# Turbine Finance funding: rounds and investors

> Turbine Finance has raised $100M across 1 round since 2025. Investors include B Capital, Unpopular Ventures and Fin Capital. Every round with its source.

Source: https://millionrounds.com/company/turbine-finance (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Turbine Finance*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Funding summary Updated 26 Oct 2026

**$100M** raised across 1 round since 2025, from 1 source

- **Latest round:** Debt, $100M Apr 2025
- **Investors:** 4

See who backed them

## The rounds

- **Apr 2025** Debt **$100M** [B Capital](https://millionrounds.com/fund/b-capital) [Unpopular Ventures](https://millionrounds.com/fund/unpopular-ventures) [Fin Capital](https://millionrounds.com/fund/fin-capital) [TTV Capital](https://millionrounds.com/fund/ttv-capital) Source recorded

## Founders and team

From Turbine Finance's own website: 5 founders, 4 on the team.

**Megan McKenna** Founder & CEO of FIF Collective

**Mike Hurst** Co-Founder and CEO

**Peter Andes** Co-Founder and CFO

**Kaare Wagner** SVB, Turbine co-founder

**Rob Freelen** Sozo Ventures, Turbine co-founder

- **Michael Coffaro** Chief of Staff
- **Ben Tran** VP of Product
- **Justin Appler** VP of Engineering
- **Adam Jiwan** Executive Chairman of Assembly Software

Advisers *Monica Erickson*

## Everyone who backed them

[B Capital](https://millionrounds.com/fund/b-capital) VC firm **1** round

[Unpopular Ventures](https://millionrounds.com/fund/unpopular-ventures) VC firm **1** round

[Fin Capital](https://millionrounds.com/fund/fin-capital) Private equity **1** round

[TTV Capital](https://millionrounds.com/fund/ttv-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=turbine-finance).

## Quick answers about Turbine Finance

### Who invested in Turbine Finance?

Turbine Finance's investors include B Capital, Unpopular Ventures, Fin Capital and TTV Capital.

### How much has Turbine Finance raised?

Turbine Finance has raised $100M across 1 round since 2025.

### When did Turbine Finance last raise?

Turbine Finance's most recent round was a Debt of $100M in Apr 2025.

### What was Turbine Finance's biggest round?

Its most recent round, $100M in Apr 2025, is also its largest on record.

### Who backed Turbine Finance first?

Turbine Finance's first round on record, in Apr 2025, was backed by B Capital, Unpopular Ventures and Fin Capital and 1 others.

### What stage is Turbine Finance at?

Turbine Finance's latest named round is a Debt, in Apr 2025.

### Where is Turbine Finance based?

Turbine Finance is based in the United States.

## Companies like Turbine Finance

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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