We are the largest VC in Turkey. At the end of 2013 we raised our inaugural fund of $66M. In September 2021 we closed our oversubscribed second fund of €90 million. We invest in truly innovative, early-stage B2B or B2C technology ventures in Turkey, Eastern Europe and the Baltics and so far, made 31 investments and 13 successful exits to date.
Our client is the entrepreneur. What distinguishes us is our closeness to founders and we are truly a member of the team. Our principle is not to create work for the entrepreneur, but to take weight off them.
We Understand the Journey an Entrepreneur Takes
We assembled a team from diversified backgrounds with entrepreneurial spirit and product, business and finance experience.
Startups need the right skills, guidance, management discipline, and structure to sail smoothly amid growth opportunities and unpredictable challenges. We work with founders across their growth lifecycle and walk with them through the complete journey from investment to exit.
Our Vertical Focus
Fintech
Optimize & automate financial processes and services including mobile banking, insurance, and investment applications.
B2B Cloud
Innovative & business model-driven enterprise and SME-focused cloud businesses
Marketplaces
SaaS-enabled C2C, B2C, and B2B online marketplaces
Big Data & AI
Insights & automating tasks. Integrating these technological advantages into organizations future-proofing their business models.
Marketing tech
Reshaping marketing through digital and omnichannel solutions
Health IT
Emphasis on software solutions in analytics, diagnostics, monitoring & management
Our initial ticket size is between $1 million and $6 million in post-seed to Series B rounds. Historically our average ticket size is around $2 million.
Disclaimer: SFDR disclosure: In its business operations Revo Capital stands for ‘good citizenship’ and positions itself as a venture capital firm that appreciates long term relations, pursuing sound returns, without thereby striving for specific sustainability objectives. Under the Sustainable Financial Disclosure Regulation (SFDR) Revo Capital qualifies as an Article 6 investment firm. Revo does however have an Environmental & Social (E&S) Policy and an E&S Procedure, thereby committing to avoid investments in portfolio companies that are earmarked as having a material adverse E&S impact. The E&S Procedure prescribes to observe exclusion lists as maintained by some of our LPs and to identify and assess material E&S risks in the course of due diligence on portfolio companies. Following the due diligence, Revo classifies its portfolio companies in either ‘no E&S risk’, ‘no E-risk, low S-risk’ or ‘unacceptable E&S risk’. The E&S Procedure includes ongoing monitoring during the relationship with our portfolio companies. We add that, given Revo’s investment focus on early stage tech companies and its plain vanilla VC products / services (equity or near equity), the inherent E&S risks associated with its portfolio companies are in general remote.