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Turvo Inc.
Turvo Inc. is a San Mateo-based logistics technology provider with a cloud platform for freight brokers, 3PLs, and shippers.
Turvo Inc.
Turvo Inc. was founded in 2016 by Oleg Mikhieiev and Ilya Levtov. The company provides a cloud-based logistics platform designed to unify the supply chain ecosystem, offering features such as load management, document management, and real-time visibility. It targets freight brokers, third-party logistics providers (3PLs), and shippers seeking digital transformation in transportation management. The firm's technology focuses on automating workflows, reducing manual data entry, and providing analytics to optimize freight operations. Turvo integrates with various carriers and systems, including electronic logging devices and transportation management systems. The platform has been adopted by companies like Hub Group and Worldwide Logistics (per public records). Turvo operates primarily in North America but supports global supply chain networks. Turvo has raised over $60 million in venture capital, with a Series B round led by Norwest Venture Partners in 2018 and additional funding from Bessemer Venture Partners and other investors (per Crunchbase, 2025). The company has not disclosed a recent fundraising event in the last 24 months as of early 2025. Its team size is estimated at 100-200 professionals based on job postings, but this figure is unverified. A structural differentiator for Turvo is its focus on the logistics industry's digital gap, offering a single platform that connects brokers, carriers, and shippers — a departure from fragmented legacy systems. However, the firm is not a fund investment manager; its capital is raised through equity financing rather than from limited partners. This distinction means Turvo competes with technology firms like Uber Freight and project44, not traditional family offices.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
San Mateo
Corporate office
San Mateo, CA, United States
Sector focus
Frequently asked questions
Who are Turvo Inc.'s main competitors?
Turvo competes with technology companies such as Uber Freight, project44, and Trimble Transportation, as well as legacy transportation management systems like Oracle TMS. Its differentiation lies in a cloud-native platform designed for collaboration among brokers, carriers, and shippers.
Does Turvo Inc. manage capital for external investors?
No, Turvo Inc. is not a fund manager. It is a privately held technology company backed by venture capital investors including Norwest Venture Partners and Bessemer Venture Partners. It does not operate as a family office, asset manager, or investment vehicle.
What was Turvo's founding date and founder background?
Turvo was founded in 2016 by Oleg Mikhieiev and Ilya Levtov. Both have backgrounds in logistics and enterprise software, with Mikhieiev previously leading product at a logistics firm and Levtov co-founding a prior supply chain startup.
What industries does Turvo serve?
Turvo focuses on the logistics, supply chain, and transportation management industries. Its primary customers are freight brokers, third-party logistics providers (3PLs), and shippers who need to digitize and automate their operations.
How is Turvo's platform structured?
Turvo offers a cloud-based software-as-a-service (SaaS) platform that includes load management, document management, real-time visibility, rate management, and analytics. It integrates with electronic logging devices, transportation management systems, and carrier networks.
Does Turvo engage in direct investments?
No, Turvo does not make direct investments or capital allocations. It is a technology company that develops and sells a logistics platform. Its venture capital fundraising supports product development and sales, not asset management.
Where is Turvo's key geographic market?
Turvo's primary market is North America, particularly the United States. The platform supports global supply chain operations through integrations with international carriers, but its sales and customer base are concentrated in the U.S.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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