About 212 Vc
212 Vc is a venture capital firm founded in 2011. It is primarily based out of Luxembourg, Luxembourg. As of Aug 2026, 212 Vc is an active investor, having invested in 50 companies, with 6 new investments in the last 12 months. It primarily invests in Seed round in Turkey based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and Consumer. Most recently it participated in the $***** Series A round of Provenance Overall, 212 Vc portfolio has seen 2 unicorns, 1 IPO and 6 acquisitions including key companies like Freshworks, PayU and Iyzi Payments. A lot of funds co-invest with 212 Vc, with names like Wamda Capital sharing a substantial percentage of its portfolio. 212 Vc has team of 35 people including 12 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
212 Vc's List of Top Investments
212 Vc has a portfolio of 50 companies, including 2 unicorns. Their most notable investments are in RemotePass and Metrobi.Their portfolio spans across Turkey, United States, United Kingdom and 9 more locations. They have invested in Enterprise Applications, Retail, Consumer and 21 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by 212 Vc:
1. Freshworks
Provider of IT service management and customer support solutions. The platform features in delivering AI-assisted cloud platforms designed to streamline IT service management, customer service, and CRM. It offers a suite that leverages advanced, agentic AI features that autonomously reason, act, and resolve issues, enabling ticket resolution.
Key facts about Freshworks
- Founded Year: 2010
- Location: Chennai (India)
- Stage: Public
- Total Funding till date: $400M
- Employee Count: 4,500 as on Dec 31, 2025
- Investors: ADS Ventures, WestBridge Capital and 10 Others
- Latest Funding Round: Series H, Nov 04, 2019, $*****
- Highlight: Public
2. PayU
Provider of online payment solutions and financial services for businesses. It enables local and cross-border transactions in over emerging markets. It provides a comprehensive technology stack for online payments, supporting various payment methods and facilitating secure transactions. It also offers innovative financial services to support the growth of e-commerce and digital payments.
Key facts about PayU
- Founded Year: 2002
- Location: Amsterdam (Netherlands)
- Annual Revenue: $1B+ as on Mar 31, 2024
- Valuation: $*****
- Stage: Funding Raised
- Employee Count: 3,355 as on Sep 30, 2026
- Investors: PROSPER, Gecad Ventures and 4 Others
- Highlight: Editors' Pick
Provider of payment solutions for e-commerce companies and individuals. The platform offers a virtual POS, an integration and management panel for multiple POS systems, and more. It also facilitates payments via credit or debit cards, wallets, bank transfers, and more.
Key facts about Iyzi Payments

4. Chooch
AI-powered computer vision solutions. It provides tools that help businesses analyze visual data in real time to improve decision making and automate workflows. The platform supports applications including security monitoring, healthcare imaging, and industrial automation.
Key facts about Chooch
- Founded Year: 2015
- Location: San Mateo (United States)
- Stage: Series A
- Total Funding till date: $42.9M
- Employee Count: 76 as on Sep 30, 2026
- Investors: Deep Learning, EQUIAM and 9 Others
- Latest Funding Round: Series A, Nov 16, 2022, $*****
- Highlight: Editors' Pick
5. MARTI
Platform offering mobility technology that operates a ride hailing service. It is a mobility app operating a ride-hailing service that offers multiple transportation options to its riders. It enables users to find and book the nearby available scooters through the app by scanning the QR code. Users can rent vehicles by providing location, user details, payment details, and more.
Key facts about MARTI
- Founded Year: 2018
- Location: Istanbul (Turkey)
- Stage: Series B
- Total Funding till date: $27M
- Employee Count: 919 as on Sep 30, 2026
- Investors: Crescent Enterprises, BECO Capital and 11 Others
- Latest Funding Round: Series B, 2021, $*****
212 Vc's Year-on-Year Investment Trends
212 Vc has invested in 50 companies over the last 14 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of Aug 2026, it has made 6 investments in this year. Its most recent first time investment was in Provenance and most recent follow-on round was in Wellbees.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 2 | 6 |
2025 | 3 | 4 | 7 |
2024 | 2 | 2 | 4 |
2023 | 1 | 3 | 4 |
2022 | 4 | 3 | 7 |
2021 | 3 | 0 | 3 |
2020 | 3 | 1 | 4 |
2019 | 4 | 0 | 4 |
2018 | 0 | 0 | 0 |
2017 | 0 | 1 | 1 |
212 Vc's Investments by Stage
212 Vc has made 20 investments in Seed stage with an average round size of $2.47M, 13 investments in Series A stage with an average round size of $6.6M, 1 investment in Conventional Debt stage and 1 investment in Series B stage with an average round size of $1.4M.Stage of entry | No. of Investments |
|---|---|
Seed | 20 |
Series A | 13 |
Conventional Debt | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
212 Vc's Investments by Sector
212 Vc has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Retail, Vertical SaaS and Environment Tech. Notably, it has invested in 43 Tech companies, 36 Enterprise (B2B) companies, 34 Software companies and at least 25 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 21 |
Consumer | 10 |
Retail | 8 |
Vertical SaaS | 7 |
Environment Tech | 4 |
Others | 42 |
Note: We have considered here, only first round of investments
212 Vc's Investments by Geography
212 Vc has made most investments in Turkey (15), followed by United States where it has made 11 investments.Country | No. of Investments |
|---|---|
Turkey | 15 |
United States | 11 |
United Kingdom | 3 |
Germany | 1 |
India | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
212 Vc's recent investments
212 Vc has made 6 investments in 2026 so far. Provenance and Wellbees are the latest among them.Here are the most recent investments by 212 Vc:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 17, 2026 | United Kingdom | Series A | 3251 | - | |
Jun 22, 2026 | United States | Series A | 8233 | ||
Jun 10, 2026 | - | Seed | 5776 | [+4] | |
May 20, 2026 | United States | Series B | 1996 | [+4] | |
Feb 03, 2026 | Switzerland | Seed | 1066 | [+1] |
Unicorns in 212 Vc's Portfolio
212 Vc has 2 unicorns in its portfolio - PayU and Insider One. The most recent unicorn in their portfolio is PayU. It became a unicorn in 2025, 1 years before 212 Vc first invested in it.Here is a list of unicorns in 212 Vc's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
79 | Provider of online payment solutions and financial services for businesses | 2002 | Amsterdam | Funding Raised | jec{gnm | ||
66 | Provider of an AI-powered platform for customer engagement across multiple channels | 2012 | Istanbul | Series E | mjqxceh |
IPOs and Publicly Listed companies in 212 Vc's Portfolio
1 of 212 Vc's portfolio company became public - Freshworks. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2021 at marketcap of $1.03BHere are 212 Vc's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 22, 2021 | - | - | 8030 |
Acquired companies in 212 Vc's Portfolio
6 companies from 212 Vc's portfolio have been acquired. The most recent acquisition was 123FormBuilder in Sep 2024 by Kiteworks for $*****.Here are 212 Vc's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 05, 2024 | Dec 09, 2020 | Series A | 8172 | |
Nov 11, 2021 | Oct 27, 2019 | Series A | 1976 | |
Feb 21, 2020 | - | - | 7618 | |
Jun 11, 2019 | Aug 26, 2014 | Series B | 3670 | |
Sep 04, 2018 | Feb 03, 2026 | Seed | 1787 |
Team profile of 212 Vc
212 Vc has a team of 35 members including 12 Partners, 3 Venture Partners and 4 Principals located in Turkey, United States and 4 more locations. 212 Vc's team does not sit on the board of any company as of now.Here is a list of top team members in 212 Vc:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Turkey | - | - | |
Partner | Amsterdam | - | ||
Partner | Istanbul | - | ||
Partner | United States | - | ||
Partner | France | - | ||
Partner | Washington | - | ||
Partner | Istanbul | - | - | |
Partner | London | - | - | |
Partner | Princeton | - | ||
Partner | Istanbul | - | - | |
Partner | Istanbul | - |
Co-investors of 212 Vc
Over the past 14 years, 193 investors have co-invested in 212 Vc's portfolio companies. This includes funds and angels.
- Invested before 212 Vc: Speedinvest, Galata Business Angels and 74 others have invested in rounds before 212 Vc. There are 2 companies where Speedinvest has invested before 212 Vc and 2 companies where Galata Business Angels has invested before 212 Vc.
- Top Co-investors of 212 Vc: 61 investors entered a company along with 212 Vc. These include investors like Wamda Capital (2 companies).
- Invested after 212 Vc: A total of 56 investors have invested in 212 Vc's portfolio after their investments. Top Investors include Endeavor (3 companies), Aslanoba Capital (3 companies) and EBRD (2 companies).
Recent News related to 212 Vc
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Promake Secures $4M Seed Funding Led by 212 to Expand AI Business Management PlatformThe SaaS News•Jun 11, 2026•212 Vc, Promake, Jimco
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RemotePass Secures $17.4M Series B to Expand Global Payroll and Hiring PlatformTech.eu•May 20, 2026•RemotePass, EBRD, EBRD, Oraseya Capital and 5 others
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Haelixa Secures EUR 2 Million to Boost Global GrowthStartupticker•Feb 03, 2026•Verve Ventures, Haelixa, Zurcher Kantonalbank, 212 Vc
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one.five: Hamburg-based AI packaging startup receives 14 million eurosTrending Topics•Jan 19, 2026•GGF, Hans-Riegel-Stiftung, WEPA, SymbiaVC and 14 others
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Aibuild Secures Investment from Driventure and 212 NexT to 3D Printing Industry•Dec 17, 2025•Ai Build, Driventure, Force Over Mass, Atlas Venture and 5 others
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Bolt Insight Raises £7M in FundingFinSMEs•Dec 10, 2025•Active Partners, Bolt Insight, 212 Vc, Pembroke VCT and 3 others
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Czech-founded voice AI startup Freya raises $3.5M seed round to automate business conversationsAin•Nov 05, 2025•Freya, NOnetech, BD Partners, Rebel Fund and 5 others
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