# Turbine Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/turbine-finance

- Industry: Financial Services
- Headquarters: Santa Monica, US
- Website: www.turbine.co
- Total disclosed funding: $13M
- Latest round: Series A (Apr 4, 2025)
- Investors on record: 5

## About

Turbine Finance Corp. offers innovative liquidity solutions specifically designed for Limited Partners in the venture capital sector, facilitating access to funds against unrealized gains.Turbine Finance Corp. was founded in 2022 in Santa Monica, US, specializing in lending solutions for Limited Partners. The company has executed a total of 2 deals, with its most recent deal occurring on April 4, 2025. Its latest funding round was a Series A, raising USD 13.000 mn from investors including Alpha Edison, B Capital Group, Fin Capital, Sozo Ventures, and TTV Capital. The firm was established by individuals with a background in finance, although specific details on the founders’ prior ventures are not disclosed.Turbine Finance specializes in providing liquidity solutions tailored specifically for Limited Partners (LPs) in the venture capital space. Their core offering is a loan platform that allows LPs to borrow against their unrealized gains in participating venture funds, facilitating early access to liquidity ahead of anticipated fund distributions. This service empowers investors to leverage their existing investments to make additional capital commitments without impacting their underlying fund positions. By enabling LPs to pre-pay loan balances without penalties, Turbine fosters a flexible financial environment. The company primarily serves a clientele of venture capital firms, general partners, and high-net-worth investors across North America and Europe, allowing them to manage their liquidity needs while maintaining exposure to their existing investments.Turbine Finance generates revenue through the issuance of loans to Limited Partners, structured as a B2B service aimed at venture funds and their investors. When an LP applies for a loan, they utilize their fund positions as collateral, allowing Turbine to fund the loan while retaining a connection to the underlying investments. The repayment structure can involve the prepayment of the loan balance using distributions from the underlying fund at a time favorable to the LP. This approach allows Turbine to maintain a streamlined process for clients, enhancing their financial flexibility while adhering to the investment timelines preferred by LPs. While specific pricing details are not disclosed, the transaction structure emphasizes the financial leverage provided to LPs, enabling them to access necessary liquidity with minimal disruption to their investment strategies.In April 2025, Turbine Finance Corp. raised USD 13.000 mn in Series A funding co-led by new investors Alpha Edison and TTV Capital, with participation from other new investors B Capital Group, Fin Capital, and Sozo Ventures. The company will use the funding to expand its product offerings on the lending platform. Turbine aims to enhance its services and roll out new features that will further assist Limited Partners in managing their investments and liquidity needs.

## Funding rounds

- Series A, Apr 4, 2025, $13M — TTV Capital, Sozo Ventures, B Capital, Alpha Edison, Fin Capital
- Seed, date not disclosed — TTV Capital, Sozo Ventures, B Capital, Alpha Edison, Fin Capital

## Investors

- TTV Capital (https://capitalatlas.ai/funds/ttv-capital) — Seed, Series A
- Sozo Ventures (https://capitalatlas.ai/funds/sozo-ventures) — Seed, Series A
- B Capital (https://capitalatlas.ai/funds/b-capital) — Seed, Series A
- Alpha Edison (https://capitalatlas.ai/funds/alpha-edison) — Seed, Series A
- Fin Capital (https://capitalatlas.ai/funds/fin-capital) — Seed, Series A