TRANGELS

TRANGELS stands as a foundational pillar of Turkey's early-stage startup ecosystem, operating as both an angel investment network and an early-stage venture fund, TRANGELS Ventures. Established in 2013, it quickly rose to become the largest and most active angel investment platform in the country, playing a crucial role in fostering innovation and entrepreneurship within the region. Its strategic location in Istanbul allows it to tap into a vibrant and growing pool of tech talent and promising ventures, positioning itself at the heart of the Turkish tech scene.

The firm primarily targets early-stage startups with high growth potential, typically focusing on pre-seed, seed, and occasionally Series A rounds. TRANGELS is known for its flexible investment approach, often co-investing with other angels and venture capital firms to provide robust capital injections. Their typical first check size ranges from $50,000 to $500,000, reflecting their commitment to providing meaningful initial capital to nascent companies. To date, TRANGELS has made investments in over 100 startups, demonstrating a broad and active engagement across various sectors including SaaS, fintech, and e-commerce.

TRANGELS has significantly contributed to the maturation of the Turkish startup landscape, evidenced by its impressive portfolio of successful companies. Notable investments include market leaders like Insider, a leading AI-powered customer experience platform, and Iyzico, a prominent payment solutions provider that was acquired by Prosus. The network has also facilitated 12 successful exits, underscoring its ability to identify and nurture ventures that achieve significant milestones. Beyond capital, TRANGELS leverages its extensive network of experienced angel investors to provide mentorship, strategic guidance, and access to crucial industry connections, thereby enhancing the growth trajectory of its portfolio companies and solidifying its reputation as a value-add investor in the region.