Turntide Technologies Stock $0.32

Forge Price BeaconForge Price 1 updated December 21, 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.

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Turntide Technologies Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
12/21/2024
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
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
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
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
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

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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.
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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.
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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.
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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.
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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.
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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 12/21/2024 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.
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What is Turntide Technologies’ stock ticker symbol?

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

How Wells Fargo is slashing HVAC energy use more than 70% with a simple building retrofit

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 Presented With the Queen's Award for Enterprise for Its Innovative Hyperdrive Battery Technology

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 Launches Global Channel Partner Program With Partners Across Three Continents

Turntide Technologies (“Turntide”), developer of breakthrough electrification and sustainable operations technologies, today announced the launch of its new global channel partner program.

Climate tech firm Turntide hits 'unicorn' status after $80 mln funding

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.
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Updated on: Dec 21, 2024

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