InTurn, which runs an online service enabling businesses to sell excess stock to each other, has now raised more than $13m since it was founded.
InTurn, the US-based creator of an online platform that helps businesses shift excess inventory, has closed a $9.7m series A round led by Novel TMT Ventures, a subsidiary of telecommunications company Novel Group.
Forerunner Ventures, Lerer Hippeau Ventures, T5 Capital, Benvolio Group, Shuco, Bam Ventures, and angel investors Fabrice Grinda and Khajak Keledjian also took part in the round. Andrew Fine, a partner at Novel TMT, is joining InTurn’s board of directors.
InTurn’s platform connects organisations with excess stock to…
