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Turnout raises $35 million in Series A funding, led by HighPost Capital, to enhance its AI advocate platform for consumers navigating bureaucratic processes.

PRIVATEJun 11, 2026about 2 months ago

Amount Raised

$35 Million

Round Type

Series A

San DiegoInformation Technologyinformation technology & services

Investors

Omri CasspiHoneystone VenturesMangusta CapitalLgvpShine CapitalHigh Post Capital

Description

Turnout has announced a $35 million Series A funding round, bringing its valuation to $400 million. The funding will be used to expand the AI agent platform and scale its human advocate workforce nationwide. With a fivefold increase in its client base, Turnout aims to address gaps in consumer advocacy. The round saw participation from several investors including Shine Capital and LGVP.

Company Information

Company

Turnout

Location

San Diego, California, United States

About

Turnout is a modern consumer advocacy that uses AI to deliver compassion, speed, and results. Alongside licensed human professionals, Jake, our AI case orchestrator, is at the heart of the experience, handling onboarding, documents, deadlines, and proactive follow-ups, ensuring the matter moves forward and the consumer remains informed at every step. Turnout is proving that advocacy at scale doesn't have to mean bureaucracy, and that millions of Americans can beat the system.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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