Turbine
Turbine Finance offers an asset-backed lending platform that enables investors to borrow against their positions in venture funds, providing liquidity without the necessity of selling their stakes. This approach utilizes unrealized gains as collateral, allowing investors to maintain ownership and benefit from future asset appreciation.
- Location: Santa Monica, California, United States
- Founded: 2022-01-01
- Total funding: 121750000
- Website: https://turbine.co
Product & Features
- Offers asset-backed lending to venture capitalists and their investors.
- Enables clients to borrow against fund positions instead of selling them.
- Helps investors retain full ownership and potential future upside of assets.
- Provides quick access to liquidity, often within days, through an online portal.
- Assists general partners in funding firm expansion, commitments, or personal needs.
- Helps limited partners manage capital calls and maintain portfolio allocations.
- Delivers a tax-efficient method for unlocking trapped capital gains.
Frequently Asked Questions
What is Turbine?
Turbine Finance offers an asset-backed lending platform that enables investors to borrow against their positions in venture funds, providing liquidity without the necessity of selling their stakes. This approach utilizes unrealized gains as collateral, allowing investors to maintain ownership and…
What does Turbine do?
Offers asset-backed lending to venture capitalists and their investors. Enables clients to borrow against fund positions instead of selling them. Helps investors retain full ownership and potential future upside of assets.
Where is Turbine based?
Turbine is based in Santa Monica, California, United States.
When was Turbine founded?
Turbine was founded in 2022.