Turnstyle Solutions

http://getturnstyle.com

Jolt // Jolt 08/01/13 starting 2013-08-01

Exited

Key notes: Turnstyle Solutions provides customer analytics and location-based marketing solutions for brick-and-mortar retail stores.

Office address: 76 Stafford Street, Toronto, Ontario, Canada

Description: Turnstyle Solutions provides location based marketing solutions and consumer analytics for brick and mortar retail stores. Our user-friendly, customizable dashboard enables retailers to optimize their offline marketing campaigns, loyalty programs and productivity variables such as scheduling and staffing. Through the use of our developer-friendly APIs, third-parties can take advantage of Turnstyle's location-based triggers to do things such as instant check-ins (social media), in-app Push notifications (loyalty programs) and change digital signage (retargeting). Wall Street Journal: http://online.wsj.com/news/articles/SB10001424052702303453004579290632128929194 Fox Business News: http://video.foxbusiness.com/v/3058917130001/tracking-shoppers-by-phone/#sp=show-clips Bloomberg: http://www.bloomberg.com/news/2014-01-15/is-your-thermostat-spying-on-you-.html TECHNOLOGY Turnstyle leverages cloud managed wifi infrastructure to enable passive monitoring of WiFi enabled smart phones. We are able to detect the frequency and recency of retail visitors. Installing multiple Turnstyle access points enables indoor triangulation, allowing retailers to do path-mapping analysis to see pain points in store floor plans. This is a frictionless solution, no app download or network connection required. Through this anonymous data collection, Turnstyle's dashboard provides actionable insights and deep analytics to retailers, brand managers and community partners. Retailers use our product to optimize staffing, signage, and promotions. Brands use Turnstyle to determine the effectiveness of brand activations. Turnstyle's open API enables third-party developers take advantage of Turnstyle's location-based trigger capabilities: Loyalty programs can send rewards automatically when a user enters a store, digital signage advertisers can update content based on who is near.

View details on Crunchbase:

http://www.crunchbase.com/organization/turnstyle-analytics

$ 3,671,407 over 2 funding rounds.

Exit value: $ 20,000,000

Seed-DB Exit data:

Exit value = $ 20,000,000. (Confidence = )

Angellist Page:

https://angel.co/turnstyle-solutions

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Funding Rounds

Date	Name	$ Invested	Crunchbase link
2014-11-01	seed	$ 3,000,000	Detailed data
2014-01-20	angel	$ 1,100,000	Detailed data

Investors

Round Date	Round Name	Investor	Crunchbase Link