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Turbotic AB Revenue, Valuation & Funding (2024)

Turbotic AB generated an estimated $2.7M in annual revenue in 2024. Source: GetLatka estimate

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Turbotic AB Revenue

In 2024, Turbotic AB's revenue reached $2.7M. The company previously reported $1.5M in 2023. Since its launch in 2020, Turbotic AB has shown consistent revenue growth.

Turbotic AB Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$600K$1.2M$1.8M$2.4M$3M20202021202220232024$0$1.4M$1.5M$2.7MSource: GetLatka.com
YearMilestoneSource
2024Turbotic AB Hit $2.7m revenue in October 2024Estimated
2023Turbotic AB Hit $1.5m revenue in December 2023Estimated
2021Turbotic AB Hit $1.4m revenue in February 2021Not recorded
2020Launched with $0 revenue

Turbotic AB Valuation, Funding Rounds

Turbotic AB reached a $5M valuation in 2020, set during its Seed round.

Turbotic AB has raised $6M in total funding across 2 rounds, most recently a $3M Seed round in 2021.

Turbotic AB Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$1.3M$1.5M$2.5M$3M$3.8M$4.5M$5M$6M$6.3M$7.5M20202021$5MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2021Seed$3M--Not recorded
2020Seed$3M$5M60%Not recorded

Founder / CEO

Theodore Bergqvist

CEO

6x entrepreneur, innovator and futurist. Strong track record and highly experienced dealmaker and leader of global multifunctional teams, focusing on exponential technologies, business development and dealmaking.

Turbotic AB Employees & Team Size

Turbotic AB employs approximately 23 people as of 2026, down from 27 in 2023.

Turbotic AB Team GrowthReported headcount over time081523303820202021202220232024002323Source: GetLatka.com
YearMilestoneSource
2024Reached 23 employees (October 2024)Not recorded
2023Reached 27 employees (December 2023)Not recorded
2022Reached 30 employees (December 2022)Not recorded
2021Reached 30 employees (December 2021)Not recorded
2021Reached 15 employees (February 2021)Not recorded

Frequently Asked Questions about Turbotic AB

What is Turbotic AB's revenue?

As of 2024, Turbotic AB generated an estimated $2.7M in annual revenue.

What is Turbotic AB's valuation?

As of 2020, Turbotic AB was valued at $5M.

Who founded Turbotic AB?

Turbotic AB was founded by Theodore Bergqvist.

When was Turbotic AB founded?

Turbotic AB was founded in 2020.

Who is the CEO of Turbotic AB?

The CEO of Turbotic AB is Theodore Bergqvist.

How much funding does Turbotic AB have?

Turbotic AB raised $6M across 2 rounds.

How many employees does Turbotic AB have?

As of 2024, Turbotic AB had 23 employees.

Where is Turbotic AB headquartered?

Turbotic AB is headquartered in Stockholm, Sweden.

Compare Turbotic AB to the industry

Turbotic AB operates across multiple industries. Browse revenue, funding, and growth data for Turbotic AB in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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