Fundraising Fox

Turnstile

San Francisco, US · Founded 2021 · Delaware corporation · 2 known investors

turnstile.ai

Turnstile is a quote-to-cash platform designed for SaaS startups that automates quoting, subscription management, invoicing, and revenue recognition in a single unified system.

Enterprise SoftwareFintechSaaSin /98820811

Founders & leadership

MB
Michael BabineauExecutive Officer, Director
JZ
Jordan ZamirExecutive Officer, Director
LC
Lillian ChouExecutive Officer, Director
AR
LL
Laura LenzDirector

Investors · 2

Competitors · 10

by search overlap
Stripe309 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Chargebee264 shared keywordsChargebee provides unified revenue infrastructure connecting billing, pricing, usage metering, invoicing, and compliance for businesses with modern, usage-based, and hybrid business models at enterprise scale. The platform serves 6,500+ businesses across 227 countries and territories.
Billing Platform252 shared keywordsBillingPlatform provides a cloud-based platform for managing the complete revenue lifecycle, including order capture, billing, payments, and customer service, with AI-powered automation and insights for enterprise customers. The platform enables rapid deployment of new pricing models and monetization strategies with no-code configuration.
DealHub244 shared keywordsDealHub provides a revenue platform that manages sales engagement touchpoints to improve buyer experience and sales team efficiency.
GoCardless229 shared keywordsGoCardless provides bank payment collection and open banking data access services. The platform enables businesses to collect domestic and international payments via bank accounts and securely access customer bank account data across 2,300+ banks in the UK and Europe.
Orb213 shared keywordsOrb provides billing and revenue infrastructure for software companies, enabling usage-based and hybrid pricing models. The platform allows developers to automate billing workflows while giving product and finance teams tools to experiment with pricing and reporting.
Corporatefinanceinstitute193 shared keywordsCorporate Finance Institute (CFI) is an online training platform offering certifications and courses in financial modeling, valuation, FP&A, financial analysis, business intelligence, and related finance and AI skills. It serves finance professionals seeking job-ready skills and industry-recognized credentials such as the FMVA.
HubiFi189 shared keywordsHubiFi provides revenue recognition and accounting automation software that reconciles subscription and usage-based revenue streams from payment processors like Stripe and posts audit-ready entries directly to ERPs. It handles complex billing models including pre-paid tokens, credit grants, and billed-in-arrears arrangements.
Paddle189 shared keywordsPaddle is a payment infrastructure and Merchant of Record platform that handles transactions and back-office operations for software companies, including payment processing, tax compliance, and multi-currency management across global markets.
SubscriptionFlow182 shared keywordsSubscriptionFlow is a subscription management and recurring billing platform that helps businesses optimize revenue and customer lifetime value through invoice management, billing lifecycle tools, and payment processing integrations.

Companies competing with Turnstile for the same Google search keywords, organic and paid, via search-intersection analysis.

Reported raises · per SEC filings

Form D private placements
$22.8MraisedJun 2025 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael BabineauExecutive Officer, Director
  • Jordan ZamirExecutive Officer, Director
  • Alexander RossDirector
  • Lillian ChouExecutive Officer, Director
  • Laura LenzDirector
Offering amount
$25.6M
Amount sold
$22.8M
First sale
May 2025
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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