We use cookies to improve the performance of our site and optimize it for our users. Customize Cookie Preferences

Sign Up Today and Learn More About Turntide Technologies Stock

Invest in or calculate the value of your shares in Turntide Technologies or other pre-IPO companies through EquityZen's platform.

Get Started

Turntide Technologies Stock (TUTE)

Electric Motor Systems

Turntide Technologies is a sustainable technology developer.

About Turntide Technologies Stock

Founded

2013

Headquarters

Sunnyvale, CA, US

Total Funding

218M

Industries

Manufacturing, Science and Engineering, Energy

Turntide Technologies (formerly Software Motor Company) claims to develop sustainable energy technologies. Turntide's mission is to drive down energy consumption and operating costs in buildings, agriculture, and electric transport to create a path to 100% renewable energy and business sustainability. The Turntide Smart Motor System is driven by a patented Turntide Optimal Efficiency Motor™ with automation and cloud connectivity. 

Turntide Technologies was founded in 2013 and is headquartered in Sunnyvale, California, with offices in San Francisco; Arlington, Washington; and Kennesaw, Georgia. Notable investors include  JLL Spark, Meson Capital, and BMW i Ventures.

Investors in Turntide Technologies

Discover investors in Turntide Technologies stock and explore their portfolio companies

Turntide Technologies Management

Leadership team at Turntide Technologies

Chief Executive Officer

Steve Hornyak

Chief Financial Officer

Nick Carr

Locked Features

Join now and verify your accreditation status to gain access to:

  • Turntide Technologies Current Valuation
  • Turntide Technologies Stock Price
  • Turntide Technologies Management
  • Available deals in Turntide Technologies and all other companies with relevant Deal Offering documents
  • EquityZen's proprietary data and insights, which may include
    • Turntide Technologies Cap Table and Funding History by Share Class and Liquidity Preferences
    • Turntide Technologies Revenue and Financials
    • Turntide Technologies Highlights
    • Turntide Technologies Business Model
    • Turntide Technologies Risk Factors
  • Turntide Technologies Research Report from SACRA Research
Join Now

Turntide Technologies Key Facts

  • Major Partnership with Hitachi Rail: In July 2025, Turntide secured a significant order from Hitachi Rail to supply its next-generation lithium iron phosphate (LFP) battery systems for the first battery trains built in the UK. This partnership strengthens their long-term relationship, creating a valuable pipeline and backlog for Turntide and validating its technology for a major player in the rail industry. The deal, valued at nearly ÂŁ10 million, also supports the expansion of Turntide's Gateshead facility, bolstering its operational capacity.
  • Strategic Product Expansion and New Market Entry: The company has been aggressively expanding its product suite, launching a new range of Gen 6 Inverters and its breakthrough OEM-ready axial flux motor (AF430S) in April 2025. Turntide is also strategically expanding its market presence by entering the Indian market with advanced electric mobility solutions, with a commitment to building a local supply chain. These initiatives demonstrate a clear focus on diversifying its product offerings and geographical reach.
  • Top-Tier Industry Recognition: Turntide was named to both the World's Top GreenTech Companies 2025 and America's Top GreenTech Companies 2025 lists by TIME Magazine in March 2025. This prestigious award, based on factors like environmental impact, financial strength, and innovation, reinforces Turntide's strong brand reputation and validates its mission to drive sustainability across energy-intensive industries
  • Challenges in the Broader Macroeconomic Climate: The company's market position is susceptible to the broader macroeconomic environment. The company's technology is often deployed for large-scale projects in industries such as commercial buildings, agriculture, and transportation. A downturn in these sectors, influenced by factors like high inflation and interest rates, could lead to a decrease in capital expenditure, longer sales cycles, and a reduced appetite for the large-scale projects that drive Turntide's growth.
  • Financial and Operational Risks of Scaling: As a venture-backed company, Turntide faces significant pressure to demonstrate a clear path to profitability and return on investment for its investors. Its last publicly announced major funding round was in mid-2022. This may be due to market pressures or investor demands for a more sustainable business model.
  • Intense Competition from Established and Emerging Players: Turntide operates in a competitive and fragmented market. It faces competition from both large, established corporations like ABB and Siemens, which have vast resources and existing customer bases, as well as numerous other smaller, innovative companies. The market for high-efficiency motors and electrification solutions is attracting a variety of players, forcing Turntide to continuously prove its technological superiority in a crowded space.

Trading Turntide Technologies Stock

How to invest in Turntide Technologies stock?

Accredited investors can buy pre-IPO stock in companies like Turntide Technologies through EquityZen funds. These investments are made available by existing Turntide Technologies shareholders who sell their shares on our platform. Typically, these are early employees who need to fund a life event – house, education, etc. Accredited investors are then offered the opportunity to invest in this stock through a fund, like those used by hedge funds serving large investors. While not without risk, investing in private companies can help investors reach goals of portfolio diversification, access to potential growth and high potential return. Learn more about our Guided Investment process here.

How to sell Turntide Technologies stock?

Shareholders can sell their Turntide Technologies stock through EquityZen's private company marketplace. EquityZen's network includes over 390K accredited investors interested in buying private company stock. Learn more about the easy and guided Shareholder process here.

If I invest, how do I exit my investment?

There are two ways to exit your private company investment on EquityZen's marketplace. The first is if the company has an exit event like an IPO, merger or acquisition. In that case, we will distribute the shares and/or cash to you directly. The second way is through an Express Deal on EquityZen, if eligible. An Express Deal allows you to sell your allocation of private shares in a given private company to another investor on EquityZen's marketplace. More information on Express Deals can be found here and exit information can be found here.

Why choose EquityZen?

Since 2013, the EquityZen marketplace has made it easy to buy and sell shares in private companies. EquityZen brings together investors and shareholders, providing liquidity to early shareholders and private market access to accredited investors. With low investment minimums through our funds and with more than 48K private placements completed across 450+ companies, EquityZen leads the way in delivering "Private Markets for the Public."