FundedIQ
Financial Services

TurnStay: Funding, Investors & Team (Sep 2026)

TurnStay helps the travel industry significantly decrease payment expenses and enhance conversion rates.

turnstay.com LinkedIn Cape Town, South Africa 1-10 employees
FinTech Travel
Total raised
$2.2M
Rounds
2
Latest
Seed
Aug 2025

TurnStay has raised $2.2M across 2 funding rounds on record, the most recent a Seed of $1.9M announced in Aug 2025.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

TurnStay Company Profile and Key Stats

Total funding raised
$2.2M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Seed
$1.9M in Aug 2025
Employees
1-10
reported band
Headquarters
Cape Town, South Africa

Latest funding round on record: Aug 2025.

TurnStay Funding Rounds

Date
Round
Amount
Seed
$1.9M
Seed
$300k

TurnStay raised $300k in a Seed announced in Jul 2024.

1.1 years later, a Seed of $1.9M was announced in Aug 2025.

TurnStay Founders and Leadership Team

Name
Role
Contact
Alon Stern
Founder
Locked
James Hedley
Founder
Locked

Contact details for the TurnStay team: 2 of 2 have an email address on file.

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TurnStay Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
192
$5.0M
16,485
$3.1M

TurnStay's latest round of $1.9M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like TurnStay in Financial Services and Cape Town

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TurnStay Funding FAQs

What does TurnStay do?

TurnStay helps the travel industry significantly decrease payment expenses and enhance conversion rates.

How much funding has TurnStay raised?

TurnStay has raised $2.2M across 2 rounds on record. The most recent is a Seed of $1.9M announced in Aug 2025.

When did TurnStay last raise funding?

TurnStay's most recent funding round on record is a Seed of $1.9M, announced in Aug 2025.

Who founded TurnStay?

FundedIQ lists Alon Stern (Founder), James Hedley (Founder) at TurnStay.

Where is TurnStay headquartered?

TurnStay is based in Cape Town, Na - South Africa, South Africa.

How many employees does TurnStay have?

TurnStay is in the 1-10 employee band.

How does TurnStay's funding compare to other Financial Services startups?

TurnStay's latest round of $1.9M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's TurnStay Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for TurnStay is left off this page rather than filled in.

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