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About Turing
Industries
Enterprise Software
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
Series E
Total Funding
$247M
Headquarters
Palo Alto, California
Founded
2018
Overview
Turing provides tech services by using artificial intelligence to connect businesses with skilled software engineers for custom application development and on-demand engineering needs. The company has a pool of over 3 million vetted engineers from 150 countries, allowing businesses to quickly find the right talent based on specific skill requirements. This AI-driven matching process helps companies save time and resources in recruitment, enabling them to complete projects more efficiently. Turing also supports engineers by offering access to high-paying remote job opportunities in the U.S., with a high rematch rate that ensures job stability. The goal of Turing is to streamline the hiring process for businesses while providing valuable job opportunities for engineers.
Simplify's Take
What believers are saying
- Turing raised $111 million in Series E funding, boosting its growth potential.
- The global AI talent pool expansion aligns with Turing's remote work model.
- AI-driven recruitment tools are transforming hiring, benefiting Turing's business model.
What critics are saying
- Competition from platforms like Toptal and Upwork could erode Turing's market share.
- Rapid AI advancements may create a skills gap among Turing's engineers.
- Web3 technologies could disrupt Turing's centralized AI-driven talent matching platform.
What makes Turing unique
- Turing uses AI to match businesses with over 3 million vetted engineers.
- Turing's platform reduces recruitment time and resources for companies significantly.
- Turing offers a 99% rematch rate for engineers, ensuring job stability.
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Funding
Total Funding
$247M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↑ 4%1 year growth
↓ -4%2 year growth
↓ -4%Artificial intelligence, Web3, cryptocurrencies and blockchain are some of the most talked-about technologies today, often described in a sweeping way as next-gen.However, they’re fundamentally different in purpose, design and impact. Understanding how they differ — and how they can work together — is important to know how to best use them for your business.What Is Web3?Web3, short for Web 3.0, refers to the latest evolution of the internet. The first version of the web, or Web 1.0 , consisted of read-only, static websites that offered basic online content. Web 2.0 brought interactivity, featuring social media and user-generated content, but it came with a tradeoff. Most of the data is centralized in the hands of gatekeepers — the tech giants.Web3 aims to change that dynamic. Web3 is a decentralized web where users — not corporations, central banks or other central authorities — own their data, identities and digital assets
Turing, one of the world’s fastest-growing AGI infrastructure companies, announced today that it has secured $111 million in committed capital for its
Ingrid Lunden / TechCrunch: Turing, which works with engineers to contribute code to AI projects, raised a $111M Series E led by Malaysia's sovereign wealth fund at a $2.2B valuation - As AI companies race to improve the accuracy of Large Language Models and apps built on top of them, a startup that has emerged...
Ingrid Lunden / TechCrunch:Turing, which works with engineers to contribute code to AI projects, raised a $111M Series E led by Malaysia's sovereign wealth fund at a $2.2B valuationAs AI companies race to improve the accuracy of Large Language Models and apps built on top of them, a startup that has emerged
AI-driven water management company Turing has secured $14 million in a funding round led by Safar Partners.
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About Turing
Industries
Enterprise Software
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
Series E
Total Funding
$247M
Headquarters
Palo Alto, California
Founded
2018
There are no jobs for Turing right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Turing