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Aslanoba Capital

Europe, Istanbul, Turkey, Istanbul

Description

Aslanoba Capital is an early-stage venture capital firm founded by prominent Turkish entrepreneur Hasan Aslanoba, based in Istanbul. Leveraging the significant wealth and experience gained from the successful acquisition of his food delivery platform, Yemeksepeti, by Delivery Hero for $589 million in 2015, Aslanoba Capital primarily functions as a family office. This structure allows for agile decision-making and a long-term investment horizon, distinguishing it from traditional institutional funds. The firm is dedicated to fostering innovation within the technology sector, particularly in its home market of Turkey and increasingly in the United States.

The firm's investment thesis centers on identifying and supporting promising internet and mobile-centric startups. Their portfolio typically includes companies operating in e-commerce, SaaS, marketplace models, and other digital platforms that demonstrate strong potential for scalability and disruption. Aslanoba Capital is known for its hands-on approach, providing not just financial backing but also strategic guidance, operational expertise, and access to a vast network of industry contacts. This value-add is crucial for early-stage companies navigating the complexities of growth and market entry.

Aslanoba Capital targets early-stage opportunities, primarily focusing on seed and Series A rounds. Their typical initial investment ranges from $100,000 to $750,000, although they possess the flexibility to make larger follow-on investments in their most successful portfolio companies. The firm's dual geographic focus allows it to tap into the vibrant startup ecosystem in Turkey while also exploring high-growth opportunities in the more mature yet dynamic US market. This strategic diversification reflects a comprehensive approach to identifying and nurturing global tech leaders.

Investor Profile

Aslanoba Capital has backed more than 95 startups, with 1 new investments in the last 12 months alone. The firm has led 16 rounds, about 17% of its total and boasts 14 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in Turkey, United States, United Kingdom.
  • Strong thematic focus on E-Commerce, Internet, Fashion.
  • Typical check size: $100K – $750K.

Stage Focus

  • Seed (40%)
  • Series A (26%)
  • Series B (15%)
  • Series Unknown (12%)
  • Angel (2%)
  • Series E (1%)
  • Series D (1%)
  • Series C (1%)
  • Convertible Note (1%)
  • Secondary Market (1%)

Country Focus

  • Turkey (63%)
  • United States (34%)
  • United Kingdom (2%)
  • Ireland (1%)

Industry Focus

  • E-commerce
  • Internet
  • Fashion
  • Software
  • Marketplace
  • Mobile
  • Delivery
  • Information Technology
  • Automotive
  • Retail
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Aslanoba Capital frequently co-invest with?

LAUNCH
North America, California, United States, San Francisco
Co-Investments: 3
Earlybird Venture Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 5
212
Europe, Istanbul, Turkey, Istanbul
Co-Investments: 3
500 Global
North America, California, United States, San Francisco
Co-Investments: 3
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 2
Great Oaks Venture Capital
North America, New York, United States, New York
Co-Investments: 2
Otter Rock Capital
North America, California, United States, Los Angeles
Co-Investments: 3
AngelPad
North America, California, United States, San Francisco
Co-Investments: 2
Marc Bell Ventures
North America, Florida, United States, Boca Raton
Co-Investments: 5
Slow Ventures
North America, California, United States, San Francisco
Co-Investments: 3

Which angels does Aslanoba Capital often collaborate with?

Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 3
BW
North America, California, United States, Los Angeles
Shared Deals: 2
BC
Europe, Turkey
Shared Deals: 4
FG
North America, New York, United States, New York
Shared Deals: 2
NA
Europe, Istanbul, Turkey
Shared Deals: 3
JM
Europe, Madrid, Spain, Madrid
Shared Deals: 2
PC
North America, California, United States, Los Angeles
Shared Deals: 2
SB
Europe, Istanbul, Turkey, Istanbul
Shared Deals: 3
Chris Sang
Oceania, New South Wales, Australia, Sydney
Shared Deals: 2
SP
North America, California, United States, San Francisco
Shared Deals: 2

What are some of recent deals done by Aslanoba Capital?

obilet.com

Istanbul, Istanbul, Turkey

Obilet is an online travel ticketing platform, offering bus, flight and ferry tickets as well as hotel accomodations and rental cars.

E-CommerceTicketingTransportationTravel
Series BDec 13, 2024
CARD.com

San Ramon, California, United States

CARD.com creates fashionable and simple payments solutions for its members.

BankingCreditFinTechMobilePayments
Series BDec 1, 2020
Amount Raised: $6,593,000
Colendi

London, England, United Kingdom

Colendi provides embedded fintech services that democratize banking services for consumers, merchants, and financial institutions.

BankingFinanceFinancial ServicesFinTechLending
SeedAug 29, 2018
Amount Raised: $2,500,000
Modacruz

Istanbul, Istanbul, Turkey

Modacruz is an online social marketplace that enables women to buy and sell pre-owned luxury fashion items.

E-CommerceFashionInternetJewelryLifestyleMarketplaceShoes
Series BJun 19, 2017
Amount Raised: $2,000,000
BuldumBuldum.com

Istanbul, Istanbul, Turkey

BuldumBuldum.com is a Turkish online shopping site offering a wide variety of products and novelty items.

E-CommerceInternetRetailShopping
Series UnknownApr 1, 2017
Amount Raised: $400,000
Carbon Health

San Francisco, California, United States

Carbon Health is a tech-enabled healthcare company that delivers a virtual care experience.

Electronic Health Record (EHR)Health CareMedicalmHealthMobile Apps
SeedMar 30, 2017
Amount Raised: $4,200,000
Meal Box

Istanbul, Istanbul, Turkey

On-demand and subscription based meal delivery company of Turkey. Food delivered within 30 min., hot and in an awarded service box.

DeliveryE-CommerceFood Processing
Series UnknownJan 1, 2017
Amount Raised: $300,000
idemama

Istanbul, Istanbul, Turkey

Idemama is an online platform that provides its users with web and graphic design services.

Crowdsourcing
Convertible NoteSep 1, 2016
Amount Raised: $40,000
Astra

Coral Springs, Florida, United States

Astra, doing business as Astra Logistic Services, operates as a logistics management company.

LogisticsWarehousing
Series UnknownSep 1, 2016
Amount Raised: $16,000,000
Orchestra One

San Francisco, California, United States

Orchestra One is a free web-based scheduling, payments and communications system for private practices.

FitnessWellness
Series AAug 15, 2016
Amount Raised: $2,500,000