Fonangels
Fonangels is a Turkish Capital Markets Board-licensed equity crowdfunding platform that enables early-stage startups to raise capital from retail investors through regulated share-based campaigns, with supporting infrastructure via Takasbank, MKK, and a Borsa Istanbul-integrated secondary market.
- Company typePrivate
- Founded2022
- HeadquartersKocaeli
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Fonangels does
Fonangels (legal entity: Girişim Kitle Fonlama Platformu A.Ş.) is a Turkish share-based equity crowdfunding platform authorized by the Capital Markets Board (SPK) on February 24, 2022 under decision 2022/10 and the III-35/A.2 Communiqué. The platform connects early-stage entrepreneurs seeking pre-seed and seed capital with individual investors who can participate with minimum investments as low as 1 TL. Its core offering is a digital campaign marketplace where startups raise equity through regulated share offerings, with fund escrow handled by Takasbank and share registration managed by MKK (Central Securities Depository); investor identity is verified via Turkey's e-Government system. Complementary products include GİFT, a secondary market integrated with Borsa Istanbul that allows investors to trade shares acquired through the platform, dedicated iOS and Android mobile applications, and FonAI, a customer-support chatbot.
The platform generates revenue primarily through transaction fees on successfully completed crowdfunding campaigns, while investor membership is free. Distribution is direct-to-consumer through web and mobile, supplemented by content marketing, YouTube live programs (e.g., "Makrofon Girişimciye Sor"), and active social media presence on Facebook, Instagram, LinkedIn, Twitter/X, and Telegram. Fonangels has hosted Turkey's largest single crowdfunding campaign to date (Alternatif SuperApp with 1,676 investors) and a series of oversubscribed deals including Lastik Borsası (₺100.9M, 107.66% funded), Co Print (₺26.4M, 120%), Guardpot (₺12.96M, 120%), and Kolsara (₺9.84M, 101.70%), spanning software, cybersecurity, manufacturing, education, healthcare, and automotive verticals.
The company is headquartered in Bilişim Vadisi (IT Valley) in Gebze, Kocaeli, Turkey, with a headcount of 11-50 employees. It operates exclusively within Turkey and has established cooperation protocols with Gebze Technical University, Sakarya University of Applied Sciences, and BTM Commercialization Center to source entrepreneurial deal flow. Strategic infrastructure partnerships with Takasbank, MKK, and Borsa Istanbul provide the regulated backbone that distinguishes Fonangels from unlicensed or reward-based crowdfunding competitors.
Fonangels firmographics
Firmographics- Name
- Fonangels
- Legal name
- Girişim Kitle Fonlama Platformu A.Ş.
- Website
- https://fonangels.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fonangels is a Turkish Capital Markets Board-licensed equity crowdfunding platform that enables early-stage startups to raise capital from retail investors through regulated share-based campaigns, with supporting infrastructure via Takasbank, MKK, and a Borsa Istanbul-integrated secondary market.
- Ownership category
- akta.pro rank
Fonangels industry classification
Industry- Product category
- Equity Crowdfunding Platform
- NAICS
- Investment Banking and Securities Intermediation (523150)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Follow-on Offerings (FPOs) (FSACAAAB)
- akta.pro secondary industry
- Secondary Offerings & Share Sales (Secondary Placements) (FSACAAAG)
Keywords
Where Fonangels is headquartered
LocationHeadquarters
- HQ city
- Kocaeli
Offices1 record
Markets served
Fonangels business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Crowdfunding Campaign Fees: Platform charges fees for successfully completed crowdfunding campaigns. Entrepreneurs raise capital from investors, and the platform facilitates the transaction through Takasbank escrow services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Investor membership is free |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Fonangels product offering
Product offeringCore offering
Fonangels is a Capital Markets Board (SPK)-licensed share-based equity crowdfunding platform that enables early-stage Turkish entrepreneurs and startups to raise capital from a broad base of individual investors through online campaigns. Investors can participate with amounts starting from 1 TL, with fund escrow handled by Takasbank, share registry managed by MKK (Central Securities Depository), and a secondary market (GİFT) for trading acquired shares.
Product overview
Fonangels operates as a share-based equity crowdfunding platform that connects entrepreneurs seeking funding with investors. The platform is built around a core crowdfunding marketplace where startups and ventures can list investment campaigns, and investors can participate with amounts as low as 1 TL. The platform provides a complete investment lifecycle including campaign management, payment processing via Paratika, fund escrow through Takasbank, share distribution through MKK (Central Securities Depository), and a secondary market called GİFT for share trading. The offering also includes a mobile application available on iOS and Android, and an AI-powered support assistant called FonAI.
Differentiator
Problem solved
Functional benefit
Brands
- GİFT - Secondary Market: Secondary market platform for trading shares acquired through crowdfunding campaigns
- FonAI
Products and services
- Fonangels Crowdfunding Platform A share-based equity crowdfunding platform licensed by Turkey's Capital Markets Board (SPK) that enables entrepreneurs to raise capital from investors through campaign-based share offerings with a minimum investment of 1 TL. Targeted at early-stage Turkish startups and individual investors.
- GİFT Secondary Market
- Fonangels Mobile Application Mobile applications available on iOS and Android that enable investors to access the platform, review campaigns, make investments, and track their portfolios on the go. Targeted at individual investors using the Fonangels platform.
Quantifiable outcome
- Turkey's largest single crowdfunding campaign - Alternatif SuperApp with ₺16.65M target reached
- +1 more outcomes
Companies that use Fonangels
Customer profileSegments2 records
Ideal customer profiles2 records
Fonangels technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Fonangels partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- Sakarya Uygulamalı Bilimler Üniversitesi (Sakarya University of Applied Sciences)minorCollaboration protocol signed for supporting entrepreneurship and innovation ecosystem.
- BTM (Bilgiyi Ticarileştirme Merkezi / Commercialization Center)minorCollaboration protocol signed for entrepreneurship ecosystem development and project sourcing.
- Gebze Teknik Üniversitesi (Gebze Technical University)minorCollaboration protocol signed for supporting entrepreneurship ecosystem development and potentially sourcing innovative projects for the platform.
- TakasbankcoreTakasbank serves as the Escrow Authority for the platform, holding funds collected during crowdfunding campaigns until they are transferred to entrepreneurs upon successful campaign completion or returned to investors if the campaign fails.
- MKK (Merkezi Kayıt Kuruluşu / Central Securities Depository)coreMKK manages the share registry for all platform transactions. Share distribution after successful campaigns and share transfers are processed through MKK's e-Investor application.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Fonangels competitors and assessment
Company assessmentDirect peers
- StartEngine: US equity crowdfunding platform with a secondary trading component (StartEngine Secondary), directly comparable to Fonangels' GİFT secondary market integration with Borsa Istanbul. Both combine primary issuance and secondary trading under one regulated platform.
- Crowdcube: UK equity crowdfunding platform with an integrated secondary market for crowdfunded shares. Direct peer: comparable primary issuance and secondary trading functionality, retail-investor focus, and FCA-regulated platform model paralleling Fonangels' SPK-regulated structure.
- Seedrs: UK-based equity crowdfunding platform with a regulated nominee structure and secondary market for crowdfunded shares. Direct peer: same equity-based intermediation model, secondary-market liquidity feature, and retail-investor orientation as Fonangels.
- Companisto: German equity and silent-partnership crowdfunding platform with a secondary market component. Direct peer: comparable online platform intermediating early-stage equity from retail investors, with similar regulatory licensing dependency and broad-investor-base model.
- Republic: US equity crowdfunding platform operating under Reg CF and Reg A+, offering startups access to retail capital. Direct peer: same equity-based online intermediation model, focus on broad retail investor participation, and parallel reliance on a regulated offering exemption framework.
- Wefunder: US-based equity crowdfunding platform under Regulation Crowdfunding (Reg CF), connecting startups with retail investors. Direct peer: same core business model of facilitating small-ticket equity raises, regulatory licensing dependency, and similar minimum-investment positioning, though in a different jurisdiction.
- OurCrowd: Israel-based global equity crowdfunding platform with broad deal flow and a regulated platform model. Direct peer: comparable online equity intermediation, minimum-investment accessibility, and institutional-and-retire blended investor base, though operating across multiple geographies.
- Fongogo (FonGogo): One of the earliest and most established SPK-licensed equity crowdfunding platforms in Turkey. Direct peer: shares the same regulatory authorization framework, same Turkish issuer/investor base, and provides a useful comparator for Fonangels' market share trajectory.
- Crowdfon: One of Fonangels' closest domestic competitors, also an SPK-licensed equity crowdfunding platform operating in Turkey under the same III-35/A.2 Communiqué. Direct peer: same regulatory framework, same target issuers and investors, and same transaction-fee revenue model.
Broad incumbents
- AngelList (now AngelList Venture / Roll): Broader fintech platform for startup deal flow, syndicates, and rolling-fund vehicles. Comparable to Fonangels as a regulated online intermediation layer between issuers and investors, though AngelList focuses on rolling funds and accredited investors rather than mass-market retail equity crowdfunding.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Fonangels social profiles
Digital presenceFonangels compliance and trust
Trust signalCompliance2 records
Fonangels financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fonangels leadership team
Management profileNumber of profiles
Profiles1 record
Fonangels funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fonangels M&A and investment
M&A and investmentM&A
Investments25 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fonangels
What does Fonangels do?
Fonangels is a Capital Markets Board (SPK)-licensed share-based equity crowdfunding platform that enables early-stage Turkish entrepreneurs and startups to raise capital from a broad base of individual investors through online campaigns. Investors can participate with amounts starting from 1 TL, with fund escrow handled by Takasbank, share registry managed by MKK (Central Securities Depository), and a secondary market (GİFT) for trading acquired shares.
Is Fonangels a public or private company?
Fonangels is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Fonangels founded?
Fonangels was founded in 2022. It employs 11 to 50 people.
Where is Fonangels based?
Fonangels is headquartered in Kocaeli.
How does Fonangels make money?
One revenue line is on record: crowdfunding Campaign Fees.
Who are Fonangels's main competitors?
Direct peers on record are StartEngine, Crowdcube, Seedrs, Companisto, Republic, Wefunder, OurCrowd, Fongogo (FonGogo) and Crowdfon. AngelList (now AngelList Venture / Roll) is listed as a broad incumbent.
Does Fonangels have an API?
No public API is recorded for Fonangels.
What industry is Fonangels in?
Fonangels's product category is Equity Crowdfunding Platform. Its primary akta.pro industry code is FSACAAAB, Follow-on Offerings (FPOs), with a secondary code of FSACAAAG, Secondary Offerings & Share Sales (Secondary Placements). Its NAICS code is 523150 and its SIC code is 6211.