About Modanisa
Modanisa is a company based in Istanbul (Turkey) founded in 2010. Modanisa has raised $28 million across 7 funding rounds from investors including Goldman Sachs, Re-Pie and EBRD VCIP. Modanisa operates in a competitive market with competitors including Madmext, Butikgez and MyBUTTIK, among others.
- Total Equity Funding$28M (USD)
in 7 rounds
- Latest Funding Round$19.5M (USD), Series C
Jul 2022
- InvestorsGoldman Sachs
& 5 more
Apps and channels of Modanisa
Modanisa publishes 1 mobile app with over 10M+ downloads.
Funding Insights of Modanisa
Modanisa has successfully raised a total of $28M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $19.5 million completed in July 2022. 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 $28M
- Total Rounds 7
- Last Round Series C — $19.5M
- First Round $1M
(Feb 2013)
- Investors Count 6
All 7 funding rounds of Modanisa with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2022 | $19.5M | Series C | – | Re-Pie | |
| Mar 2019 | – | Series B | – | EBRD | – |
| Jan 2019 | – | Series B | – | Goldman Sachs, Wamda Capital | – |
| Mar 2017 | – | Series B | – | Wamda Capital | |
| Feb 2015 | $5.5M | Series B | – | STC Ventures | |
| Nov 2013 | $2M | Series A | – | Aslanoba Capital | – |
| Feb 2013 | $1M | Seed | – | Aslanoba Capital | – |
6 investors in total: 6 institutional.
Investors in Modanisa
Modanisa has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Re-Pie and EBRD VCIP.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Early-stage tech investments are made in Europe and Asia. | – | ebrdvcip.com | London, United Kingdom | |
Tech & Offline focused VC firm investing in seed & growth stage startups in the US & UAE | – | wamdacapital.com | Dubai, United Arab Emirates | |
Corporate-backed venture capital firm focused on IT, media, and multiple sectors | – | stcventures.com | Dubai, United Arab Emirates | |
Early stage venture capital firm investing in US | – | aslanobacapital.com | Istanbul, Turkey | |
Provides portfolio management for investment funds like real estate and securities. | 2015 | re-pie.com | Saryer, Turkey |
Investor details for Modanisa
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Modanisa
34 people are tracked at Modanisa (6 in leadership, 28 in team).
| Name | Role | Group |
|---|---|---|
Aslı Aksoy Yıldız | Markeplace Sales Associate Director | Leadership |
Ayşenur Dinçer | Director Of People | Leadership |
Meltem Yüksel Yılmaz | Talent Acquisition & People Partner Domain Lead | Leadership |
Murat Gün | Executive Vice President Of Sales | Leadership |
Gizemnur Mutlu Türk | Senior Talent Acquisition & People Partner | Leadership |
Banu Ö. | Executive Assistant To Chairman And CEO | Leadership |
Yağız Dereboy | Business Intelligence Specialist | Team |
Fatma Çalişir Sefer | People Operations Team Lead | Team |
Emel Tor | Fashion Designer | Team |
Fadimehan Aydîn | Merchandiser | Team |
Nurgül Yanıkkaya Vural | Category Executive | Team |
Hüsniye Gümüşay | Buyer | Team |
Mehmet Altuntaş | Data Analyst | Team |
Nihal Kasap Çakır | Total Rewards & Payroll Lead | Team |
Tuğçe Karadayı Kaya | Buyer | Team |
Özlem Cansız Aktürk | Senior Merchandise Planner | Team |
Berke Doruk | Senior Marketplace Sales Specialist | Team |
Emel Şenel | Europe And Americas Regional Manager | Team |
Esma Özer | Avukat | Team |
Büşra Uzun | Content Creator | Team |
14 more people are available in the full profile.
Complete people profiles for Modanisa
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Modanisa
3 dated milestones of Modanisa across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Modanisa is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series C, of $19.5M.
Competitors of Modanisa
Modanisa 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 Madmext, Butikgez and MyBUTTIK, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| madmext.com | 1998 | Istanbul, Turkey | – | – | Online platform selling clothing and accessories for men and women. | |
| butikgez.com | 2016 | Istanbul, Turkey | – | – | Hosts a digital marketplace for designer ethnic fashion products. | |
| mybuttik.com | 2012 | Istanbul, Turkey | – | – | Functions as an online marketplace for fashion wear. |
Detailed competitors of Modanisa
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Modanisa
The website of Modanisa (modanisa.com) receives about 877.1K visits a month and ranks #40,012 among all websites worldwide, #1,935 in Fashion and Apparel.
- Monthly visits877.1K
▼ 18.1% vs previous month
- Unique visitors463.6K
per month
- Global rank#40,012
among all websites
- Category rank#1,935
Lifestyle · Fashion and Apparel
- Bounce rate43%
- Pages per visit5.3
- Average visit3 min 29 sec
- DevicesDesktop 11% · Mobile 89%
Websites whose visitors overlap most with Modanisa. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
sefamerve.com | sefamerve.com | 100% | – | #49,665 | – |
alvinaonline.com | alvinaonline.com | 88% | – | #198,040 | – |
modaselvim.com | modaselvim.com | 83% | – | #17,212 | – |
armine.com | armine.com | 77% | – | #88,171 | – |
tesetturmarka.com | tesetturmarka.com | 71% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Modanisa
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Modanisa
Complete news archive for Modanisa
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Modanisa
10 companies that operate in the same segment as Modanisa (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Frequently Asked Questions about Modanisa
Modanisa was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Modanisa is headquartered in Istanbul, Turkey.
Modanisa is a funded company, having raised a total of $28M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Feb 2013.
Modanisa was founded in 2010 in Istanbul, Turkey, as an online retailer in the fashion sector. A range of ethnic clothing for women is provided, including hijabs, shawls, sportswear, plus-size options, tops, dresses, ponchos, jackets, and abayas. Accessories such as bags, footwear, jewelry, and cosmetics are also offered. Operations are supported by a mobile application available for Android and iOS devices.
Modanisa has 6 investors. Key investors include Goldman Sachs, Re-Pie, EBRD VCIP, Wamda Capital, and STC Ventures.
Yes. Modanisa publishes Modanisa: Modest Hijab Fashion, with over 10 million downloads.
The website of Modanisa receives about 877 thousand visits a month and ranks #40,012 among all websites worldwide.