Funded Commerce and Shopping Startups in Istanbul
Istanbul's commerce and shopping startups have attracted capital across a wide range of stages, from EasyCep's $45M venture round (November 2025) and Sipay…
Istanbul's commerce and shopping startups have attracted capital across a wide range of stages, from EasyCep's $45M venture round (November 2025) and Sipay's $78M Series B (April 2025) down to sub-$1M seeds from companies like Roketfy ($470K, December 2022) and artlabs ($700K, May 2022). Seed is the most common stage, with at least ten companies in the dataset closing rounds at that level. Activity peaked in 2023, which accounts for ten of the 22 rounds shown, spanning April through December.
Sub-verticals across the dataset include mobile payments (Sipay), online travel ticketing (obilet.com), AR-based product visualization (artlabs), e-commerce seller analytics (Mindsite, Roketfy), artisan marketplaces (hipicon), and construction-sector data commerce (YapıRadar.com). Several rounds — including obilet.com's Series B and Pabbler's 2025 raise — carry undisclosed amounts, limiting direct size comparisons for those entries.
Most recent rounds
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Frequently asked
What are the largest disclosed rounds among Istanbul commerce and shopping startups?
Sipay leads with a $78M Series B closed in April 2025, followed by EasyCep's $45M venture round in November 2025. The next largest disclosed amount is Popile's $4M seed from June 2023, with most other seed rounds falling between $470K and $2M.
Which companies have reached Series B or beyond in this segment?
Two companies show Series B rounds: Sipay ($78M, April 2025) and obilet.com (December 2024, amount undisclosed). Octovan reached Series A in April 2023 with an undisclosed amount, making later-stage companies a small minority of the 22 shown.
When did funding activity peak for Istanbul commerce startups?
2023 produced at least ten of the 22 rounds in the dataset, with closings spread across every month from April through December. 2025 follows with four rounds, including the two largest disclosed amounts — EasyCep and Sipay.
What commerce sub-verticals are represented in this dataset?
Identified sub-verticals include mobile payments (Sipay), online travel ticketing (obilet.com), AR and 3D product visualization (artlabs), e-commerce seller analytics (Mindsite, Roketfy), artisan marketplaces (hipicon), and construction-sector data commerce (YapıRadar.com).
How common are undisclosed round sizes in this segment?
Five of the 22 rounds — Pabbler, obilet.com, Kolay Karavan, Hopi, and Octovan — list no public amount, accounting for roughly a quarter of entries and limiting direct financial comparison for those companies.
What is the typical seed round size for Istanbul commerce startups in this dataset?
Disclosed seed rounds range from $470K (Roketfy, December 2022) to $4M (Popile, June 2023). Several cluster at $1M — including Kolaj, hipicon, Hoopla, and Rierino — while YapıRadar.com and Mindsite each raised $2M seeds.
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