Turns
Turns is a technology company.
Financial History
Turns has raised $500K across 1 funding round.
Frequently Asked Questions
How much funding has Turns raised?
Turns has raised $500K in total across 1 funding round.
Turns is a technology company.
Turns has raised $500K across 1 funding round.
Turns has raised $500K in total across 1 funding round.
Turn Technologies is a Chicago-based technology company specializing in AI-powered background screening and workforce identity management solutions tailored for high-volume, hourly, shift-based, and gig economy hiring. Its platform offers near real-time processing of worker background checks, full compliance with regulatory standards like FCRA, and seamless integration with ATS/HRIS systems, enabling companies to onboard contingent workers efficiently and scale their workforce with confidence. Turn serves a broad range of clients, including startups and established gig platforms, addressing the critical challenge of managing and verifying 1099 workers in a rapidly evolving labor market. The company has demonstrated strong growth momentum, with reported revenues of approximately $12.6 million and rapid adoption of its enhanced screening services[2][3][5][6].
Founded in 2016, Turn Technologies emerged from the recognition of inefficiencies and regulatory complexities in managing contingent labor within the gig economy. The founders, leveraging expertise in software, AI, and workforce management, developed a platform to streamline identity verification and background screening processes for on-demand companies. Early traction was driven by the platform’s ability to reduce hiring friction and improve compliance, which resonated with clients facing challenges in scaling their gig and shift-based workforces. The company has since expanded its product capabilities and client base, positioning itself as a key enabler in the future of work[2][3][5].
Turn Technologies rides the growing trend of contingent and gig workforce expansion, addressing the labor market’s shift toward flexible, on-demand employment models. The timing is critical as companies increasingly rely on 1099 workers but face regulatory scrutiny and operational challenges in managing these workforces efficiently and compliantly. Market forces such as the rise of gig platforms, regulatory complexity, and the need for scalable workforce solutions favor Turn’s AI-driven, compliance-focused approach. By enabling faster, more reliable background screening and workforce identity management, Turn influences the broader ecosystem by reducing hiring friction and supporting the sustainable growth of gig economy businesses[2][3][5][6].
Looking ahead, Turn Technologies is well-positioned to capitalize on continued gig economy growth and evolving labor regulations. Future trends shaping its journey include increased automation in HR processes, deeper AI integration for predictive workforce analytics, and expansion into new verticals requiring high-volume contingent hiring. The company’s influence is likely to grow as it innovates in compliance automation and workforce monitoring, potentially becoming a foundational infrastructure provider for contingent labor management. Turn’s ongoing enhancements and partnerships will be key to maintaining its competitive edge and expanding its role in shaping the future of work[3][5][6].
Turns has raised $500K in total across 1 funding round.
Turns's investors include Better Capital, Kunal Shah.
Turns has raised $500K across 1 funding round. Most recently, it raised $500K Seed in January 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2023 | $500K Seed | Better Capital, Kunal Shah |