Turntide
Developing sustainable technologies
- 201-500 employees
- B2B
- Energy
- Sustainability
- Manufacturing
- Internet of Things
- Alpharetta, GA
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Company mission
To design and manufacture breakthrough electric motors, power electronics and energy storage solutions that optimize performance, reliability, and efficiency in anything that moves.
Our take
The operation of buildings is responsible for 40% of CO2 emissions worldwide, and yet one-third of energy used in commercial buildings is wasted. Turntide develops sustainable technologies, including electric motors, that serve to reduce energy consumption and operating costs.
Turntide are on a path to 100% renewable energy and is proving successful. Its Smart Motor System product has thrice won E+E’s Top Product of the Year Awards given its full-stack, scalable and open system solution that enables the sustainable operations of buildings and electrification of commercial and industrial vehicles, ultimately optimising the world’s use of energy.
Recent investment, led by Canadian Pension Plan Investment Board, will help fund projects to reduce carbon emissions in the commercial buildings, agriculture and transportation industries. This additional capital will accelerate expansion into new markets, notably electrified transport.
Freddie
Company Specialist at Welcome to the Jungle
Funding (last 2 of 6 rounds)
Mar 2019
$9.3m
EARLY VC
Jul 2016
$4.6m
EARLY VC
Total funding: $18m
Leadership
Steve Hornyak
(CEO & President)Steve previously served as an Executive Advisor at Gatik, Vispera and 1MRobotics. They were also Acting CEO, Chief Commercial Officer and Executive Director/GM for BrightDrop at General Motors.
Brad Bell
(CCO)Prior to joining Turntide in 2024, Brad was the Head of Sales for BrightDrop at General Motors, an SVP of Sales at Bamboo Rose and a VP of Sales at Fabric.
Nick Carr
(CFO)Nick joined Turntide in 2021 as a VP of Finance, they moved into the role of Senior VP of Finance in 2024 and CFO in 2025. Before Turntide, they spent nearly 5 years at Spincraft as a Finance Director.