Turnout Secures $21M in Seed Funding to Fuel Mission to Simplify Government Bureaucracy

The AI ~ Turnout Technologies, Inc. has recently announced a significant milestone in their mission to revolutionize how Americans navigate complex government and financial processes. The company has secured $21 million in seed funding, which will be used to further develop and automate their AI-powered consumer service.

The seed round was co-led by Shine Capital and LGVP, with participation from Swish Ventures, Jaz Capital Partners, Zeev Ventures, HoneyStone, Conversion, Four Aces, and other GPs and Angel investors. This funding will allow Turnout to continue improving their product and reach even more Americans who struggle with navigating rigid bureaucratic processes.

According to a recent press release from Turnout, Americans spend a staggering 12.1 billion hours each year on federal forms. These applications are notoriously time-consuming, difficult, and prone to errors. Turnout aims to modernize this process by starting with tax debt relief and Social Security Disability claims, with plans to expand into other services in the future.

Turnout's technology utilizes AI and expert advocacy to handle the entire process of navigating government agencies on behalf of consumers. Their AI orchestrator named Jake is already automating nearly 60% of tasks by pulling transcripts, checking eligibility, pre-filling and filing applications, gathering medical and wage records, tracking deadlines, and sending status updates. This not only saves consumers time but also reduces errors in the application process.

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Founder and CEO Itai Hirsch stated that their goal is to become the "AI for everyone," providing a solution for Americans who are frustrated with outdated government infrastructure. He believes that complex processes can be simplified by cutting through layers of bureaucracy and utilizing advanced technology.

Mo Koyfman, Founder and General Partner of Shine Capital expressed his excitement about being a part of Turnout's mission. He praised Hirsch as a "force of nature" who embodies the American dream and is uniquely suited to help others achieve it. Koyfman believes that Turnout's AI technology has the potential to transform the lives of everyday Americans by helping them navigate their finances and secure the benefits they are entitled to.

With this new funding, Turnout plans to expand its team by 50% this year and is actively hiring for various roles from its headquarters in San Diego. They also have plans to expand into other complex government use cases in the future.

Turnout's platform is available nationwide, and interested individuals can learn more by visiting their website at https://www.turnout.co/. With their innovative AI technology, Turnout aims to make navigating government processes easier and more efficient for millions of Americans.

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