Turno
Turno is a technology company.
Financial History
Turno has raised $20.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Turno raised?
Turno has raised $20.0M in total across 2 funding rounds.
Turno is a technology company.
Turno has raised $20.0M across 2 funding rounds.
Turno has raised $20.0M in total across 2 funding rounds.
Turno is a SaaS platform that automates cleaning and turnover services for the short-term rental industry, serving Airbnb hosts, vacation rental owners, and property managers.[1][2][4] It streamlines scheduling, payments, cleaner matching, and quality checks, solving the core problem of manual coordination that consumes up to 90% of hosts' workload.[2][7] Founded in 2017 (with some sources noting 2016), the company has raised $10.53M, including a $6M Series A-II round about a year ago, and operates from San Francisco with strong growth indicated by a +117 Mosaic Score increase recently.[1][4]
The platform enables hands-free management through AI-driven automation, connecting users to vetted cleaners via a marketplace while handling bookings, check-ins/outs, and exceptions only when needed.[2][5] This boosts efficiency for small hosts and scaling property managers, with features like mobile apps, photo checklists, and 24/7 support driving adoption in the booming vacation rental market.[4][7]
Turno was founded in 2017 by Assaf Karmon, a software engineer and Airbnb host who experienced the pain of cleaning coordination firsthand—realizing it dominated 90% of rental management time.[1][2] Leveraging his technical skills, Karmon built an initial app to automate his own turnovers, which evolved into a full platform shared with other hosts for broader optimization.[2] Originally launched as TurnoverBnB, it rebranded to Turno to better reflect its mission of simplifying turnovers across the short-term rental (STR) space.[1][4]
Early traction came from addressing real host needs in San Francisco's competitive market, with the company expanding features like auto-scheduling and payments as the STR industry grew.[4] Pivotal moments include scaling to a Series A-II stage, building a cleaner network, and integrating AI tools, all while maintaining HQ at 510 Townsend Street.[1][2]
Turno rides the explosive growth of short-term rentals, fueled by platforms like Airbnb and post-pandemic travel surges, where operational efficiency is key to scaling amid labor shortages and rising demand.[1][2] Its timing aligns perfectly with STR market maturation—hosts managing 10+ properties need automation to treat rentals as passive income, not manual labor.[2][4]
Market forces like AI adoption in proptech and the push for "hands-free" hospitality favor Turno, positioning it in expert collections for Travel Tech.[1] By streamlining 90% of turnovers, it influences the ecosystem: enabling hosts to focus on revenue/growth, empowering cleaners with steady gigs, and reducing errors that hurt guest satisfaction—ultimately professionalizing a fragmented $100B+ industry.[2][5]
Turno is poised to dominate STR operations as vacation rentals expand globally, with AI-driven expansions like predictive maintenance and broader service automation (e.g., trash/pool) set to make it indispensable.[2] Trends like rising travel tech investment and labor automation will accelerate its trajectory, potentially pushing toward Series B and international scaling.[1]
Expect deeper integrations with PMS/booking giants and ecosystem plays like partner marketplaces, evolving Turno from cleaning specialist to full turnover orchestrator—cementing its role in hassle-free hosting amid relentless STR momentum.[2][4]
Turno has raised $20.0M in total across 2 funding rounds.
Turno's investors include B Capital Group, BEENEXT, MassMutual Ventures, Quona Capital.
Turno has raised $20.0M across 2 funding rounds. Most recently, it raised $6.0M Series A in May 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2024 | $6.0M Series A | B Capital Group, BEENEXT, MassMutual Ventures, Quona Capital | |
| Feb 1, 2023 | $14.0M Series A | B Capital Group, BEENEXT, MassMutual Ventures, Quona Capital |