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About Startup Turkey

Startup Turkey, an accelerator and incubator program founded in 2008, is based in Istanbul, Turkey. With a presence in 24 countries, it has supported around 59 startups in sectors like Consumer, Enterprise Applications. Most notable companies in its portfolio include GetWork, Evaly and Friendbase. The program is backed by a team of 1 people who primarily support Seed startups based in Pakistan. Its latest investment was a Undisclosed Seed round in Shiffer on May 12, 2019.
Key Metrics
Founded Year
2008
Location
Istanbul, Turkey
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Grant (prize money)
Locations of Investment

Startup Turkey's List of Top Investments

Startup Turkey has a portfolio of 59 companies. Their most notable investments are in Shiffer and Ali Huda.Their portfolio spans across Turkey, Indonesia, Lithuania and 21 more locations. They have invested in Consumer, Enterprise Applications, High Tech and 21 other sectors, across stages such as Seed, Grant (prize money) stages. Here is the list of top investments by Startup Turkey:
Provider of a career platform connecting job seekers with employers through live video hiring rooms and professional development tools. The platform facilitates direct interaction between candidates and recruiters to streamline the hiring process. It offers a suite of career services including resume building, interview preparation, and skill development courses to assist individuals in securing employment opportunities across various industries.

Key facts about GetWork

E-valy is an online retailer of multi-category consumer products. The product catalog includes clothing, fashion accessories, home improvement items, electronics, sports equipment, and more. It also provides an app for users to shop. Its app is available on Android platforms.

Key facts about Evaly

  • Founded Year: 2018
  • Location: Dhaka (Bangladesh)
  • Stage: Series B
  • Total Funding till date: $23.2M
  • Employee Count: 316 as on Aug 31, 2026
  • Investors: Startup Turkey and Jamuna Group
  • Latest Funding Round: Series B, Jul 27, 2021, $*****
  • Highlight: Editors' Pick
Provider of a virtual social network where users can take an avatar and connect with their friends in a virtual world with a real-time chat feature. Users can also play games.

Key facts about Friendbase

Ali Huda is a kids-focused video streaming platform. It allows users to stream animation series, videos, Quran & Arabic, prophets & messengers, English rhymes, science & craft, travel & outdoors, and others. It offers freemium packages. It is available on multiple devices including Android/Android TV and iPhone/Apple TV.

Key facts about Ali Huda

  • Founded Year: 2017
  • Location: Newark (United States)
  • Stage: Seed
  • Employee Count: 6 as on Aug 31, 2026
  • Investors: Startup Turkey
  • Latest Funding Round: Seed, Apr 29, 2019, $*****
An online platform to find automotive repair and maintenance services. Users need to create a case by specifying the type of service they need and other required details. The platform shares this information with partnered workshops in the user's vicinity allowing them to place their offers. Users can compare quotes and schedule an appointment with a preferred workshop.

Key facts about Servislet

Startup Turkey's Investments by Stage

Startup Turkey has made 4 investments in Seed stage and 1 investment in Grant (prize money) stage.
Here are Startup Turkey's investments by stage:
Stage of entry
No. of Investments
Seed
4
Grant (prize money)
1
Breakdown of Startup Turkey's investments by stage of entrySeed (4)Grant (prize money) (1)
Note: We have considered here, only first round of investments

Startup Turkey's Investments by Sector

Startup Turkey has a diverse portfolio, with companies operating in the Consumer, Business Services, Enterprise Applications, Environment Tech and Food and Agriculture Tech. Notably, it has invested in 42 Tech companies, 24 Enterprise (B2B) companies, 22 Consumer (B2C) companies and at least 19 companies focusing on Software.
Here are Startup Turkey's investments by sector:
Sector
No. of Investments
Consumer
2
Business Services
1
Enterprise Applications
1
Environment Tech
1
Food and Agriculture Tech
1
Others
6
Breakdown of Startup Turkey's investments by sectorsConsumer (2)Business Services (1)
Note: We have considered here, only first round of investments

Startup Turkey's Investments by Geography

Startup Turkey has made most investments in Pakistan (2), followed by United States where it has made 2 investments.
Here are Startup Turkey's investments by geography:
Country
No. of Investments
Pakistan
2
United States
2
Iraq
1
Breakdown of Startup Turkey's investments by countriesPakistan (2)United States (2)
Note: We have considered here, only first round of investments

Startup Turkey's recent investments

Startup Turkey has not made any investment in 2026 so far.
Here are the most recent investments by Startup Turkey:
Date
Company
Location
Round Details
Round Amount
Co-Investors
May 12, 2019
Iraq
Seed
5825
-
Apr 29, 2019
United States
Seed
3569
-
Apr 29, 2019
Pakistan
Seed
9357
-
Apr 24, 2019
Pakistan
Seed
4449
-
2015
United States
Grant (prize money)
9738
-

Team profile of Startup Turkey

Startup Turkey has a team of 1 member located in Turkey. Startup Turkey's team does not sit on the board of any company as of now.

Co-investors of Startup Turkey

Over the past 11 years, 3 investors have co-invested in Startup Turkey's portfolio companies. This includes funds and angels.

  • Invested after Startup Turkey: A total of 3 investors have invested in Startup Turkey's portfolio after their investments. Top Investors include Alchemist Accelerator (1 company) and Simya (1 company).

Recent News related to Startup Turkey

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FAQs about Startup Turkey

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