FundedIQ
Financial Services

Turnstile: Funding, Investors & Team (Oct 2026)

Turnstile is a comprehensive platform that automates all aspects of revenue generation, making it easier to create quotes, manage subscriptions, handle billing, and recognize revenue.

www.tryturnstile.com LinkedIn San Francisco, United States 11-50 employees
FinTech SaaS Software
Total raised
$51.8M
Rounds
2
Latest
Series A
Feb 2026

Turnstile has raised $51.8M across 2 funding rounds on record, the most recent a Series A of $29.0M announced in Feb 2026.

That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Turnstile Company Profile and Key Stats

Total funding raised
$51.8M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series A
$29.0M in Feb 2026
Employees
11-50
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Feb 2026.

Turnstile Funding Rounds

Date
Round
Amount
Series A
$29.0M
Undisclosed round
$22.8M

Turnstile raised $22.8M in an undisclosed round announced in Jun 2025.

8 months later, a Series A of $29.0M was announced in Feb 2026.

Turnstile Founders and Leadership Team

Name
Role
Contact
Michael Babineau
Founder
Locked

Contact details for the Turnstile team: 1 of 1 has an email address on file.

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Turnstile Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
30,234
$7.6M
8,558
$15M

Turnstile's latest round of $29.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Turnstile in Financial Services and San Francisco

Companies Similar to Turnstile

Turnstile Funding FAQs

What does Turnstile do?

Turnstile is a comprehensive platform that automates all aspects of revenue generation, making it easier to create quotes, manage subscriptions, handle billing, and recognize revenue.

How much funding has Turnstile raised?

Turnstile has raised $51.8M across 2 rounds on record. The most recent is a Series A of $29.0M announced in Feb 2026.

When did Turnstile last raise funding?

Turnstile's most recent funding round on record is a Series A of $29.0M, announced in Feb 2026.

Who founded Turnstile?

FundedIQ lists Michael Babineau (Founder) at Turnstile.

Where is Turnstile headquartered?

Turnstile is based in San Francisco, California, United States.

How many employees does Turnstile have?

Turnstile is in the 11-50 employee band.

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

Turnstile's latest round of $29.0M is above the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.

About FundedIQ's Turnstile 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 Turnstile is left off this page rather than filled in.

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