Turnstile has launched its AI-first quote-to-cash platform. This is backed by $29 million from First Round, OMERS Ventures, Illuminate Financial, and several well-known angel investors. Based in San Francisco, the company aims at sales-led B2B SaaS startups. They provide enterprise-grade revenue operations without the usual complexity and cost of legacy systems.
As SaaS models have moved past simple per-seat pricing, revenue operations have become more fragmented. Modern deals often include usage-based pricing, bundles, pilots, ramps, and mid-contract changes. These factors can strain operations once a contract is signed. Many teams still use spreadsheets, manual CRM updates, and contract PDFs to handle billing schedules and revenue recognition. This increases the risk of errors, misaligned systems, and delayed reporting.
Turnstile aims to address this gap with a self-service approach to quote-to-cash. Unlike traditional platforms that can take months to implement and require dedicated administrators, Turnstile allows startups to connect their CRM and begin generating quotes within minutes. The platform uses AI to convert negotiated deal terms—whether entered directly or extracted from existing contracts—into structured data that automatically powers invoicing, subscription management, revenue recognition, and reporting.
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“Quote-to-cash has been broken for a long time—startups either cobble together spreadsheets and disconnected tools, or they’re forced into enterprise platforms that take months to implement,” said Jordan Zamir, CEO and co-founder of Turnstile. “We built Turnstile to be a third option: enterprise-grade infrastructure that any startup can set up in an afternoon. Structure the deal however the customer needs, and let everything downstream—billing, reporting, renewals—just work. And for companies with existing contracts, our AI can ingest those documents and turn years of commercial history into structured data in minutes.”
The platform is designed around how sales-led deals actually operate, starting at the quoting stage where complexity typically begins. Turnstile combines quoting, subscription management, billing, and financial reporting into one system. When contract terms change during a cycle, teams can set effective dates. The platform then updates invoices and revenue metrics automatically. This eliminates manual reconciliation and boosts accuracy throughout the revenue lifecycle.
