About Sankonline
Sankonline is a venture capital firm founded in 2014. It is primarily based out of Istanbul, Turkey. As of Aug 2022, Sankonline has invested in 20 companies. It primarily invests in Series A round in Turkey based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to HealthTech and High Tech. Most recently it participated in the $***** Seed round of Hirize Overall, Sankonline portfolio has seen 2 acquisitions, namely Forte and GlobeKeeper. A lot of funds co-invest with Sankonline, with names like 500 Istanbul sharing a substantial percentage of its portfolio. Sankonline has team of 4 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Portfolio Soonicorns
Sankonline's List of Top Investments
Sankonline has a portfolio of 20 companies. Their most notable investments are in ULive and Otelz.com.Their portfolio spans across Turkey, United States and Israel. They have invested in Enterprise Applications, HealthTech, High Tech and 8 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Sankonline:
1. Mori
Mori, which borrows the Japanese word for forest, is an eCommerce store that offers garments made of soft bamboo fiber for babies, up to 3 years old, that is thermal regulating. The company also offers its products on a subscription basis that start from £12 per parcel and are delivered on a monthly basis. The parcel contains personalized baby clothing, blankets, towels, sleeping bags, and other items depending on the size of the parcel chosen by the parents. The company also offers personalized gift parcels.
Key facts about Mori
- Founded Year: 2014
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Dec 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $9.48M
- Employee Count: 165 as on Sep 30, 2026
- Investors: 500 Global, Guinness Global Investors and 42 Others
- Latest Funding Round: Series A, May 24, 2019, $*****
- Highlight: Editors' Pick
2. Hiwell
Operator of a platform providing online access to psychological counseling. The platform facilitates connections with licensed psychologists for personalized support. It offers users a way to engage in therapy through secure online sessions. The platform provides tools for matching individuals with suitable therapists based on their needs.
Key facts about Hiwell
- Founded Year: 2019
- Location: Istanbul (Turkey)
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $3.5M
- Employee Count: 913 as on Aug 31, 2026
- Investors: Sankonline, Bogazici Ventures and 4 Others
- Latest Funding Round: Seed, Jul 02, 2024, $*****
- Highlight: Editors' Pick
3. Kolay IK
Cloud-based platform for HRMS suite. The platform helps enterprises to maintain a central database for all employee-related data. The platform provides tools for personnel management, permission management, expense tracking, overtime management, embezzlement tracking, performance management, attendance management, shift management, etc. It is the tool available on the subscription-based pricing model.
Key facts about Kolay IK
- Founded Year: 2015
- Location: Istanbul (Turkey)
- Stage: Seed
- Total Funding till date: $2.38M
- Employee Count: 144 as on Sep 30, 2026
- Investors: Sankonline, e2vc and 5 Others
- Latest Funding Round: Seed, Jun 13, 2022, $*****
- Highlight: Editors' Pick
4. BiSU
App-based platform offering water. The company allows users to know the pH values, and compare water prices. It also provides other grocery products such as fruits, vegetables, meat, seafood, coffee, grains, and more. The application is available for Android and iOS devices.
Key facts about BiSU
- Founded Year: 2015
- Location: Istanbul (Turkey)
- Stage: Seed
- Employee Count: 337 as on Sep 30, 2026
- Investors: 500 Istanbul, Sankonline and 3 Others
- Latest Funding Round: Seed, Mar 27, 2023, $*****
- Highlight: Editors' Pick
5. Otelz.com
Otelz.com is an online marketplace for hotel booking. It is a booking engine that connects directly contracted with over 3500 hotels in Turkey. It does not charge any booking fee from the guests. They partner with selected hotels throughout Turkey. They generate revenue by charging a commission to the hotel.
Key facts about Otelz.com
- Founded Year: 2013
- Location: Istanbul (Turkey)
- Stage: Series A
- Total Funding till date: $3.78M
- Employee Count: 196 as on Sep 30, 2026
- Investors: Howzat Partners, Mavcap and 2 Others
- Latest Funding Round: Series A, Sep 06, 2017, $*****
Sankonline's Year-on-Year Investment Trends
Sankonline has invested in 20 companies over the last 10 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Hirize.Sankonline's Investments by Stage
Sankonline has made 2 investments in Seed stage and 2 investments in Series A stage with an average round size of $2.19M.Stage of entry | No. of Investments |
|---|---|
Seed | 2 |
Series A | 2 |
Note: We have considered here, only first round of investments
Sankonline's Investments by Sector
Sankonline has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Food and Agriculture Tech, HealthTech and Travel and Hospitality Tech. Notably, it has invested in 17 Tech companies, 12 Enterprise (B2B) companies, 12 Software companies and at least 8 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 2 |
Enterprise Applications | 1 |
Food and Agriculture Tech | 1 |
HealthTech | 1 |
Travel and Hospitality Tech | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Sankonline's Investments by Geography
Sankonline has made most investments in Turkey (3), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
Turkey | 3 |
United States | 1 |
Note: We have considered here, only first round of investments
Sankonline's recent investments
Sankonline has not made any investment in 2026 so far.Here are the most recent investments by Sankonline:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 08, 2022 | United States | Seed | 6779 | [+1] | |
Jun 30, 2022 | Turkey | Series A | 9409 | ||
Sep 06, 2017 | Turkey | Series A | 6878 | ||
Oct 20, 2016 | Turkey | Seed | 3218 |
Acquired companies in Sankonline's Portfolio
2 companies from Sankonline's portfolio have been acquired. The most recent acquisition was Forte in Jul 2025 by Echelon Fitness for $*****.Here are Sankonline's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 22, 2025 | - | - | 5787 | |
Mar 31, 2016 | - | - | 2164 |
Team profile of Sankonline
Sankonline has a team of 4 members including 3 Partners located in Turkey. Sankonline's team does not sit on the board of any company as of now.Here is a list of all team members in Sankonline:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Istanbul | - | - | |
Partner | Turkey | - | ||
Partner | Turkey | - | - |
Co-investors of Sankonline
Over the past 10 years, 10 investors have co-invested in Sankonline's portfolio companies. This includes funds and angels.
- Invested before Sankonline: TechOne Venture Capital, twozero Ventures and 1 other have invested in rounds before Sankonline. There is 1 company where TechOne Venture Capital has invested before Sankonline and 1 company where twozero Ventures has invested before Sankonline.
- Top Co-investors of Sankonline: 5 investors entered a company along with Sankonline. These include investors like 500 Istanbul (1 company).
- Invested after Sankonline: Integral Private Equity Portfolio Management (1 company) and Techstars (1 company) are the investors which have invested in Sankonline's portfolio after their investments.
Recent News related to Sankonline
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Digital fitness app Ulive receives investment over $6.6 million valuationegirisim•Jun 30, 2022•ULive, TechOne Venture Capital, twozero Ventures, Sankonline
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Otelz received 13 million TL investment under the leadership of SankonlineWebrazzi•Sep 06, 2017•Otelz.com, Sankonline, Howzat Partners
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Water order application BiSU received investment under the leadership of Sankonline!Webrazzi•Oct 20, 2016•BiSU, Sankonline, 500 Istanbul
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Sankonline will invest 7.9 million TL in the mobile payment system ÖdeAlWebrazzi•Mar 11, 2015•Sankonline, Odeal
