About TurkNet
TurkNet is a company based in Kayseri (Turkey) founded in 1996 was acquired by Re-Pie in February 2021. TurkNet has raised $27.5 million across 2 funding rounds from investors including Gulf Capital and Re-Pie. TurkNet operates in a competitive market with competitors including KPN, Hong Kong Broadband Network, Orange Polska, Cogeco and British Telecom, among others.
- Headquarter Kayseri, Turkey
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Sectors
Telecommunications
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$27.5 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series B
Jul 17, 2013
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Investors
Gulf Capital
& 2 more
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Employee Count
Not available
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Acquired by
Re-Pie
(Feb 22, 2021)
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People of TurkNet
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Funding Insights of TurkNet
TurkNet has successfully raised a total of $27.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in July 2013. 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.
Investors in TurkNet
TurkNet has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Gulf Capital and Re-Pie.
| Investor | Description | Founded Year | Domain | Location |
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Alternative investment firm providing services in Private Equity, Private Debt, and Real Estate across Growth Markets.
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Provides portfolio management for investment funds like real estate and securities.
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Investor details for TurkNet
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- Investor domains
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Investments & Acquisitions by TurkNet
Investment portfolio details for TurkNet
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Financial Statements - TurkNet
Detailed financials for TurkNet
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Turknet Comparisons
Peer comparison for TurkNet
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- Named peers
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Competitors of TurkNet
TurkNet 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 KPN, Hong Kong Broadband Network, Orange Polska, Cogeco and British Telecom, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobile and fixed-line telecommunication services are provided across Europe.
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Provider of fibre optic broadband internet services
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Telephony, internet, and data transmission services are provided in Poland.
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Fiber-optic internet, TV, and fixed-line telephone services provider
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Provider of mobile phones and fiber broadband services for home & business
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Wireless, TV, internet, and media services are provided across Canada.
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Detailed competitors of TurkNet
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Turknet
Complete news archive for TurkNet
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Frequently Asked Questions about TurkNet
TurkNet was founded in 1996 and raised its 1st funding round 11 years after it was founded.
TurkNet is headquartered in Kayseri, Turkey. It is registered at Kayseri, Kayseri Province, Turkey.
TurkNet is a funded company, having raised a total of $27.5M across 2 funding rounds to date.
TurkNet provides internet and telephones services to consumers and businesses in Turkey. It is among the top five companies in Turkey. Previously was known as Netone, but changed to TurkNet after acquiring the brand name from Sabanci Holding.
TurkNet has 2 investors. Key investors include Gulf Capital, and Re-Pie.