Bek Ventures

Bek Ventures, established in 2013 and headquartered in Luxembourg, is a prominent venture capital firm specializing in early-stage tech startups from Emerging Europe with global expansion plans. With over $600 million committed across active funds, the firm has a proven track record of backing successful companies like UiPath, Payhawk, and Peak, contributing to their multi-billion dollar valuations. Bek Ventures was recently recognized as the top-performing global VC since 2010 by HEC-Dow Jones.

Ertunc Alioglu

CFO

Cem Sertoglu

Managing Partner

Past deals in Turkey

Tapu.com

Convertible Note in 2023
Tapu.com is an innovative online real estate platform based in Turkey, launched in 2015 as the first transactional marketplace of its kind in the country. The platform facilitates online bidding for real estate, connecting various sellers—including financial institutions, construction companies, and individual property owners—with qualified buyers. Tapu.com provides an end-to-end service that simplifies the real estate transaction process, enhancing transparency and efficiency. Utilizing a competitive bidding system, the platform allows buyers to determine property prices based on independent valuation reports and verified listings. As of December 2023, Tapu.com has successfully completed 7,500 transactions across 80 cities in Turkey and continues to sell hundreds of properties each month, making it a significant player in the Turkish real estate market.

obilet.com

Series C in 2021
Obilet Bilisim Sistemleri A.S. is an online bus ticket booking platform based in Istanbul, Turkey, and is recognized as the leading service in its market. It simplifies the process of purchasing domestic bus tickets by aggregating offerings from over 150 bus companies across more than 40,000 routes, allowing users to easily compare prices and select the best options. While the platform also facilitates flight bookings, its primary focus remains on intercity bus travel. Founded in April 2012 by Yigit Gurocak and Ali Yilmaz, Obilet started with a small team and a modest ticket sales volume, but has since grown significantly, employing over 160 people. In 2019, the company sold approximately 10 million tickets and recorded over 160 million website visits, with its mobile app recognized as Europe's best travel application by MasterCard. With strong backing from venture capital and a dynamic operational environment, Obilet aims for continued growth, leveraging Turkey's high passenger potential.

Hazelcast

Series D in 2020
Hazelcast, Inc. is a technology company that specializes in developing an open-source clustering and scalable data distribution platform tailored for Java applications. Founded in 2008 and headquartered in Palo Alto, California, with an additional research and development office in Istanbul, Turkey, Hazelcast offers a suite of products including an in-memory data grid solution, a stream processing engine called Hazelcast Jet, and a web-based management tool for monitoring and managing clusters. The company's platform integrates high-performance stream processing with rapid data management, enabling businesses to effectively handle transactional, operational, and analytical workloads. Organizations worldwide leverage Hazelcast's solutions to simplify real-time architectures, enhance business-critical processes, and support AI and machine learning deployments, ultimately driving efficiency and revenue while maintaining a low total cost of ownership.

obilet.com

Series C in 2019
Obilet Bilisim Sistemleri A.S. is an online bus ticket booking platform based in Istanbul, Turkey, and is recognized as the leading service in its market. It simplifies the process of purchasing domestic bus tickets by aggregating offerings from over 150 bus companies across more than 40,000 routes, allowing users to easily compare prices and select the best options. While the platform also facilitates flight bookings, its primary focus remains on intercity bus travel. Founded in April 2012 by Yigit Gurocak and Ali Yilmaz, Obilet started with a small team and a modest ticket sales volume, but has since grown significantly, employing over 160 people. In 2019, the company sold approximately 10 million tickets and recorded over 160 million website visits, with its mobile app recognized as Europe's best travel application by MasterCard. With strong backing from venture capital and a dynamic operational environment, Obilet aims for continued growth, leveraging Turkey's high passenger potential.

Hazelcast

Series D in 2019
Hazelcast, Inc. is a technology company that specializes in developing an open-source clustering and scalable data distribution platform tailored for Java applications. Founded in 2008 and headquartered in Palo Alto, California, with an additional research and development office in Istanbul, Turkey, Hazelcast offers a suite of products including an in-memory data grid solution, a stream processing engine called Hazelcast Jet, and a web-based management tool for monitoring and managing clusters. The company's platform integrates high-performance stream processing with rapid data management, enabling businesses to effectively handle transactional, operational, and analytical workloads. Organizations worldwide leverage Hazelcast's solutions to simplify real-time architectures, enhance business-critical processes, and support AI and machine learning deployments, ultimately driving efficiency and revenue while maintaining a low total cost of ownership.

Vivense

Series D in 2018
Vivense is a Turkish online furniture retailer that connects customers with furniture manufacturers. It offers a broad range of furniture items such as sofas, chairs, tables, beds, dining tables, lighting, and decor. Through its platform, customers can order furniture online, with free delivery available for certain products.

obilet.com

Series B in 2018
Obilet Bilisim Sistemleri A.S. is an online bus ticket booking platform based in Istanbul, Turkey, and is recognized as the leading service in its market. It simplifies the process of purchasing domestic bus tickets by aggregating offerings from over 150 bus companies across more than 40,000 routes, allowing users to easily compare prices and select the best options. While the platform also facilitates flight bookings, its primary focus remains on intercity bus travel. Founded in April 2012 by Yigit Gurocak and Ali Yilmaz, Obilet started with a small team and a modest ticket sales volume, but has since grown significantly, employing over 160 people. In 2019, the company sold approximately 10 million tickets and recorded over 160 million website visits, with its mobile app recognized as Europe's best travel application by MasterCard. With strong backing from venture capital and a dynamic operational environment, Obilet aims for continued growth, leveraging Turkey's high passenger potential.

Tapu.com

Venture Round in 2018
Tapu.com is an innovative online real estate platform based in Turkey, launched in 2015 as the first transactional marketplace of its kind in the country. The platform facilitates online bidding for real estate, connecting various sellers—including financial institutions, construction companies, and individual property owners—with qualified buyers. Tapu.com provides an end-to-end service that simplifies the real estate transaction process, enhancing transparency and efficiency. Utilizing a competitive bidding system, the platform allows buyers to determine property prices based on independent valuation reports and verified listings. As of December 2023, Tapu.com has successfully completed 7,500 transactions across 80 cities in Turkey and continues to sell hundreds of properties each month, making it a significant player in the Turkish real estate market.

Vivense

Series C in 2017
Vivense is a Turkish online furniture retailer that connects customers with furniture manufacturers. It offers a broad range of furniture items such as sofas, chairs, tables, beds, dining tables, lighting, and decor. Through its platform, customers can order furniture online, with free delivery available for certain products.

obilet.com

Venture Round in 2017
Obilet Bilisim Sistemleri A.S. is an online bus ticket booking platform based in Istanbul, Turkey, and is recognized as the leading service in its market. It simplifies the process of purchasing domestic bus tickets by aggregating offerings from over 150 bus companies across more than 40,000 routes, allowing users to easily compare prices and select the best options. While the platform also facilitates flight bookings, its primary focus remains on intercity bus travel. Founded in April 2012 by Yigit Gurocak and Ali Yilmaz, Obilet started with a small team and a modest ticket sales volume, but has since grown significantly, employing over 160 people. In 2019, the company sold approximately 10 million tickets and recorded over 160 million website visits, with its mobile app recognized as Europe's best travel application by MasterCard. With strong backing from venture capital and a dynamic operational environment, Obilet aims for continued growth, leveraging Turkey's high passenger potential.

Tapu.com

Seed Round in 2017
Tapu.com is an innovative online real estate platform based in Turkey, launched in 2015 as the first transactional marketplace of its kind in the country. The platform facilitates online bidding for real estate, connecting various sellers—including financial institutions, construction companies, and individual property owners—with qualified buyers. Tapu.com provides an end-to-end service that simplifies the real estate transaction process, enhancing transparency and efficiency. Utilizing a competitive bidding system, the platform allows buyers to determine property prices based on independent valuation reports and verified listings. As of December 2023, Tapu.com has successfully completed 7,500 transactions across 80 cities in Turkey and continues to sell hundreds of properties each month, making it a significant player in the Turkish real estate market.

Embonds

Convertible Note in 2017
Embonds, formally known as Emerging Markets Bond Exchange Ltd., is a company based in London with a development team in Istanbul. It operates the world's first electronic trading platform specifically designed for emerging market bonds. The platform facilitates the trading of publicly traded sovereign and corporate fixed-income securities from Central and Eastern Europe, the Middle East, and Africa (CEEMEA), covering both domestic and Eurobond debt within the London time zone. Embonds aims to provide a transparent, user-friendly, and accessible electronic platform that pools liquidity from various participants, including asset managers, local primary dealers, and global banks. This approach helps achieve tighter spreads on trades, which are expected to narrow further as liquidity increases.

Vivense

Series B in 2016
Vivense is a Turkish online furniture retailer that connects customers with furniture manufacturers. It offers a broad range of furniture items such as sofas, chairs, tables, beds, dining tables, lighting, and decor. Through its platform, customers can order furniture online, with free delivery available for certain products.

Tapu.com

Seed Round in 2016
Tapu.com is an innovative online real estate platform based in Turkey, launched in 2015 as the first transactional marketplace of its kind in the country. The platform facilitates online bidding for real estate, connecting various sellers—including financial institutions, construction companies, and individual property owners—with qualified buyers. Tapu.com provides an end-to-end service that simplifies the real estate transaction process, enhancing transparency and efficiency. Utilizing a competitive bidding system, the platform allows buyers to determine property prices based on independent valuation reports and verified listings. As of December 2023, Tapu.com has successfully completed 7,500 transactions across 80 cities in Turkey and continues to sell hundreds of properties each month, making it a significant player in the Turkish real estate market.

Embonds

Series B in 2015
Embonds, formally known as Emerging Markets Bond Exchange Ltd., is a company based in London with a development team in Istanbul. It operates the world's first electronic trading platform specifically designed for emerging market bonds. The platform facilitates the trading of publicly traded sovereign and corporate fixed-income securities from Central and Eastern Europe, the Middle East, and Africa (CEEMEA), covering both domestic and Eurobond debt within the London time zone. Embonds aims to provide a transparent, user-friendly, and accessible electronic platform that pools liquidity from various participants, including asset managers, local primary dealers, and global banks. This approach helps achieve tighter spreads on trades, which are expected to narrow further as liquidity increases.

obilet.com

Series A in 2015
Obilet Bilisim Sistemleri A.S. is an online bus ticket booking platform based in Istanbul, Turkey, and is recognized as the leading service in its market. It simplifies the process of purchasing domestic bus tickets by aggregating offerings from over 150 bus companies across more than 40,000 routes, allowing users to easily compare prices and select the best options. While the platform also facilitates flight bookings, its primary focus remains on intercity bus travel. Founded in April 2012 by Yigit Gurocak and Ali Yilmaz, Obilet started with a small team and a modest ticket sales volume, but has since grown significantly, employing over 160 people. In 2019, the company sold approximately 10 million tickets and recorded over 160 million website visits, with its mobile app recognized as Europe's best travel application by MasterCard. With strong backing from venture capital and a dynamic operational environment, Obilet aims for continued growth, leveraging Turkey's high passenger potential.

Embonds

Series A in 2015
Embonds, formally known as Emerging Markets Bond Exchange Ltd., is a company based in London with a development team in Istanbul. It operates the world's first electronic trading platform specifically designed for emerging market bonds. The platform facilitates the trading of publicly traded sovereign and corporate fixed-income securities from Central and Eastern Europe, the Middle East, and Africa (CEEMEA), covering both domestic and Eurobond debt within the London time zone. Embonds aims to provide a transparent, user-friendly, and accessible electronic platform that pools liquidity from various participants, including asset managers, local primary dealers, and global banks. This approach helps achieve tighter spreads on trades, which are expected to narrow further as liquidity increases.

Tapu.com

Seed Round in 2015
Tapu.com is an innovative online real estate platform based in Turkey, launched in 2015 as the first transactional marketplace of its kind in the country. The platform facilitates online bidding for real estate, connecting various sellers—including financial institutions, construction companies, and individual property owners—with qualified buyers. Tapu.com provides an end-to-end service that simplifies the real estate transaction process, enhancing transparency and efficiency. Utilizing a competitive bidding system, the platform allows buyers to determine property prices based on independent valuation reports and verified listings. As of December 2023, Tapu.com has successfully completed 7,500 transactions across 80 cities in Turkey and continues to sell hundreds of properties each month, making it a significant player in the Turkish real estate market.

Embonds

Seed Round in 2014
Embonds, formally known as Emerging Markets Bond Exchange Ltd., is a company based in London with a development team in Istanbul. It operates the world's first electronic trading platform specifically designed for emerging market bonds. The platform facilitates the trading of publicly traded sovereign and corporate fixed-income securities from Central and Eastern Europe, the Middle East, and Africa (CEEMEA), covering both domestic and Eurobond debt within the London time zone. Embonds aims to provide a transparent, user-friendly, and accessible electronic platform that pools liquidity from various participants, including asset managers, local primary dealers, and global banks. This approach helps achieve tighter spreads on trades, which are expected to narrow further as liquidity increases.

Hazelcast

Series B in 2014
Hazelcast, Inc. is a technology company that specializes in developing an open-source clustering and scalable data distribution platform tailored for Java applications. Founded in 2008 and headquartered in Palo Alto, California, with an additional research and development office in Istanbul, Turkey, Hazelcast offers a suite of products including an in-memory data grid solution, a stream processing engine called Hazelcast Jet, and a web-based management tool for monitoring and managing clusters. The company's platform integrates high-performance stream processing with rapid data management, enabling businesses to effectively handle transactional, operational, and analytical workloads. Organizations worldwide leverage Hazelcast's solutions to simplify real-time architectures, enhance business-critical processes, and support AI and machine learning deployments, ultimately driving efficiency and revenue while maintaining a low total cost of ownership.

Embonds

Seed Round in 2014
Embonds, formally known as Emerging Markets Bond Exchange Ltd., is a company based in London with a development team in Istanbul. It operates the world's first electronic trading platform specifically designed for emerging market bonds. The platform facilitates the trading of publicly traded sovereign and corporate fixed-income securities from Central and Eastern Europe, the Middle East, and Africa (CEEMEA), covering both domestic and Eurobond debt within the London time zone. Embonds aims to provide a transparent, user-friendly, and accessible electronic platform that pools liquidity from various participants, including asset managers, local primary dealers, and global banks. This approach helps achieve tighter spreads on trades, which are expected to narrow further as liquidity increases.

Peak Games

Series C in 2013
Peak Games is a prominent mobile gaming company based in Istanbul, Turkey, founded in 2010. The company specializes in social gaming and targets emerging markets in Turkey, the Middle East, and North Africa. Peak is known for its successful mobile franchises, Toon Blast and Toy Blast, which have consistently ranked among the top 10 and top 20 grossing games on the U.S. iPhone charts for the past three years, attracting over 12 million daily active users. The company's approach emphasizes the importance of talented individuals working in autonomous teams to drive innovation and create impactful gaming experiences.

Peak Games

Series B in 2011
Peak Games is a prominent mobile gaming company based in Istanbul, Turkey, founded in 2010. The company specializes in social gaming and targets emerging markets in Turkey, the Middle East, and North Africa. Peak is known for its successful mobile franchises, Toon Blast and Toy Blast, which have consistently ranked among the top 10 and top 20 grossing games on the U.S. iPhone charts for the past three years, attracting over 12 million daily active users. The company's approach emphasizes the importance of talented individuals working in autonomous teams to drive innovation and create impactful gaming experiences.

Peak Games

Series A in 2011
Peak Games is a prominent mobile gaming company based in Istanbul, Turkey, founded in 2010. The company specializes in social gaming and targets emerging markets in Turkey, the Middle East, and North Africa. Peak is known for its successful mobile franchises, Toon Blast and Toy Blast, which have consistently ranked among the top 10 and top 20 grossing games on the U.S. iPhone charts for the past three years, attracting over 12 million daily active users. The company's approach emphasizes the importance of talented individuals working in autonomous teams to drive innovation and create impactful gaming experiences.
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