# Turvo funding: rounds and investors

> Turvo has raised $85M across 2 rounds since 2017. Investors include Felicis, Slow Ventures and Industry Ventures. Every round with its source.

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

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

# Who invested in *Turvo*

2 rounds we have observed, with the 16 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Logistics

Funding summary Updated 26 Oct 2026

**$85M** raised across 2 rounds since 2017, from 2 sources

**$25M** Series A **$60M** Series B

- **Latest round:** Series B, $60M Nov 2018
- **Step-up i:** 2.4×
- **Investors:** 16

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018

**$25M** Series A

**$60M** Series B

- **First round:** Series A, $25M
- **Biggest round:** $60M
- **Between rounds:** 19 months

## The rounds

- **Nov 2018** Series B **$60M** *9 new* [Felicis](https://millionrounds.com/fund/felicis-ventures) [Slow Ventures](https://millionrounds.com/fund/slow-ventures) [Industry Ventures](https://millionrounds.com/fund/industry-ventures) [W Ventures](https://millionrounds.com/fund/w-ventures) [Activant Capital](https://millionrounds.com/fund/activant-capital) [Next47](https://millionrounds.com/fund/next47-2) [Upside Partnership](https://millionrounds.com/fund/upside-partnership) [Future Shape](https://millionrounds.com/fund/future-shape-2) Mubadala Ventures/ G2VP Reported by FinSMEs
- **Mar 2017** Series A **$25M** *7 new* [Aaron Levie](https://millionrounds.com/fund/aaron-levie) [Slow](https://millionrounds.com/fund/slow) [Upside](https://millionrounds.com/fund/upside) [Tony Fadell](https://millionrounds.com/fund/tony-fadell) Activant Capital/ Felicis Kevin Nazemi Ravi Venkatesan Reported by FinSMEs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2017 **Series B** 2018 [Felicis](https://millionrounds.com/fund/felicis-ventures) [Slow Ventures](https://millionrounds.com/fund/slow-ventures) [Industry Ventures](https://millionrounds.com/fund/industry-ventures) [W Ventures](https://millionrounds.com/fund/w-ventures) [Activant Capital](https://millionrounds.com/fund/activant-capital) [Aaron Levie](https://millionrounds.com/fund/aaron-levie) [Next47](https://millionrounds.com/fund/next47-2) [Upside Partnership](https://millionrounds.com/fund/upside-partnership) [Slow](https://millionrounds.com/fund/slow) [Upside](https://millionrounds.com/fund/upside)

## Everyone who backed them

[Felicis](https://millionrounds.com/fund/felicis-ventures) VC firm **1** round

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

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

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

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

[Aaron Levie](https://millionrounds.com/fund/aaron-levie) VC firm **1** round

[Next47](https://millionrounds.com/fund/next47-2) VC firm **1** round

[Upside Partnership](https://millionrounds.com/fund/upside-partnership) VC firm **1** round

[Slow](https://millionrounds.com/fund/slow) VC firm **1** round

[Upside](https://millionrounds.com/fund/upside) VC firm **1** round

[Future Shape](https://millionrounds.com/fund/future-shape-2) VC firm **1** round

[Tony Fadell](https://millionrounds.com/fund/tony-fadell) VC firm **1** round

Activant Capital/ Felicis no record of our own yet **1** round

Kevin Nazemi no record of our own yet **1** round

Mubadala Ventures/ G2VP no record of our own yet **1** round

Ravi Venkatesan no record of our own yet **1** round

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

## Quick answers about Turvo

### Who invested in Turvo?

Turvo's investors include Felicis, Slow Ventures, Industry Ventures, W Ventures and Activant Capital, and 11 more on record.

### How much has Turvo raised?

Turvo has raised $85M across 2 rounds since 2017.

### When did Turvo last raise?

Turvo's most recent round was a Series B of $60M in Nov 2018.

### What was Turvo's biggest round?

Its most recent round, $60M in Nov 2018, is also its largest on record.

### Who backed Turvo first?

Turvo's first round on record, in Mar 2017, was backed by Aaron Levie, Slow and Upside and 4 others.

### What stage is Turvo at?

Turvo's latest named round is a Series B, in Nov 2018.

### Where is Turvo based?

Turvo is based in the United States.

## Companies like Turvo

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

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DashFuel** Oct 2026](https://millionrounds.com/company/dashfuel)[**Truck Parking Club** Oct 2026](https://millionrounds.com/company/truck-parking-club)[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**Stord** $782M · Oct 2026](https://millionrounds.com/company/stord)

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