Overview
TrueUp
Trajectory Score
14
/100
Business
Industrial electric motors
Founded
13 years ago
2013
Employees
220
Valuation
$1.0 billion
Company type
Private - Venture-Backed
Turntide is an Industrial electric motors company with 12 job openings. It is currently valued at $1.0 billion as a private company. 220 people work at Turntide. The company was founded in 2013.
Company grid
Employee happiness β
Growth β
π
π’
π
π
Jobs
Open jobs
12
Top Job Categories
Jobs
1.
Engineering (Software)
5
(42%)
2.
Engineering (Hardware)
4
(33%)
3.
Business Development & Partnerships
1
(8%)
4.
Business Operations & Program Management
1
(8%)
Top Job Locations
Jobs
1.
π¬π§ United Kingdom
10
(83%)
2.
πΊπΈ United States
2
(17%)
3.
π Remote
2
(17%)
Financials
Valuation
$1.0billion
Tech Unicorn
Last round - Jun 2022
Latest secondary valuation
$0.3billion
70% from last round
Estimate as of May 5, 2026
Data source: Notice.co
Most recent funding
4 years ago
Total funding
$492 million
Value 'created' (valuation - total funding)
+$508 million
Lead Investors - Series A
JLL Spark
Meson Capital
Valuation per employee
$4.5 million
Culture
Employee sentiment
Would recommend company
49%
100+ reviews
Sources: TrueUp, Glassdoor, Blind
Worse than 79% of tech co's
Approve of CEO
Steve Hornyak
56%
Sources: TrueUp, Glassdoor, Blind
People
Employees
220
Rankings and awards
Norrsken Impact 100
2023
Layoffs
Electric motor startup Turntide is cutting its headcount by 20% weeks after hitting a $1B valuationΒ
Jul 2022 Β· 4 years ago
84 impacted20%