Business

Istcapital, Mentors Fund, Finberg and Fidelis Ventures joined RubiBrands’ investors

E-commerce brands investment company RubiBrands has closed another important investment round as we enter the last quarter of 2023. Istcapital, Mentors Fund, Finberg and Fidelis Ventures, the leading investors of the venture ecosystem, became RubiBrands’ new investors in this round.

E-commerce brands investment company RubiBrands has closed another important investment round as we enter the last quarter of 2023.

Istcapital, Mentors Fund, Finberg and Fidelis Ventures, some of the leading names in the venture ecosystem, became RubiBrands’ new investors in this round. Rubi’s existing investors, Esas Ventures and Alarko Ventures’ new investment fund, Formus Capital, D4 Ventures, Jam Fund and Atempo Growth also participated in this round.

RubiBrands, which will continue to focus on profitable brand acquisitions with the investments it has received, strengthens its position as the leading e-commerce investment company in the region, with the aim of becoming one of Turkiye’s largest e-exporters by getting stronger with its new investors and brands.

RubiBrands, founded by Yetkin Gunes, Irtek Uraz, Berkay Tulay and Emre Ekmekci, who have achieved significant success in the field of e-commerce and private capital investments; differentiates itself from its international competitors with its channel strategies focusing on Turkiye-focused supply, e-export, Amazon and other hyper-growing global marketplaces.

“By consolidating our position as the region’s leading e-commerce investment company, we will be one of the largest e-exporters in Turkiye.”

RubiBrands co-founder and CEO Yetkin Gunes pointed out that the company is a center of attraction for investors thanks to its efficiency and profitability-oriented business model;

“15% of our turnover this year comes from new products and new markets, and this figure will increase even more in the coming period. “By consolidating our position as the leading e-commerce investment company in the region, we will continue on our way with the aim of becoming one of Turkiye’s largest e-exporters.”

Source: Egirisim / Prepared by Irem Yildiz

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