About Kodgem Straight
Kodgem Straight is a company based in Ankara (Turkey) founded in 2019.. Kodgem Straight has raised $150 thousand across 1 funding round from investors including Mert Inanc Emir, Ferhat Erturk and Osman Erturk. Kodgem Straight offers products and services including Straight Plus, Straight Plus AI, Straight App, Necklace, and Adhesives. Kodgem Straight operates in a competitive market with competitors including Sennotech, Zikto, APDM, BackRobo and Team Elysium, among others.
- Headquarter Ankara, Turkey
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$150 K (USD)
in 1 rounds
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Latest Funding Round
$150 K (USD), Seed
Oct 01, 2024
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Investors
& 2 more
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Employee Count
Employee Count
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Products & Services of Kodgem Straight
Kodgem Straight offers a comprehensive portfolio of products and services, including Straight Plus, Straight Plus AI, Straight App, Necklace, and Adhesives. 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.
Device that vibrates to correct slouching using biofeedback technology.
Intelligent system for real-time posture analysis and habit improvement.
App for tracking posture progress and receiving personalized notifications.
Wearable accessory to hold posture devices discreetly.
Stickers for attaching posture correction devices securely.
Funding Insights of Kodgem Straight
Kodgem Straight has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in October 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 1
- Last Round Seed — $150,000
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First Round
First Round
(01 Oct 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Seed - Kodgem Straight | Valuation |
investors |
| 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 Kodgem Straight
Kodgem Straight has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Mert Inanc Emir, Ferhat Erturk and Osman Erturk. 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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MI
Mert Inanc Emir |
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Founded Year | Domain | Location |
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FE
Ferhat Erturk |
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Founded Year | Domain | Location |
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OE
Osman Erturk |
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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 Kodgem Straight
| 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 - Kodgem Straight
| 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 |
Kodgem Straight Comparisons
Competitors of Kodgem Straight
Kodgem Straight 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 Sennotech, Zikto, APDM, BackRobo and Team Elysium, 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 |
Wearable medical sensing solutions are developed for unobtrusive healthcare applications.
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| domain | founded_year | HQ Location |
Haptic feedback for fitness
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| domain | founded_year | HQ Location |
Wearable sensors are developed to monitor body movements continuously.
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| domain | founded_year | HQ Location |
Smart devices for posture correction and sleep management are developed.
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| domain | founded_year | HQ Location |
Musculoskeletal diagnosis devices for body-posture measurements are provided.
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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 Kodgem Straight
Frequently Asked Questions about Kodgem Straight
When was Kodgem Straight founded?
Kodgem Straight was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Where is Kodgem Straight located?
Kodgem Straight is headquartered in Ankara, Turkey. It is registered at Ankara, Ankara, Turkey.
Is Kodgem Straight a funded company?
Kodgem Straight is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Oct 01, 2024.
What does Kodgem Straight do?
Kodgem Straight was founded in 2019 in Ankara, Turkey, and operates within the health technology sector. Smart devices focused on posture management are developed and supplied to address ergonomic needs. The companys activities center on integrating sensor-based technology into wearable solutions for daily use. Operations are managed from Turkey, with distribution targeted at regional and international markets in consumer health products.
Who are the top competitors of Kodgem Straight?
What products or services does Kodgem Straight offer?
Kodgem Straight offers Straight Plus, Straight Plus AI, Straight App, Necklace, and Adhesives.
Who are Kodgem Straight's investors?
Kodgem Straight has 3 investors. Key investors include Mert Inanc Emir, Ferhat Erturk, and Osman Erturk.
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