Profile
Young Turk Ventures is a venture capital firm based in Istanbul, founded in 2005 by Cem Sertoglu, who is also a partner at Earlybird Venture Capital. The firm is the personal investment vehicle of Cem Sertoglu, focusing on technology ventures in Turkey and Central and Eastern Europe (CEE). With a strong emphasis on the connected economy, Young Turk Ventures aims to capitalize on the rapid commercialization within the region's internet and mobile technology sectors. Cem's experience includes founding SelectMinds in New York and working as a Strategy Consultant, which enhances his strategic investment insights.
Young Turk Ventures is stage agnostic, investing in all phases of a company's evolution. The firm is particularly interested in opportunities within the connected economy, leveraging its expertise in technology and e-commerce. Its investment strategy encompasses capital leverage, strategic input, and executional support. They predominantly focus on the Turkey and CEE region, but specific check sizes and total Assets Under Management (AUM) are not disclosed on the site.
Some notable portfolio companies include GittiGidiyor - a major Turkish internet exit, YemekSepeti - an online meal delivery marketplace, Grupanya - Turkey’s leading daily deal business, and Wikimart.ru - a leading Russian e-commerce platform. These investments reflect the firm's focus on technology-driven businesses and the transition of economic activity online.
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