# Istanbul Startup Angels

Istanbul Startup Angels is an Asset Manager based in Istanbul, Turkey.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Istanbul, Turkey
- **Region:** Middle East
- **Address:** Esentepe Mahallesi, Harman Street No: 5, Sisli, Istanbul, Turkey
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** startupfon.com
- **LinkedIn:** https://www.linkedin.com/company/istanbul-startup-angels

## Regulatory record

- **Reports private funds:** No

## About

Istanbul Startup Angels is an angel investment network focused on technology startups. It facilitates funding, develops a micro venture capital, and initiates Turkey's first crowdfunding platform. The company partners with corporations to run sector-focused accelerator programs, founded in 2016 in Istanbul, Turkey.

## Sectors

- Enterprise Software
- FinTech
- Digital Health
- AI/ML
- Media & Entertainment

## Offices

- New York, NY

## People

- Gülsüm Çıracı — Founding Partner
- Ali Rıza Babaoğlan — Partner

## Questions

### How does Istanbul Startup Angels source proprietary deal flow?

Sourcing is deeply tied to Turkey's accelerator and mentorship infrastructure. Çıracı's founding role at Startupbootcamp Istanbul provides direct access to graduating cohorts, while Babaoğlan's presidency at Endeavor Turkey surfaces high-growth entrepreneurs. The firm also operates from Kolektif House locations in Levent and Maslak — co-working spaces that function as physical scouting hubs within Istanbul's densest startup corridors.

### Does Istanbul Startup Angels participate in fund commitments or only direct deals?

The firm primarily executes direct co-investments in early-stage startups, often alongside institutional co-investors like Nexus Ventures. Through Startupfon, the platform also operates a pooled venture fund that can make fund-style commitments, though the distinction between direct and fund deployment is blurred by Çıracı's integrated management of both entities.

## Related profiles

- [Isis Venture Partners](https://altss.com/profile/isis-venture-partners)
- [Ixora Ventures](https://altss.com/profile/ixora-ventures)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/istanbul-startup-angels

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