# Alarko Ventures

> Alarko Ventures is a VC fund in Istanbul backing E-Commerce, FinTech and Internet. See 34 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Istanbul, Turkey
- Total investments: 34
- Last investment: Jun 2024
- Lead investor: 6%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/alarko-ventures/about/

Alarko Ventures is a VC fund in Istanbul focused on E-Commerce and FinTech. We invest in the most promising tech companies globally. We are the venture capital arm of the Alarko Group, a leading Turkish conglomerate.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2M–$15M |
| Pre-Seed | $125k–$1M |
| Series A | $5.5M–$30M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 8 | 24% |
| FinTech | 5 | 15% |
| Internet | 3 | 9% |
| Payments | 3 | 9% |
| Software | 3 | 9% |

46 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 11 | 32% |
| Pre-Seed | 4 | 12% |
| Series A | 4 | 12% |
| Series B | 3 | 9% |
| Series C | 1 | 3% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 6 | 18% |
| India | 4 | 12% |
| Canada | 2 | 6% |
| United Kingdom | 2 | 6% |
| Ghana | 1 | 3% |

9 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Constructor | Constructor.io is the only search and product discovery platform tailor-made for enterprise eCommerce where conversions matter. Constructor's cloud-based solutions use natural language processing, machine learning-enhanced results ranking, and collaborative personalization to deliver powerful user experiences across all facets of productdiscovery -- from search to browse, recommendations, autosuggest, quizzes, and attribute enrichment.We optimize revenue before relevance. This has allowed us to generate consistent $10M+ lifts for our customers, which include some of the biggest brands in retail like Sephora, American Eagle, Backcountry, Birkenstock, and Bonobos. Constructor is a remote-first company with employees around the world. We were founded in 2015 by Eli Finkelshteyn and Dan McCormick. | $25M | Series B | Jun 17, 2024 |  |
| Gauss | Gauss is a mobile application that assists people in building wealth while paying down credit card debt. Gauss monitors and automatically pays off any high-interest balances on linked cards, saving consumers hundreds of dollars in interest payments and allowing them to pay off bills faster and improve their credit ratings.Gauss is headquarteredin New York City, New York and was founded in 2021. |  | Seed | Jan 01, 2024 |  |
| RubiBrands | Established in 2021, RubiBrands is a beyond Amazon roll-up business that acquires and partners with e-commerce native brands. It then grows these brands into global powerhouses through investments, centralizing and optimizing operations, focusing sourcing to Turkey, brand building and introduction to new markets and channels. | $3M | Seed | Oct 04, 2023 |  |
| GoWit Technology | GoWit is a leading AdTech company, specializing in a multi-channel Retail Media Ads platform for online retailers. Our main objective is to empower businesses with comprehensive advertising solutions and maximize ad monetization. To reach a broader audience, we offer a variation of on-site & off-site advertising options such as SponsoredProducts, Sponsored Brands, Display, Video and In-Store Ads. With a clear focus on transparency, we are committed to helping our partners establish a powerful presence in the ever-growing world of retail. |  | Seed | Jun 01, 2023 |  |
| GoWit Technology | GoWit is a leading AdTech company, specializing in a multi-channel Retail Media Ads platform for online retailers. Our main objective is to empower businesses with comprehensive advertising solutions and maximize ad monetization. To reach a broader audience, we offer a variation of on-site & off-site advertising options such as SponsoredProducts, Sponsored Brands, Display, Video and In-Store Ads. With a clear focus on transparency, we are committed to helping our partners establish a powerful presence in the ever-growing world of retail. | $1M | Pre-Seed | Jun 01, 2023 |  |
| River | River Financial is a challenger financial institution specializing in Bitcoin financial services. River Financial's flagship product, a Bitcoin brokerage, provides sophisticated retail investors with a high-touch platform to buy and sell Bitcoin.Founded in 2019 by Alexander Leishman and Andrew Benson, River's brokerage product providesits clients with best-in-class security, a world-class client service experience, and investment performance tools such as cost basis tracking. | $35M | Series B | May 16, 2023 |  |
| X1 | X1 manufactures a smart credit card made with 17 grams of sleek, stainless steel. It harnesses the power of technology to offer smart credit limits, an unparalleled rewards program, and automated features that will transform the way you shop and spend. X1 is partnered with Visa Signature, allowing cardholders to use it at more than 46 millionmerchants around the world. The company is co-founded by Twitter alums Deepak Rao and Siddharth Batra and backed by PayPal co-founder Max Levchin and founding COO David Sacks, Harrison Metal founder Michael Dearing, former Twitter COO Adam Bain, Libra co-creator & Instagram’s former head of product Kevin Weil and more. | $15M | Series B | Dec 01, 2022 |  |
| Flora | We are a Bay Area-based sustainable e-commerce marketplace. We acquiring, nurture and grow e-commerce brands on a mission to make quality, sustainable products more accessible and affordable. Flora exists to empower people to live sustainably in their daily lives because we believe that inspiring small sustainable choices can lead to a big impact. | $9M | Seed | Sep 28, 2022 |  |
| Procol | It's the year 2020, and the world's largest spend taken place offline.We’re living in a world where we have Amazons. In contrast with the world of business purchases where 60% of the time is spent on cold calling, emailing, following-up, and even worse, a large number of transactional frauds happen on payments and deliveries. Resultingin ruined trust and suffered business relationships.In a market of trillion $ of business spend, Procol is building an all-in-one digital procurement platform — a single place for live auctions, collaboration, and intelligent insights.Backed by investors like Blume Ventures, Sequoia Surge, Beenext, and Rainmatter. | $6.5M | Series A | Sep 13, 2022 |  |
| Mottu | We were born to serve the unserved! We started our journey providing assets so people can work and make their lives better by delivering goods for marketplaces. In the long run we want to become the main solution for the ones working with delivery. | $30M | Series B | Jun 30, 2022 |  |

10 of 34 investments shown.

## Co-investors
- [Esas Ventures](https://shizune.co/investors/profile/esas-ventures) — VC Fund, 15 deals together
- [Y Combinator](https://shizune.co/investors/profile/y-combinator) — VC Fund, 7 deals together
- [JAM Fund](https://shizune.co/investors/profile/jam-fund) — VC Fund, 5 deals together
- [Soma Capital](https://shizune.co/investors/profile/soma-capital) — VC Fund, 5 deals together
- [D4 Ventures](https://shizune.co/investors/profile/d4-ventures) — VC Fund, 4 deals together
- [Formus Capital](https://shizune.co/investors/profile/formus-capital) — VC Fund, 4 deals together

## Similar investors

### Similar industry
- [Accel](https://shizune.co/investors/profile/accel) — VC Fund
- [SV Angel](https://shizune.co/investors/profile/sv-angel) — VC Fund
- [Andreessen Horowitz](https://shizune.co/investors/profile/andreessen-horowitz) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [BDC Venture Capital](https://shizune.co/investors/profile/bdc-venture-capital) — VC Fund
- [Real Ventures](https://shizune.co/investors/profile/real-ventures) — VC Fund
- [Anges Quebec](https://shizune.co/investors/profile/anges-quebec) — VC Fund

## Featured in investor lists
- [Consumer VC Funds in LATAM](https://shizune.co/investors/consumer-vc-funds-latam)
- [Enterprise Software VC Funds in India](https://shizune.co/investors/enterprise-software-vc-funds-india)
- [Enterprise Software Investors in India](https://shizune.co/investors/enterprise-software-investors-india)
- [Wellness VC Funds in Canada](https://shizune.co/investors/wellness-vc-funds-canada)
- [Fitness Investors in Canada](https://shizune.co/investors/fitness-investors-canada)

## FAQ

### What does Alarko Ventures invest in?

Alarko Ventures invests primarily in E-Commerce, FinTech and Internet startups, most often at Seed and Pre-Seed stage. Most of the 34 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Alarko Ventures's check size?

Alarko Ventures typically joins rounds of $2M–$15M at Seed, $125k–$1M at Pre-Seed and $5.5M–$30M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Alarko Ventures participates in.

### When did Alarko Ventures last invest?

The most recent investment recorded for Alarko Ventures closed in Jun 2024. Shizune tracks 34 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co