We turn ideas into companiesworth backing.

The Bosphorus · Commissioned, 2026
Chapter 01 · The studio

An Istanbul-based, globally minded venture studio building software companies and the capital around them.

We start companies — sometimes from our own ideas, sometimes alongside founders we believe in. We bring capital, code, and operational craft, and we stay in the trench. Same skill set, three vantage points.

Studio plate · 2026
Founded
2025 · Levent
Founders
4 operators
Stage
Pre-seed → Series A
Coverage
Türkiye, MENA, EU

— Cagan & the operators

The studio playbook

Three things, under one roof, with one team.

Track 01

Building software companies

  • Product & engineering
  • Founding team
  • Go-to-market
  • Ops & finance
Inside the track
Developers working at laptops in a Karaköy loft with the Galata Tower visible through the window.
Track 01 · MVP

MVP in weeks, not quarters

Small embedded team ships the first usable version of the product fast.

A founding team reviewing a sprint plan on a whiteboard with the Maslak skyline beyond the glass wall.
Track 01 · Team

Founding team in place

Operators stay until a permanent founding team is on the cap table.

Two operators reviewing a product demo on a laptop in a Bosphorus-side café at sunset.
Track 01 · GTM

First ten customers

We sit on the calls, write the decks, and close the early design partners.

Track 02

Helping founders raise

  • IBR
  • Financial model
  • Pitch deck
  • Data room
  • Diligence prep
Inside the track
A confidential IBR document on a desk in a high-floor Levent office with the city skyline lit up at dusk.
Track 02 · IBR

Investor-grade IBR

A document that holds up under diligence — not a marketing brochure.

A printed financial model on a wooden desk by an Istanbul apartment window with a brass lamp glowing.
Track 02 · Model

Financial model that closes

Driver-based model, scenario layers, the questions investors will actually ask.

Labeled folders for Contracts, Cap Table and Metrics arranged on a wooden shelf against a brick wall.
Track 02 · Room

Data room, ready to share

Cap table, contracts, metrics, KPIs — clean, complete, defensible.

Track 03

Helping capital deploy

  • Target sourcing
  • Model review
  • Diligence support
  • Memo writing
  • Portfolio ops
Inside the track
A tug guiding a large container ship through the Bosphorus, a visual metaphor for due diligence.
Track 03 · Diligence

Founder-grade diligence

We've been on the other side. We know which questions actually matter.

A memo draft open on a laptop on a balcony above the Bosphorus with the historic peninsula and Galata Tower in view.
Track 03 · Memo

Investment memos that decide

Sharp narrative, honest risk section, numbers that match the story.

The portfolio · 2026 receipts

Quietly built. Honestly counted.

Three companies in production, two rounds closed in the last twelve months, every founder still on speaking terms. We don't disclose names without their nod — here's what we can say.

Request the deck
In production
3 companies
Closed · 12mo
2 rounds
Founder NPS
Still talking
Coverage
TR · MENA · EU

  • Company A · B2B dev infra · 2024–

    Co-founded, shipped MVP in eleven weeks.

    Closed seed with a single lead. We're still on the cap table.

    Raised · $1.4M · Seed · Active

  • Company B · Internal-tooling B2B · 2024–

    Helped found and ran fundraising end-to-end.

    Sat in every diligence call. Round closed in eight weeks.

    Raised · $900K · Pre-seed · Active

  • Company C · Vertical SaaS · 2023–

    Took over GTM for the first ten customers.

    Today the founder runs it solo and profitably.

    Profitable · No further raise

A passenger ferry crossing the Bosphorus at dawn — the studio's signature image of patient work.
Same crossing, every morning

Names on request. We protect founder confidentiality more than our own marketing.

Operators, not observers.

We've shipped products, missed deadlines, fired people, hired better ones, raised rounds, lost deals. We don't theorize from a desk.

The position

We co-found companies in Istanbul — and stay in the trench until they ship.

Capital, code, and operational craft from one team. The same playbook from day one to Series A.

What we actually do

We co-found — with capital, code, and operators in the seat.

We start companies — sometimes from our own ideas, sometimes alongside founders we believe in. We take equity, ship the product, write the model, and sit in the room when the deal gets done.

Galata Tower at first light, terracotta rooftops sloping down to a quiet Golden Horn.
Read the playbook

What we're not

Not a fund.

We don't write cheques and watch. We work next to you.

What we're not

Not an agency.

We don't bill hours. We take equity.

What we're not

Not a consultancy.

We don't write decks for you. We sit in the seat.

The receipts

A small studio with a real ledger.

Quietly built, honestly counted. The studio is one year old. The team is older — and we count the receipts that come with us.

0
Operators on the team
$0.0M+
Raised alongside founders, last 12 months
0
Companies in active production

On the record

Incorporated in Istanbul, 2025.

The four of us have been shipping together since 2022 — at a previous studio, at funds, at startups we co-founded and sold. No press releases, no announced fund — just code in production and term sheets that actually closed.

INCORPORATED 2025 · SHIPPING TOGETHER SINCE 2022 · LEVENT, ISTANBUL

Studio-attributed numbers · 2025 – 2026 · Lifetime on request

  • Shipped

    Software companies, last 12 months

    3

  • Closed

    Rounds closed alongside founders

    2

  • Cap table

    Still on every one of them

    100%

A quiet Bosphorus fishing harbour with small wooden boats moored along a wooden pier.
Anadolu Hisarı · the slow side of the strait
Talk to us

Who are you, and what brings you here?

Two doors, two emails. Pick the one that fits — we'll meet you on the other side.

Office
Levent, Istanbul
Hours
Mon — Fri / 09 — 19
©
2026 Venture Studio
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