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Revo Capital

Europe, Istanbul, Turkey, Istanbul

Description

Revo Capital stands as a prominent venture capital firm headquartered in Istanbul, Turkey, recognized for its significant presence in the regional tech investment landscape. The firm manages a substantial portfolio, with assets under management (AUM) reported to be approximately $188 million, solidifying its position as one of Turkey's largest VC funds. Revo Capital primarily targets tech-driven startups in their Series A and Series B funding rounds, demonstrating a commitment to supporting companies poised for significant growth. Its investment mandate extends beyond Turkey, encompassing promising ventures across Eastern Europe and the Baltics, reflecting a broader strategic vision for regional market leadership.

The firm successfully closed its second fund at €90 million, which translates to approximately $97.2 million, underscoring its capacity to deploy substantial capital into its target markets. Revo Capital's investment strategy focuses on providing initial cheques ranging from €500,000 (approximately $540,000) to €5 million (approximately $5.4 million). This range allows them to back a diverse set of early-growth stage companies, with the flexibility to provide additional follow-on investments, potentially reaching up to €10 million, to support their portfolio companies' continued expansion and strategic objectives.

Revo Capital's portfolio showcases a diverse array of innovative companies spanning various sectors, including fintech, SaaS, e-commerce, and digital marketplaces. The firm is known for its active, hands-on approach, offering not just capital but also strategic guidance, operational expertise, and access to an extensive network to help its ventures scale effectively. By fostering the growth of these high-potential startups, Revo Capital plays a crucial role in shaping the technological landscape and fostering innovation across Turkey and the wider EMEA region.

Investor Profile

Revo Capital has backed more than 55 startups, with 1 new investments in the last 12 months alone. The firm has led 16 rounds, about 29% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in Turkey, United States, United Kingdom.
  • Strong thematic focus on Software, FinTech, Financial Services.
  • Typical check size: $540K – $5.4M.

Stage Focus

  • Seed (44%)
  • Series A (22%)
  • Series B (15%)
  • Series Unknown (11%)
  • Series E (2%)
  • Series C (2%)
  • Pre Seed (2%)
  • Convertible Note (2%)
  • Angel (2%)

Country Focus

  • Turkey (49%)
  • United States (24%)
  • United Kingdom (15%)
  • Germany (7%)
  • Latvia (2%)
  • United Arab Emirates (2%)
  • Norway (2%)

Industry Focus

  • Software
  • Fintech
  • Financial Services
  • Saas
  • Information Technology
  • Enterprise Software
  • E-commerce
  • Retail Technology
  • Mobile Apps
  • Finance
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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 Revo Capital frequently co-invest with?

Autotech Ventures
North America, California, United States, Menlo Park
Co-Investments: 2
InMotion Ventures
Europe, England, United Kingdom, London
Co-Investments: 2
Finberg
Europe, Istanbul, Turkey, Istanbul
Co-Investments: 3
International Finance Corporation
North America, District of Columbia, United States, Washington
Co-Investments: 4
Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 2
500 Global
North America, California, United States, San Francisco
Co-Investments: 3
Re-Pie Asset Management
Europe, Istanbul, Turkey, Istanbul
Co-Investments: 2
VEF
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 3
BV
North America, Florida, United States, Miami
Co-Investments: 2
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 2

Which angels does Revo Capital often collaborate with?

SA
Europe, Hovedstaden, Denmark, Copenhagen
Shared Deals: 1
TD
North America, California, United States, San Francisco
Shared Deals: 1
IS
Europe, England, United Kingdom, London
Shared Deals: 2
MM
North America, California, United States, Menlo Park
Shared Deals: 1
NA
North America, California, United States, San Francisco
Shared Deals: 1
AB
Europe, Istanbul, Turkey, Istanbul
Shared Deals: 1
David Henning
North America, North Carolina, United States, Raleigh
Shared Deals: 1
KT
North America, New York, United States, New York
Shared Deals: 1
NM
North America, Virginia, United States, Alexandria
Shared Deals: 1
KG
Europe, Istanbul, Turkey, Istanbul
Shared Deals: 2

What are some of recent deals done by Revo Capital?

Virgosol is a professional technology company, providing services and solutions in strategy, consulting, digital, technology and operations.

Application Performance ManagementConsultingDevOpsInformation TechnologyManagement ConsultingOutsourcingQuality AssuranceSoftware
SeedJul 16, 2025
Amount Raised: $3,500,000
Alpaka Games

Sariyer, Istanbul, Turkey

Alpaka Games is a mobile gaming company.

Mobile Apps
SeedMay 9, 2025
Amount Raised: $2,200,000
Roamless

Wilmington, Delaware, United States

Roamless is a mobile app that provides global mobile connectivity solutions for travelers and digital nomads.

Information TechnologySoftware
SeedJun 13, 2024
Amount Raised: $5,000,000
Midas

Istanbul, Istanbul, Turkey

Midas is the first neobroker of Turkey, providing zero commission Turkish and American stocks.

Financial ServicesTrading Platform
Series AApr 19, 2024
Amount Raised: $45,000,000
ikas

Berlin, Berlin, Germany

Ikas is a next-generation e-commerce platform for small to medium-sized businesses.

E-Commerce PlatformsRetail TechnologySaaSSmall and Medium Businesses
Series AApr 4, 2024
Amount Raised: $20,000,000
HyperBeeAI

Palo Alto, California, United States

HyperBeeAI develops and sells large language model (LLM)-based AI products.

SeedJan 30, 2024
Bluedot

San Francisco, California, United States

Bluedot is a payment platform for EV charging stations.

AutomotiveCharging InfrastructureEnergy ManagementSharing EconomySoftwareTransportation
SeedJan 22, 2024
Bumper

London, England, United Kingdom

Bumper is an automotive fintech company that provides payment solutions to car dealerships.

AutomotiveFinanceFinTech
Series BJan 3, 2024
Amount Raised: $50,693,423
Roamless

Wilmington, Delaware, United States

Roamless is a mobile app that provides global mobile connectivity solutions for travelers and digital nomads.

Information TechnologySoftware
SeedDec 19, 2023
Amount Raised: $2,600,000
FileOrbis

Dubai, Dubai, United Arab Emirates

FileOrbis is a file management platform that provides file-sharing and management services.

Document ManagementFile SharingSoftware
SeedJun 1, 2023
Amount Raised: $2,000,000