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Turnkey Lender is a cloud-based lending software that provides end-to-end loan origination and management solutions. It offers a comprehensive suite of features for automating lending processes, including loan application processing, underwriting, risk assessment, loan servicing, and collections. The platform is designed to streamline lending operations and improve efficiency for financial institutions and alternative lenders.
Last updated
In 2024, Turnkey Lender's revenue reached $19.6M. The company previously reported $9.7M in 2023. Since its launch in 2014, Turnkey Lender has shown consistent revenue growth.
Turnkey Lender reached a $348.1K valuation in 2016, set during its Seed round.
Turnkey Lender has raised $14M in total funding across 6 rounds, most recently a $6.1M Series A round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series A | $6.1M | - | - | |
| 2019 | Series A | $4.6M | - | - | |
| 2017 |
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Turnkey Lender serves 150 customers.
Turnkey Lender employs approximately 126 people as of 2026, down from 143 in 2023. It serves 150 customers that rely on its solutions.
Turnkey Lender generates an estimated $19.6M in annual revenue.
Turnkey Lender was founded by Dmitry Voronenko.
The CEO of Turnkey Lender is Dmitry Voronenko.
Turnkey Lender raised $14M across 6 rounds.
Turnkey Lender has 126 employees.
Turnkey Lender is headquartered in Austin, Texas, United States.
Turnkey Lender operates across multiple industries. Browse revenue, funding, and growth data for Turnkey Lender in each sector below.
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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Valuation
$348.1K
2024 Revenue
$19.6M(Est.)
Customers
150
Funding
$14M
Avg ACV
$131K
Team
126
Founded
2014
| Year | Milestone | Source |
|---|---|---|
| 2024 | Turnkey Lender Hit $19.6m revenue in October 2024 | Estimated |
| 2023 | Turnkey Lender Hit $9.7m revenue in December 2023 | Estimated |
| 2021 | Turnkey Lender Hit $9.8m revenue in April 2021 | |
| 2014 | Launched with $0 revenue |
| Series A |
| $2M |
| - |
| - |
| 2016 | Seed Round | $22.3K | $348.1K | 6% |
| 2015 | Seed Round | $250K | - | - |
| 2015 | Angel Round | $1M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 126 employees (December 2024) | |
| 2024 | Reached 131 employees (October 2024) | |
| 2023 | Reached 143 employees (December 2023) | |
| 2023 | Reached 142 employees (September 2023) | |
| 2023 | Reached 143 employees (January 2023) | |
| 2022 | Reached 147 employees (December 2022) | |
| 2022 | Reached 159 employees (January 2022) | |
| 2021 | Reached 173 employees (December 2021) | |
| 2021 | Reached 152 employees (August 2021) | |
| 2021 | Reached 117 employees (April 2021) |
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