TurboPass Corporation

TurboPass Corporation

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Min Investment
$500
Location
Helotes, TX
Offering Date
June 02, 2023
Expected Close Date
August 31, 2023
Target Raise
$15.00K-$1.24M
No. Investors
24
Security Price
$1.01
Number of Employees
2
Cash
$1,403,657
Revenue
$2,257,591
Short Term Debt
$17,350
Cost of Goods
$593,719
Long Term Debt
$0
Net Income
$-530,114

Company Description

TurboPass is a software solution designed to streamline the process of verifying critical information for businesses by providing instant access to the most recent and reliable data available. The company has signed up over 3,000 businesses on its core product.

Management Team / Advisory Board Bios

Michael JarmanCo-Founder & CEO32 year automotive finance & technology veteran. Former VP Regions Bank Dealer Services, early sales teams at CapitalOne Auto Finance, Santander Consumer USA.
Mike has deployed integrated hardware and software solutions for IturanUSA & AutoStar / DealerSocket and served as the Founder at Austin Indoor Soccer Center & board member at Let’s Play! Sports Inc.
Kenneth JarmanCo-Founder & COO29 year automotive finance leader and executive. Co-Founder Sierra Motors and Sierra Acceptance. FCRA, TILA, UCC Compliance expert.
Ken’s operational experience include leadership roles at Group1Automotive, Mercury Finance and Reliance Acceptance Corp. P&L, Automotive Loan Servicing, business process outsourcing, operational data integrity, business intelligence and call center solutions., Lou Loquasto Chief Revenue Officer25-year auto finance Executive having led sales, product and marketing departments at Wells Fargo Auto Finance, Black Book, and as the founding CMO at Global Lending Services. For the past 6 years, Lou led Equifax’s Automotive Vertical and he has served on multiple industry and advisory boards including a term as the President of the National Auto Finance Association.
Zahid Kassem Chief Product OfficerZahid had over 20 years of experience leading Enterprise Fraud teams across multiple financial institutions. Most recently, Zahid served as Vice President of Identity and Fraud Products at Equifax and was the Director of Dealer Risk at ALLY and NetSpend. Zahid also served as Senior Vice President of Dealer Risk Management at Santander Consumer USA.
Zahid is the Founder of KassemConsulting, LLC and joined TurboPass’ Advisory Board in May of 2019 with the plan to lead lender relations and business development efforts.
Mark Vasquez Board MemberExperienced Senior Vice President Sales Marketing with a demonstrated history of working in the financial services industry. Skilled in Negotiation, Business Planning, Sales, Credit Analysis, Team Building, Corporate Development, Risk, Business Strategy and Sales Operations. Strong sales professional with a Bachelor of Education and Business Administration from University of Southern California.
Tyler Lackey Board MemberCareer has been focused on high-growth technology platforms. Bar licensed lawyer. Served in various executive leadership roles. Currently sit on several boards in the fintech space. Prior roles have included CLO, General Counsel, COO, President, and Partner.  
Dann AdamsAdvisorCurrently an investor and advisor to several companies, Dann excelled in a career spanning 21 years, as President of Global Consumer, Workforce, and Information Solutions at Equifax and led their acquisition and growth of The Work Number to its dominant position it enjoys in the market today. Prior to Equifax, Dann Served in Senior Leadership at Dunn & Bradstreet for 9 years.
Stephanie (Alsbrooks) HansonAdvisorStephanie was the Founder and CEO at Defi Solutions, and is currently a Board member at Blossom Street Ventures and a Senior Advisor at Kedesh Consulting. Stephanie brings over 27 years of executive leadership and innovation within the automotive finance industry, including an SVP role at Sixth Gear Capital and 9 years at Americredit in a variety of leadership positions, including Vice President of Originations/Marketing and Analysis.
Amount Raised : $31,517
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