# ikas Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ikas-tech

- Industry: Software
- Headquarters: Aalen, Germany
- Website: www.ikas.com
- Total disclosed funding: $24M
- Latest round: Series A (Apr 3, 2024)
- Investors on record: 8

## About

Founded in 2017 and based in Aalen, Germany, ikas Tech GmbH operates as a new-generation e-commerce platform designed for SMEs and large companies. The company was founded by its CEO, Mustafa Namoglu, Tugay Karaçay, Ömercan Çelikler, and Umut Ozan Yildirim. In April 2024, ikas Tech GmbH raised USD 20 million in Series A funding co-led by International Finance Corporation and RE-PIE Ventures.

ikas Tech offers a new-generation e-commerce platform that allows small and medium-sized enterprises (SMEs) as well as larger companies to create online stores and sell products worldwide.

The company generates revenue by offering its services on a subscription-based pricing plan. The plans include starter (EUR 25–EUR 35), hero (EUR 69–EUR 99), and all-in-one (EUR 199–EUR 299).

The company plans to use the funds raised in April 2024 to support its international expansion.

## Funding rounds

- Series A, Apr 3, 2024, $20M — International Finance Corporation, RE-PIE Ventures
- Seed, Apr 12, 2022, $3.5M — 500 Global, Revo Capital, OYAK, Finberg, QNBEYOND Ventures, Beresford Ventures
- Seed, Nov 22, 2021 — Revo Capital

## Investors

- Revo Capital (https://capitalatlas.ai/funds/revo-capital) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- OYAK — Seed
- Finberg (https://capitalatlas.ai/funds/finberg) — Seed
- QNBEYOND Ventures — Seed
- Beresford Ventures (https://capitalatlas.ai/funds/beresford-ventures) — Seed
- International Finance Corporation — Series A
- RE-PIE Ventures (https://capitalatlas.ai/funds/re-pie-ventures) — Series A