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Esas Ventures

Europe, Istanbul, Turkey, Istanbul

Description

Esas Ventures serves as the dedicated venture capital arm of Esas Holding, one of Turkey's largest and most influential family-owned investment firms. Established to leverage Esas Holding's extensive financial muscle and strategic network, Esas Ventures focuses on identifying and nurturing high-growth technology startups. The firm primarily targets promising early-stage companies, aiming to provide not just capital but also strategic guidance and operational support to help them scale rapidly. Its strong ties to a diversified holding company provide a unique advantage, offering portfolio companies access to a vast ecosystem of resources and potential partnerships across various traditional and new economy sectors.

The investment thesis of Esas Ventures is centered on disruptive innovation across a range of technology verticals. While their primary geographic focus remains Turkey, they also actively explore opportunities in the surrounding region and globally, particularly for companies with strong potential for international expansion. Key sectors of interest include SaaS, fintech, healthtech, e-commerce, mobility solutions, deep tech, and artificial intelligence. In 2020, Esas Ventures significantly bolstered its capacity by launching a dedicated fund with a capital commitment of $50 million, underscoring its long-term commitment to the startup ecosystem and its ambition to be a leading early-stage investor.

For initial investments, Esas Ventures typically writes checks ranging from $250,000 to $3 million, targeting pre-seed, seed, and Series A rounds. This flexibility allows them to engage with startups at various critical junctures of their early development. Beyond the initial capital injection, the firm possesses the capacity to participate in follow-on rounds, potentially investing up to $10 million in later stages to support the continued growth and scaling of their most promising portfolio companies. With over 40 investments to date, Esas Ventures has built a diverse portfolio, demonstrating its active role in shaping the regional tech landscape and fostering the next generation of market leaders.

Investor Profile

Esas Ventures has backed more than 29 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 3% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Turkey.
  • Strong thematic focus on Software, Health Care, E-Commerce.
  • Typical check size: $250K – $3M.

Stage Focus

  • Seed (59%)
  • Series A (17%)
  • Series Unknown (7%)
  • Pre Seed (7%)
  • Series B (3%)
  • Series C (3%)
  • Series D (3%)

Country Focus

  • United States (62%)
  • Canada (7%)
  • Turkey (7%)
  • Germany (3%)
  • Kenya (3%)
  • United Arab Emirates (3%)
  • Mexico (3%)
  • India (3%)
  • Ecuador (3%)
  • Ghana (3%)

Industry Focus

  • Software
  • Health Care
  • E-commerce
  • Financial Services
  • Fintech
  • Internet
  • Saas
  • Marketplace
  • Pharmaceutical
  • Analytics
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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 Esas Ventures frequently co-invest with?

AV
Europe, Istanbul, Turkey, Istanbul
Co-Investments: 8
Soma Capital
North America, California, United States, San Francisco
Co-Investments: 4
Co-Investments: 4
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 2
D4 Ventures
Europe, England, United Kingdom, London
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 8
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 2
Greenoaks
North America, California, United States, San Francisco
Co-Investments: 3
Village Global
North America, California, United States, Covina
Co-Investments: 2
Zeno Partners
North America, California, United States, San Francisco
Co-Investments: 2

Which angels does Esas Ventures often collaborate with?

KA
North America, New York, United States, New York
Shared Deals: 1
AS
North America, California, United States, San Francisco
Shared Deals: 1
BV
North America, California, United States, Los Angeles
Shared Deals: 1
JM
North America, United States
Shared Deals: 5
CG
Europe, England, United Kingdom, London
Shared Deals: 9
CC
North America, New York, United States, New York
Shared Deals: 1
Daniel Gross
North America, California, United States, San Francisco
Shared Deals: 1
AG
North America, California, United States, Stanford
Shared Deals: 1
EG
North America, California, United States, San Francisco
Shared Deals: 1
PB
Europe, Zurich, Switzerland, Zürich
Shared Deals: 1

What are some of recent deals done by Esas Ventures?

Gowit Technology

Newark, Delaware, United States

Omnichannel Retail Media Advertising Platform

AdvertisingAdvertising PlatformsAnalyticsRetail Technology
Pre SeedJun 1, 2023
Amount Raised: $1,000,000
River

Columbus, Ohio, United States

River is a client-first Bitcoin company that focuses on security, innovative Bitcoin products, and exceptional service.

BitcoinBlockchainCryptocurrencyFinancial ExchangesFinancial ServicesFinTech
Series BMay 16, 2023
Amount Raised: $35,000,000
Flora

San Francisco, California, United States

Sustainable e-commerce company

E-CommerceInternetMarketplaceSustainability
SeedSep 28, 2022
Amount Raised: $9,000,000
Procol

Gurgaon, Haryana, India

Enterprise SaaS helping procurement become ~50% more efficient, 2x faster, and deliver 2-10% cost savings.

ComputerEnterprise SoftwareInformation TechnologyProcurementSaaSSoftware
Series ASep 13, 2022
Amount Raised: $6,500,000
RubiBrands

Besiktas, Istanbul, Turkey

Established in 2021, RubiBrands is a beyond Amazon roll-up business that acquires and partners with e-commerce native brands.

Brand MarketingBusiness DevelopmentE-CommerceVenture Capital
SeedMay 24, 2022
Amount Raised: $23,000,000
Fasset

Dubai, Dubai, United Arab Emirates

Fasset is a global digital asset exchange that provides people in emerging markets with accessibility to the digital asset space.

Asset ManagementBlockchainCryptocurrencyFinancial ServicesFinTechWeb3
Series AApr 15, 2022
Amount Raised: $22,000,000
Draft

Toronto, Ontario, Canada

Draft is a marketing company that provides content marketing, social media content, SEO, and content writing services.

Digital MarketingMarketingMarketing AutomationSEO
Series UnknownDec 16, 2021
Amount Raised: $18,950,000
Locale

San Francisco, California, United States

We partner with top Bay Area restaurants to bring you prepared meals that stay fresh all week. Delivered weekly, ready in minutes.

E-CommerceFood DeliveryGroceryInternetMarketplace
SeedOct 19, 2021
Amount Raised: $2,000,000
Just Vertical

Toronto, Ontario, Canada

Just Vertical offers a hydroponic system that allows anyone to easily grow herbs and produce right from home.

AgricultureHardware
SeedOct 1, 2021
Amount Raised: $2,000,000
Constrafor

Manhattan, New York, United States

Constrafor is a construction procurement company that offers financing and software for general contractors.

ConstructionFinancial ServicesFinTechSaaS
SeedJun 1, 2021