0M (+28%)before first round–unknownD0%
1 Dec 2018$12.9M$4.68M – $35.3M$16.2M (+26%)before first round–unknownD0%
1 Jan 2019$13.2M$4.81M – $36.3M$16.3M (+24%)before first round–unknownD0%
1 Feb 2019$13.6M$4.94M – $37.3M$16.5M (+21%)before first round–unknownD0%
1 Mar 2019$13.9M$5.06M – $38.2M$16.6M (+19%)before first round–unknownD0%
1 Apr 2019$14.3M$5.20M – $39.2M$16.8M (+17%)before first round–unknownD0%
1 May 2019$14.6M$5.33M – $40.2M$16.9M (+15%)before first round–unknownD0%
1 Jun 2019$15.0M$5.48M – $41.3M$17.1M (+13%)before first round–unknownD0%
26 Jun 2019$175M$115M – $478M$314M (+80%)after a round–unknownC0%
1 Jul 2019$176M$115M – $478M$314M (+78%)after a round–unknownC0%
1 Aug 2019$185M$115M – $478M$314M (+70%)after a round–unknownC0%
1 Sep 2019$195M$115M – $478M$314M (+61%)after a round–unknownC0%
1 Oct 2019$204M$115M – $478M$314M (+54%)after a round–unknownC0%
1 Nov 2019$215M$115M – $478M$314M (+46%)after a round–unknownC0%
1 Dec 2019$225M$115M – $478M$314M (+39%)after a round–unknownC0%
1 Jan 2020$179M$117M – $408M$268M (+50%)after a round–unknownC0%
2 Jan 2020$179M$117M – $408M$268M (+50%)after a round–unknownC0%
1 Feb 2020$185M$117M – $408M$268M (+45%)after a round–unknownC0%
1 Mar 2020$191M$117M – $408M$268M (+40%)after a round–unknownC0%
1 Apr 2020$198M$117M – $408M$268M (+36%)after a round–unknownC0%
1 May 2020$204M$117M – $408M$268M (+31%)after a round–unknownC0%
1 Jun 2020$211M$117M – $408M$268M (+27%)after a round–unknownC0%
1 Jul 2020$219M$117M – $408M$268M (+23%)after a round–unknownC0%
1 Aug 2020$226M$117M – $408M$268M (+18%)after a round–unknownC0%
1 Sep 2020$234M$117M – $408M$268M (+14%)after a round–unknownC0%
25 Sep 2020$317M$224M – $495M$349M (+10%)after a round–unknownB0%
1 Oct 2020$318M$224M – $495M$349M (+10%)after a round–unknownB0%
1 Nov 2020$320M$224M – $495M$349M (+9%)after a round–unknownB0%
1 Dec 2020$323M$224M – $495M$349M (+8%)after a round–unknownB0%
1 Jan 2021$326M$224M – $495M$349M (+7%)after a round94unknownB0%
1 Feb 2021$328M$224M – $495M$349M (+6%)after a round94unknownB0%
1 Mar 2021$331M$224M – $495M$349M (+6%)after a round94unknownB0%
4 Mar 2021$596M$420M – $931M$656M (+10%)after a round94unknownB0%
1 Apr 2021$601M$420M – $931M$656M (+9%)after a round94flatB0%
1 May 2021$606M$420M – $931M$656M (+8%)after a round94flatB0%
1 Jun 2021$610M$420M – $931M$656M (+7%)after a round94flatB0%
1 Jul 2021$615M$420M – $931M$656M (+7%)after a round94flatB0%
1 Aug 2021$620M$420M – $931M$656M (+6%)after a round94flatB0%
1 Sep 2021$625M$420M – $931M$656M (+5%)after a round94flatB0%
1 Oct 2021$630M$420M – $931M$656M (+4%)after a round94flatB0%
1 Nov 2021$635M$420M – $931M$656M (+3%)after a round94flatB0%
1 Dec 2021$640M$420M – $931M$656M (+2%)after a round94flatB0%
1 Jan 2022$646M$420M – $931M$656M (+2%)after a round94flatB0%
1 Feb 2022$651M$420M – $931M$656M (+1%)after a round94flatB0%
1 Mar 2022$656M$420M – $931M$656M (0%)after a round94flatB0%
1 Apr 2022$916M$583M – $1.3B$916M (0%)after a round430growingB0%
1 May 2022$916M$579M – $1.3B$916M (0%)after a round430growingB0%
1 Jun 2022$916M$574M – $1.3B$916M (0%)after a round430growingB0%
1 Jul 2022$916M$570M – $1.3B$916M (0%)after a round430growingB0%
1 Aug 2022$916M$566M – $1.3B$916M (0%)after a round430growingB0%
1 Sep 2022$916M$561M – $1.3B$916M (0%)after a round430growingB0%
1 Oct 2022$916M$557M – $1.3B$916M (0%)after a round430growingB0%
1 Nov 2022$916M$394M – $1.3B$916M (0%)after a round430unknownB0%
1 Dec 2022$916M$375M – $1.3B$916M (0%)after a round430unknownC0%
1 Jan 2023$700M$347M – $1.2B$538M (-23%)after a round380downC62%
1 Feb 2023$687M$330M – $1.2B$527M (-23%)after a round380downC62%
1 Mar 2023$675M$315M – $1.2B$518M (-23%)after a round380downC62%
1 Apr 2023$647M$299M – $1.2B$474M (-27%)after a round380downC62%
1 May 2023$634M$285M – $1.2B$462M (-27%)after a round380downC62%
1 Jun 2023$621M$271M – $1.2B$450M (-28%)after a round380downC62%
1 Jul 2023$609M$258M – $1.2B$438M (-28%)after a round380downC62%
1 Aug 2023$596M$245M – $1.2B$426M (-29%)after a round380downC62%
1 Sep 2023$584M$233M – $1.2B$415M (-29%)after a round380downC62%
1 Oct 2023$431M$215M – $1.2B$258M (-40%)after a round330downC97%
1 Nov 2023$443M$204M – $1.2B$273M (-38%)after a round330downC89%
1 Dec 2023$455M$194M – $1.2B$288M (-37%)after a round330downC82%
1 Jan 2024$467M$185M – $1.2B$303M (-35%)after a round330downC76%
1 Feb 2024$295M$169M – $679M$164M (-44%)after a round280shrinkingC97%
1 Mar 2024$279M$159M – $655M$155M (-45%)after a round260shrinkingC97%
1 Apr 2024$252M$151M – $515M$153M (-39%)after a round260shrinkingC97%
1 May 2024$241M$144M – $500M$147M (-39%)after a round260shrinkingC97%
1 Jun 2024$230M$136M – $485M$141M (-39%)after a round260shrinkingC97%
1 Jul 2024$220M$130M – $470M$135M (-39%)after a round260shrinkingC97%
1 Aug 2024$205M$120M – $444M$126M (-39%)after a round230shrinkingC97%
1 Sep 2024$196M$114M – $430M$120M (-39%)after a round230shrinkingC97%
1 Oct 2024$188M$109M – $418M$115M (-39%)after a round230shrinkingC97%
1 Nov 2024$178M$102M – $401M$109M (-39%)after a round220shrinkingC97%
1 Dec 2024$170M$97.4M – $389M$105M (-39%)after a round220shrinkingC97%
1 Jan 2025$163M$92.6M – $377M$100M (-38%)after a round220shrinkingC97%
1 Feb 2025$155M$88.0M – $365M$99.9M (-36%)after a round220shrinkingC97%
1 Mar 2025$149M$84.0M – $355M$99.9M (-33%)after a round220shrinkingC97%
1 Apr 2025$148M$79.9M – $391M$99.9M (-32%)after a round220shrinkingC97%
1 May 2025$193M$76.0M – $984M$145M (-25%)after a round220downD97%
1 Jun 2025$187M$72.2M – $981M$145M (-22%)after a round220downD97%
1 Jul 2025$179M$68.5M – $973M$145M (-19%)after a round216downD97%
1 Aug 2025$173M$65.0M – $968M$144M (-16%)after a round214downD97%
1 Sep 2025$187M$61.7M – $969M$164M (-12%)after a round214downD89%
1 Oct 2025$203M$58.8M – $971M$185M (-9%)after a round215flatD82%
1 Nov 2025$218M$55.8M – $971M$206M (-6%)after a round214flatD76%
1 Dec 2025$233M$53.2M – $972M$227M (-3%)after a round214flatD70%
1 Jan 2026$249M$50.5M – $973M$249M (0%)after a round214flatD64%
1 Feb 2026$271M$50.4M – $976M$271M (0%)after a round214flatD59%
1 Mar 2026$293M$50.4M – $979M$293M (0%)after a round214flatD54%
1 Apr 2026$314M$50.4M – $982M$280M (-11%)after a round214flatD50%
1 May 2026$331M$49.7M – $972M$298M (-10%)after a round202flatD46%
1 Jun 2026$352M$49.7M – $974M$319M (-9%)after a round202flatD42%
1 Jul 2026$372M$49.7M – $976M$340M (-9%)after a round202flatD39%
1 Aug 2026$345M$49.6M – $971M$312M (-10%)after a round199flatD43%
1 Sep 2026$345M$49.6M – $971M$312M (-10%)after a round199flatD43%
1 Oct 2026$367M$49.8M – $978M$335M (-9%)after a round204flatD40%
24 Oct 2026$331M$44.8M – $978M$304M (-8%)after a round204flatD40%

Key facts about Turntide

Founded
2013
Headquarters
Alpharetta, United States
Employees
about 204 -5% in a year
Total raised
$417M
Funding rounds
6
Last round
Grant Aug 2026

Turntide was founded in 2013 by Piyush Desai and Ryan Morris.

Turntide funding history

Turntide has 6 funding rounds on record, from Jun 2019 to Aug 2026, $417M in total. None disclosed a valuation.

  1. Grant 10 Aug 2026no round page

    With U.K. Government, Advanced Propulsion Centre U.K. (APC).

    Sources: turntide.com, uk.finance.yahoo.com, turntide.com

    $23M

  2. Debt 30 Jun 2021no round page

    Led by Canada Pension Plan Investment Board, Monashee Investment Management LLC, JLL Spark; with Breakthrough Energy, Captain Planet LP, Suvretta Capital Management, Amazon's Climate Pledge Fund, BMW i Ventures, FootPrint Coalition.

    Sources: prnewswire.com, techcrunch.com, chargedevs.com and 2 more

    $225M

  3. Growth Equity 3 Mar 2021

    Led by Breakthrough Energy; with Amazon Climate Pledge Fund, FootPrint Coalition, Keyframe, Fifth Wall, Captain Planet LP. Individuals: Bill Gates, Robert Downey Jr..

    Sources: prnewswire.com, geekwire.com

    $80M

  4. Growth Equity 24 Sep 2020

    With Amazon Climate Pledge Fund, Meson Capital, BMW i Ventures, JLL Spark, Copec Wind Venture, Future Shape.

    Sources: prnewswire.com

    $33M

  5. Series B 1 Jan 2020

    Led by BMW i Ventures; with Breakthrough Energy, Fifth Wall.

    Sources: in2ecosystem.com

    $25M

  6. Series A 25 Jun 2019

    With JLL Spark, Meson Capital.

    Sources: finsmes.com, prnewswire.com

    $31M

Turntide investors

17 investors have backed Turntide; BMW i Ventures, Breakthrough Energy and JLL Spark and 2 more led at least one round.

  • Breakthrough Energy lead, 3 rounds
  • JLL Spark lead, 3 rounds
  • Canada Pension Plan Investment Board lead
  • Monashee Investment Management LLC lead
  • Amazon Climate Pledge Fund 2 rounds
  • Captain Planet LP 2 rounds
  • Fifth Wall 2 rounds
  • Advanced Propulsion Centre U.K. (APC)
  • Amazon's Climate Pledge Fund
  • Future Shape
  • Suvretta Capital Management
  • U.K. Government

What Turntide does

Turntide works in electric supplies & power generation, with 15 recorded offerings and customers in construction, mining, agriculture and industrial equipment.

Turntide Technologies Inc. is an American manufacturing company engaged in the design and production of electric motors, power electronics, energy storage, and thermal solutions for a range of sectors, including construction, mining, agriculture, industrial equipment, automotive, rail, marine, commercial vehicles, recreational vehicles, and commercial buildings. The company provides electrification solutions for electric and hybrid applications, serving original equipment manufacturers and supporting the development of electric vehicle and equipment lines. Turntide is certified to international standards and operates internationally with offices in the United States, United Kingdom, India, and Canada.

Description from Veridion's company data.

Products and services

  • Electric Motor Manufacturing
  • Power Electronics Manufacturing
  • Energy Storage System Manufacturing
  • Thermal Equipment Manufacturing
  • Axial Flux Motor Development
  • Electrification Solutions Development
  • Hybrid Powertrain Solutions Development
  • Electric Vehicle Component Manufacturing
  • Industrial Equipment Electrification Solutions
  • Automotive Electrification Solutions
  • Rail and Marine Electrification Solutions
  • Commercial Vehicle Electrification Solutions
  • Sustainable Energy Solutions Development
  • Custom Electric Power System Engineering
  • End-to-End Electrification Consulting

Markets

  • Construction
  • Mining
  • Agriculture
  • Industrial Equipment
  • Automotive
  • Rail
  • Marine
  • Commercial Buildings

Technology

  • Axial Flux Motor Technology

Business model

  • Business-to-Business
  • Manufacturing
  • Enterprise

Industry codes (NAICS)

  • 335312 Motor and Generator Manufacturing 50% match
  • 335999 All Other Miscellaneous Electrical Equipment and Component Manufacturing 30% match
  • 333248 All Other Industrial Machinery Manufacturing 20% match

Questions about Turntide

What is Turntide worth?

Valuation $331M (range $44.8M to $978M), as of 24 Oct 2026.

Has Turntide raised money?

Turntide has 6 funding rounds on record, from Jun 2019 to Aug 2026, $417M in total. None disclosed a valuation.

Who has invested in Turntide?

BMW i Ventures, Breakthrough Energy, JLL Spark, Canada Pension Plan Investment Board, Monashee Investment Management LLC and Amazon Climate Pledge Fund, and 11 more. Lead investors include BMW i Ventures, Breakthrough Energy, JLL Spark and Canada Pension Plan Investment Board.

How many people work at Turntide?

About 204, down 5% over the last year. Headcount rose from 94 in Jan 2021 to 430 in Apr 2022, then fell to 204 in Sep 2026.

What does Turntide do?

Turntide works in electric supplies & power generation, with 15 recorded offerings and customers in construction, mining, agriculture and industrial equipment. Its main offerings are electric motor manufacturing, power electronics manufacturing and energy storage system manufacturing.

When was Turntide founded, and where is it based?

Turntide was founded in 2013 and is based in Alpharetta, United States. It has about 204 employees, down 5% over the last year.