# TurboAppeal

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/turboappeal

- Industry: Software
- Headquarters: Chicago, US
- Website: www.turboappeal.com
- Total disclosed funding: $8.5M
- Latest round: Series A (Oct 3, 2016)
- Investors on record: 8

## About

TurboAppeal Inc. leverages advanced technology to provide innovative software solutions, focusing on improving operational efficiency and data management for various industries, including healthcare, finance, and logistics.Founded in 2015 in Chicago, US, TurboAppeal Inc. specializes in software solutions designed to enhance operational efficiency. The company has undergone multiple funding rounds, with the most recent being a USD 4 million Series A round in October 2016, led by Guaranteed Rate, Inc., involving other investors such as Forefront Venture Partners and Camber Creek. CEO Rob Foster has been pivotal in steering the company since its inception, contributing to its growth and strategic direction.TurboAppeal Inc. offers advanced software platforms and services aimed at enhancing operational efficiency and data analytics capabilities across various sectors. Their solutions specifically target healthcare, finance, and logistics industries, addressing challenges such as data management inefficiencies and integration barriers. The company releases its products incrementally, reflecting user feedback and technological advancements, and distributes them across North America, Europe, and parts of Asia.TurboAppeal Inc. operates on a revenue model that combines subscription-based services with direct software sales. Clients engage in annual subscriptions providing access to their software suite, supported by tiered pricing plans tailored to different organizational needs. The company also collaborates with distributors and resellers to enhance market reach, with flagship products featuring customized pricing based on functionality and user count, fostering long-term client relationships.TurboAppeal Inc. plans to utilize the funding from its latest Series A round, which raised USD 4 million in October 2016, to develop and launch new products aimed at expanding its market presence. Specific new products are being designed but no release dates have been disclosed. Additionally, the company aims to penetrate new geographic regions, although targeted markets for this expansion have not been specified.

## Funding rounds

- Series A, Oct 3, 2016, $4M — Hyde Park Venture Partners, Garland Capital Group, Camber Creek, Forefront Venture Partners, Rate, @properties Christie’s International Real Estate
- Seed, Jan 28, 2016, $3M — Hyde Park Angels, KGC Capital, Hyde Park Venture Partners
- Seed, May 13, 2015, $1.5M — Hyde Park Angels, Hyde Park Venture Partners, @properties Christie’s International Real Estate

## Investors

- Hyde Park Angels (https://capitalatlas.ai/funds/hyde-park-angels) — Seed
- Hyde Park Venture Partners (https://capitalatlas.ai/funds/hyde-park-venture-partners) — Seed, Series A
- @properties Christie’s International Real Estate — Seed, Series A
- KGC Capital (https://capitalatlas.ai/funds/kgc-capital) — Seed
- Garland Capital Group (https://capitalatlas.ai/funds/garland-capital-group) — Series A
- Camber Creek (https://capitalatlas.ai/funds/camber-creek) — Series A
- Forefront Venture Partners (https://capitalatlas.ai/funds/forefront-venture-partners) — Series A
- Rate — Series A