Founder One
Description
Founder One is an early-stage venture capital fund based in Istanbul, Turkey, with a distinct focus on impact-driven investments. The firm targets startups at the idea and seed stages, emphasizing initiatives that demonstrate measurable positive societal or environmental outcomes. Their investment thesis is centered on addressing significant global challenges, including climate change, education, healthcare, and financial inclusion. This commitment to impact is reflected in their chosen sectors, which include ClimateTech, EdTech, Future of Work, HealthTech, and FinTech.
As a dedicated early-stage investor, Founder One provides crucial capital to nascent companies, helping them develop from concept to market-ready solutions. The fund typically deploys initial checks ranging from $100,000 to $400,000, positioning them as a significant early backer for Turkish and regional startups. This range allows them to support founders in the critical initial phases of product development and market validation. Their investment approach is not solely financial; they also aim to provide strategic guidance and network access to their portfolio companies, fostering sustainable growth and impact.
As of October 2023, Founder One had already made 12 investments, demonstrating an active presence in the Turkish startup ecosystem. The fund has ambitious plans for expansion, aiming to increase its portfolio to 20 startups by the end of 2024. This aggressive investment pace underscores their belief in the potential of impact-focused ventures and their commitment to building a diverse portfolio across their target sectors. Founder One's strategic location in Istanbul further solidifies its role in nurturing the burgeoning tech and impact startup scene in Turkey and the surrounding region.
Investor Profile
Founder One has backed more than 27 startups, with 4 new investments in the last 12 months alone. The firm has led 14 rounds, about 52% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series Unknown rounds (top funding stages).
- Majority of deals are located in Turkey, United States, Germany.
- Strong thematic focus on Food and Beverage, Food Delivery, EdTech.
- Led 2 rounds in the past year.
- Typical check size: $100K – $400K.
Stage Focus
- Seed (74%)
- Pre Seed (11%)
- Series Unknown (11%)
- Series B (4%)
Country Focus
- Turkey (89%)
- United States (4%)
- Germany (4%)
Industry Focus
- Food And Beverage
- Food Delivery
- Edtech
- Artificial Intelligence (Ai)
- Renewable Energy
- Health Care
- Information Technology
- Software
- Sustainability
- E-commerce
Frequently Asked Questions
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