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Turntide Technologies Stock
Turntide Technologies is a developer of a smart motor system.
About Turntide Technologies Stock
Turntide Technologies (formerly Software Motor Company) has developed an efficient and intelligent electric motor system. The revolutionary Smart Motor System is based on proven switched reluctance technology, now managed with advanced cloud software and connected to precise controls via IoT. Turntide’s vision is to eliminate the 25% of global electricity consumption that is wasted by legacy motors, thus accelerating the world’s transition from fossil fuels. Turntide is based in Sunnyvale, California, with offices in San Francisco; Arlington, Washington; and Kennesaw, Georgia. Turntide has installed Smart Motor Systems with dozens of customers, reducing their motor electricity consumption by an average of 64%, and is powering the systems of leading OEMs.
Funding History
| January 2014 | $3.0M |
|---|---|
| September 2017 | $13.1M |
| July 2018 | $21.6M |
| June 2019 | $31.4M |
| January 2020 | $25.0M |
| September 2020 | $33.0M |
| March 2021 | $80.0M |
Management
Executive Chairman and CEO
Ryan Morris
Founder
Mark Johnston
Vice President & Co-founder
Piyush Desai
CTO and Founder
Trevor Creary
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