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Alex Turbanov, Founder and General Partner at Somersault Ventures

Alex Turbanov

Founder and General Partner @ Somersault Ventures

Dubai, United Arab Emirates

Alex Turbanov is a seed investor at Somersault Ventures in Dubai focused on Artificial Intelligence and Software. Alex is a co-founder of Somersault Ventures and a seasoned investment professional with over 10 years of experience in private markets, including roles as a TMT banker in Eastern Europe and an Investor in a UAE-based VC firm. In his individual capacity, Alex has done a number of angel investments and managed syndicates investing in later-stagecompanies, where he acted as a board member and a corporate development advisor. Over the years, he gained expertise in such areas as two-sided marketplaces, enterprise SaaS, EdTech, and consumer apps, among others. In his free time, Alex is an avid tennis player, snowboarder, and frequent visitor to rock concerts and festivals. Alex received his MBA from the UC Berkeley Haas School of Business and has a Bachelor’s degree in Mathematical Economics.

Total investments:
14
Last investment:
Lead investor:
14%

Last updated:

Industries Alex Turbanov invests in

Artificial IntelligenceSoftwareInformation TechnologySaaSRetail

Stages Alex Turbanov invests in

SeedSeries AFunding RoundConvertible NoteVenture - Series Unknown

Countries Alex Turbanov invests in

United StatesNigeriaSwitzerlandRussian Federation

Round sizes

Seed $1.5M–$7.5MSeries A $6.2M–$10M

Contacts

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Round size

Seed
$1.5M–$7.5M
Series A
$6.2M–$10M

Investment Focus

Industry

  • Artificial Intelligence 3 (21%)
  • Software 2 (14%)
  • Information Technology 2 (14%)
  • SaaS 1 (7%)
  • Retail 1 (7%)
See all 31 industries →

Stage

  • Seed 5 (36%)
  • Series A 3 (21%)
  • Funding Round 2 (14%)
  • Convertible Note 1 (7%)
  • Venture - Series Unknown 1 (7%)

Country

  • United States 6 (43%)
  • Nigeria 1 (7%)
  • Switzerland 1 (7%)
  • Russian Federation 1 (7%)

Investments

CompanyDescriptionRoundLinks
Ridepanda is an online e-ride shop that offers electric vehicles with maintenance support and theft protection. $12.6M / Venture - Series Unknown / Oct 29, 2025
MiLaboratories' key product - MiXCR is a top-notch solution to analyze immunology sequencing data. Software is used in the vaccine, cancer, antibodies, and autoimmune diseases drug development pipelines. The original idea is based on a Nature Journal article published in 2015 and developed by founders into a cutting-edge software solutionbased on competitors' reviews by top Pharma and the academic community. $10M / Series A / Oct 10, 2024
Ridepanda is an online e-ride shop that offers electric vehicles with maintenance support and theft protection. $7.5M / Seed / Nov 09, 2023
SwingVision is a real-time AI stats, highlights and line-calling mobile application for ball & racket sports. The company was founded in 2019 and is headquartered in Berkeley, California, United States. $6.2M / Series A / Oct 18, 2023
Intento helps global companies procure and utilize the best-fit cognitive AI services. The Intento AI Hub connects AI models trained on multiple platforms (such as Amazon, Google AutoML, or Microsoft Cognitive Services) with many enterprise software systems. Launched in 2017, Intento offers its patented, ISO-27001 certified platform to globaltechnology, retail, and travel companies, augmenting their Localization, Content Management, Customer Support, and Marketing Operations with AI.The company was founded in 2016 and is headquartered in Berkeley, California. $8M / Series A / Oct 11, 2023
My Sky is an independent expert in private aviation that empowers jet owners across the globe by providing them with a revolutionary financial controlling and benchmarking tool to optimize time and money spent on their asset. My Sky’s innovative IT platform collects, digitizes, verifies, analyses and stores all financial information and allowsinstant access to the information that matters. The concept of My Sky was developed in 2014 by two entrepreneurs active in private banking and private aviation.  Since its public launch in August 2015, My Sky has convinced an exponential number of business aircraft owners in Europe and CIS. The company is headquartered in Switzerland and currently employs over 80 experts, including in-house auditors, analysts and IT specialists. My Sky offers Swiss standards in terms of efficiency, system security and data confidentiality. It is privately owned and totally independent, which prevents it from being influenced by any market player and allows total commitment to its mission: to revolutionize jet ownership through technology and expertise. My Sky has won a number of prestigious awards, including “Company of the Year (Aviation)” from ACQ5 Global Awards 2017, Gold Stevie® Award as “Startup of the Year – Business Services Industries” and Silver Stevie® Award as “Tech Startup of the Year” in 2017 International Business Awards, 2016 Sapphire Pegasus Business Aviation Award for Innovation. My Sky covers the EMEA area and is expanding its presence globally, becoming a key player in the business aviation industry. It is a EBAA and AEROSUISSE member. Jan 31, 2023
Intento helps global companies procure and utilize the best-fit cognitive AI services. The Intento AI Hub connects AI models trained on multiple platforms (such as Amazon, Google AutoML, or Microsoft Cognitive Services) with many enterprise software systems. Launched in 2017, Intento offers its patented, ISO-27001 certified platform to globaltechnology, retail, and travel companies, augmenting their Localization, Content Management, Customer Support, and Marketing Operations with AI.The company was founded in 2016 and is headquartered in Berkeley, California. Seed / Mar 31, 2022
Sidekick is a browser-based tool focused on productivity. $2M / Seed / Mar 20, 2021
Online digital skills school for kids 6-17 years old. $1.5M / Seed / Dec 17, 2020
Jiji is a leading classifieds marketplace in Africa. Starting from Nigeria, the company expanded to four new geographies in 2019. Following an OLX acquisition, Jiji’s monthly audience exceeded 8mn monthly unique users. In 2018, the Jiji app was #1 by downloads in the Shopping category by Nigerian Android users, and it is currently the highest ratedapp in Nigerian e-commerce. Oct 31, 2020
See all 14 investments →

Co-Investors

Somersault Ventures

About Somersault Ventures

VC Fund · Dover, United States

Somersault Ventures is a venture capital firm investing in next-generation Software and Marketplaces at the Seed and Series A stages. We seek businesses with the potential to become enduring category leaders or even monopolies, often within niche or overlooked verticals and functions. We’re a remote-first team based out of Dubai, London, and San Francisco, and investing across North America and Europe. Our backgrounds span product, finance, and operations, and we take pride in being thoughtful, hands-on partners to founders in their early inflection points. Our first institutional vehicle, Somersault Ventures Fund I, is backed by dozens of global tech entrepreneurs and executives. We have a particular affinity for founding teams where at least one founder is connected to UC Berkeley or comes from a CEE immigrant background - communities we understand deeply and where we see consistent entrepreneurial talent.

Somersault Ventures Contacts

NameEmailPhoneSocials
Alex Nevinskiy
Alex Nevinskiy General Partner
Alex Turbanov
Alex Turbanov Founder and General Partner
Julia Nechaieva
Julia Nechaieva Venture Partner

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FAQ

What does Alex Turbanov invest in?

Alex Turbanov invests primarily in Artificial Intelligence, Software and Information Technology startups, most often at Seed and Series A stage. Most of the 14 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What round sizes does Alex Turbanov invest in?

Alex Turbanov typically joins rounds of $1.5M–$7.5M at Seed and $6.2M–$10M at Series A. These are whole funding-round sizes, not Alex Turbanov's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds Alex Turbanov took part in.

How do I contact Alex Turbanov?

Public channels for Alex Turbanov include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

When did Alex Turbanov last invest?

The most recent investment recorded for Alex Turbanov closed in Oct 2025. Shizune tracks 14 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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