Turntide Technologies Stock $0.32

Forge Price BeaconForge Price 1 updated November 20, 2024

turntide.comEnergy / Energy efficiencyFounded: 2013Funding to Date: $1.22B

Turntide Technologies produces equipment and software geared toward decarbonizing industries with sizable energy expenditures, like transportation, agriculture, and buildings. Their technology includes the Smart Motor SystemTM and Turntide Intelligent BarnTM. Turntide Technologies, formerly Software Motor, was founded in 2013 by Piyush Desai, Mark Johnston, and Trevor Creary and is headquartered in Sunnyvale, CA.

Register To Buy and Sell Private Company Shares

For more details on private stock price information, financing and valuation for Turntide Technologies, register or login.
Please provide a valid email address.

By registering, you agree to Forge’s Terms of Use. Already registered? Log in

Private Market Pricing DetailsValuation & Financings

Turntide Technologies Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
11/20/2024
Price per Share
$0.32
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Turntide Technologies Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
06/27/2023 Series Junior $144.06MM $xx.xx $299.84MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
114,670,053
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
06/27/2023 Series D-1 $91.41MM $xx.xx $299.84MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
198,580,100
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
0.9x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors

Turntide Technologies investors also invested in these private companies

Leadership & Board

Leadership

Ryan Morris
Chief Executive Officer, Chairman & President
Michael Karim
Co-Chief Financial Officer & Chief Operating Officer
Nilesh Patel
Co-Chief Financial Officer
Scott Smrdel
Chief Technology Officer & Executive Vice President, Engineering
Gary Roberts
Chief Information Officer
Piyush Desai
Co-Founder, Vice President of Motor Design

Board

Christopher Rivest
Breakthrough Energy Ventures
Kim Kolt
For Good Ventures
Sergey Polikarpov
Meson Capital Partners
S. Gregory Smithies
Fifth Wall

Turntide Technologies stock FAQs

plusminus

Can you buy Turntide Technologies stock?

As Turntide Technologies is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Turntide Technologies, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
plusminus

How to buy Turntide Technologies stock?

To invest in a private company like Turntide Technologies through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
plusminus

Can you sell Turntide Technologies stock?

Yes, you may sell the Turntide Technologies stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
plusminus

How to sell Turntide Technologies stock?

If you hold private company shares of Turntide Technologies – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Turntide Technologies on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
plusminus

Is Turntide Technologies a public company?

No, Turntide Technologies is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
plusminus

What is Turntide Technologies’ stock price?

Turntide Technologies is a private company, meaning it does’t have a publicly traded stock price. However, as of 11/20/2024 the Turntide Technologies Forge Price is $0.32 per share. The Forge Price is a derived price calculated for private companies like Turntide Technologies to provide insights into their current valuation. Learn more about Forge Price.
plusminus

What is Turntide Technologies’ stock ticker symbol?

Turntide Technologies does not have an official ticker symbol because this company is not currently publicly traded.
plusminus

Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Turntide Technologies’ news and media highlights

Wells Fargo tested energy-saving HVAC motors from Turntide Technologies, achieving 70-80% reductions in power consumption. The startup's switched reluctance motors adjust speeds based on conditions, slashing HVAC electricity use. Wells Fargo sees potential for significant energy savings by deploying the technology across its facilities.
Turntide Technologies ("Turntide"), developer of breakthrough electrification and sustainable operations technologies, was presented with the Queen's Award for Enterprise, Innovation for its Hyperdrive battery system.
Turntide Technologies (“Turntide”), developer of breakthrough electrification and sustainable operations technologies, today announced the launch of its new global channel partner program.
U.S.-based Turntide Technologies, which aims to help energy-intensive industries cut carbon emissions, has hit "unicorn" status after its latest $80 million funding round, its chief executive told Reuters.
Updated on: Nov 21, 2024

PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES

1. Forge Price™ is a custom data-point calculated and disseminated by Forge Data LLC (“Forge Data”) and is a mark of Forge Data. Forge Price may rely on a very limited number of inputs in its calculation. Forge Price is prepared and disseminated solely for informational purposes. Redistribution is permitted solely with Forge’s written consent. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of Forge Price, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of Forge Price. Forge Price is derived from secondary activity on the Forge platform and other private market trading platforms, and other publicly-available datapoints collected by Forge.  Forge Price is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Neither reference to company names, nor calculation of Forge Price for a specific company, implies any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.

2. The Last Closed Trade price displayed reflects the price at which the last trade in this company's security occurred on Forge, and can include secondary trades in any class of the company's security, or trades in units of funds holding the company's securities (the economics of which differ versus direct company ownership). The date displayed reflects the date on which the last trade in this company's security closed on Forge. This may be several weeks after the terms of the trade were agreed upon between the buyer and seller. In case of multiple trades closed on the same date, the price displayed is of either (i) the trade which terms were agreed upon most recently; or (ii) the trade with the higher notional value.

‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.

Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.

Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.