About ikas
ikas is a company based in Cankaya (Turkey) founded in 2017 by Mustafa Namoglu and Omercan Celikler.. ikas has raised $23.5 million across 4 funding rounds from investors including International Finance Corporation, Re-Pie and 500 Global. The company has 6 employees as of December 31, 2016. ikas offers products and services including ikas Platform and ikas Marketing. ikas operates in a competitive market with competitors including Shopify, Weebly, Squarespace, Webs and Nuvemshop, among others.
- Headquarter Cankaya, Turkey
- Employees 6 as on 31 Dec, 2016
- Founders Mustafa Namoglu, Omercan Celikler
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ikas
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$23.5 M (USD)
in 4 rounds
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Latest Funding Round
$20 M (USD), Series A
Apr 04, 2024
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Investors
International Finance Corporation
& 7 more
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Employee Count
6
as on Dec 31, 2016
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Products & Services of ikas
ikas offers a comprehensive portfolio of products and services, including ikas Platform and ikas Marketing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables creation and management of online stores globally
Automates campaigns and customer segmentation for e-commerce
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Funding Insights of ikas
ikas has successfully raised a total of $23.5M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $20.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - ikas | Valuation | IFC , Re-Pie |
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| Apr, 2022 | Amount | Seed - ikas | Valuation | 500 Global , Beresford Ventures | |
| Nov, 2021 | Amount | Seed - ikas | Valuation | Revo Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ikas
ikas has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include International Finance Corporation, Re-Pie and 500 Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Investments are directed by Revo Capital toward Turkey-based startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ikas
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ikas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ikas Comparisons
Competitors of ikas
ikas operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shopify, Weebly, Squarespace, Webs and Nuvemshop, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
E-commerce storefront solutions are provided for online businesses.
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| domain | founded_year | HQ Location |
Tools for creating websites and online stores are provided.
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| domain | founded_year | HQ Location |
Cloud-based website builder tool
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| domain | founded_year | HQ Location |
Websites are built without coding via a cloud-based drag-and-drop platform.
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| domain | founded_year | HQ Location |
SaaS solutions for e-commerce store creation and management are provided.
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| domain | founded_year | HQ Location |
Storefront solutions are provided for online businesses targeting digital customers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ikas
Frequently Asked Questions about ikas
When was ikas founded?
ikas was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is ikas located?
ikas is headquartered in Cankaya, Turkey. It is registered at Cankaya, Ankara, Turkey.
Who is the current CEO of ikas?
Mustafa Namoglu is the current CEO of ikas. They have also founded this company.
Is ikas a funded company?
ikas is a funded company, having raised a total of $23.5M across 4 funding rounds to date.
How many employees does ikas have?
As of Dec 31, 2016, the latest employee count at ikas is 6.
What does ikas do?
A headless e-commerce platform was established by ikas in 2017, based in Cankaya, Turkey, to serve online businesses in the digital commerce sector. Core features are integrated, including return management, abandoned cart recovery, discount codes, promotions, product reviews and ratings, pricing localization, advanced reporting, and marketing tools. Operations are structured around a subscription-based model for scalable deployment.
Who are the top competitors of ikas?
ikas's top competitors include Shopify, Squarespace and Weebly.
What products or services does ikas offer?
ikas offers ikas Platform and ikas Marketing.
Who are ikas's investors?
ikas has 8 investors. Key investors include International Finance Corporation, Re-Pie, 500 Global, Revo Capital, and Beresford Ventures.