Turnstile Software Inc.

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Turnstile Software Inc. - overview

Established

2021

Location

San Francisco, CA, US

Primary Industry

Software

About

Turnstile Software Inc. , established in 2021 in San Francisco, is dedicated to providing a revenue management platform that optimizes workflows throughout the revenue lifecycle for various sectors, enhancing operational efficiency for its clients. Turnstile Software Inc. specializes in revenue management solutions, offering tools that streamline financial processes.


The company was founded in San Francisco, US, in 2021. The founder's information is currently unavailable. As of May 2025, Turnstile raised USD 22. 81 million in funding, which represents the total amount raised to date.


The company has executed one deal thus far, indicating a focused approach in the market. Turnstile provides a comprehensive revenue management platform that enhances workflow efficiency throughout the revenue lifecycle. Features include an advanced quote builder for customized quotes, a subscription management system for tracking subscriptions, and an automated billing process that generates real-time invoices. This platform caters to companies across different sectors, particularly those in technology and energy, aiming to simplify complex financial tasks and improve efficiency in revenue processes.


Turnstile's revenue model is primarily subscription-based, allowing clients to engage in long-term partnerships to access its revenue management platform. Clients subscribe to utilize the suite of tools for quoting, subscription management, and financial reporting. The company generates revenue from these recurring subscriptions, potentially offering tiered pricing plans to accommodate varying business needs. This structure supports both direct-to-consumer and B2B engagements, adaptable to enterprise-level accounts, ensuring a steady income stream.


In February 2026, Turnstile Software Inc. raised USD 29 million in venture funding from First Round Capital, Illuminate Financial, and OMERS Ventures. The company will use the funding to build out its quote‑to‑cash platform, add features for billing and revenue reporting, and expand sales and customer onboarding.


Current Investors

First Round Capital, OMERS Ventures, Illuminate Financial

Primary Industry

Software

Sub Industries

Application Integration Software, Accounting/Finance Software

Website

www.turnstile.ai

Verticals

Artificial Intelligence, Cloud Computing, FinTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

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