
Collective Spark
Description
Collective Spark is a prominent venture capital fund based in Istanbul, Turkey, dedicated to fostering the growth of early-stage technology ventures. Established with a clear vision to support innovative startups, the firm plays a crucial role in the burgeoning Turkish startup ecosystem and beyond. Its investment strategy is primarily centered on identifying and backing promising companies that demonstrate strong potential for disruption and scalability within various tech sectors, including SaaS, fintech, e-commerce, and artificial intelligence.
The fund typically targets companies from the Seed to Series A stages, providing critical capital during these formative periods. Collective Spark's initial investments generally range from $250,000 to $1,000,000, reflecting their commitment to providing substantial early-stage support while also allowing for follow-on investments as portfolio companies mature. This focused approach enables them to work closely with founders, offering not just financial backing but also strategic guidance and access to their extensive network.
Collective Spark has demonstrated significant growth and impact since its inception. The firm successfully closed its first fund, Collective Spark I, at $15 million, which was deployed across a diverse portfolio of promising startups. Building on this success, they have recently launched Collective Spark II, a new fund targeting a total of $50 million, signaling their continued ambition and confidence in the regional tech landscape. This expansion underscores their increasing capacity to fuel innovation and support a larger cohort of high-potential companies, solidifying their position as a key player in the venture capital scene.
The firm emphasizes a hands-on approach, leveraging the collective experience of its partners and advisors to help portfolio companies navigate challenges, scale operations, and achieve market leadership. Their commitment extends beyond capital, aiming to build long-term partnerships with entrepreneurs to drive sustainable growth and create significant value.
Investor Profile
Collective Spark has backed more than 33 startups, with 0 new investments in the last 12 months alone. The firm has led 16 rounds, about 48% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in Turkey, United States, Germany.
- Strong thematic focus on Software, Analytics, FinTech.
- Typical check size: $250K – $1M.
Stage Focus
- Seed (39%)
- Series A (21%)
- Pre Seed (15%)
- Series B (12%)
- Series Unknown (12%)
Country Focus
- Turkey (52%)
- United States (30%)
- Germany (9%)
- Singapore (3%)
- Greece (3%)
- United Arab Emirates (3%)
Industry Focus
- Software
- Analytics
- Fintech
- Home Services
- Enterprise Software
- Saas
- Logistics
- Professional Services
- Service Industry
- Product Design
Frequently Asked Questions
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