# Sosyal Aglar Elektronik Tic. A.S.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sosyal-aglar-elektronik-tic-a-s

- Industry: Software
- Headquarters: Istanbul, Turkey
- Website: www.blesh.com
- Total disclosed funding: $4M
- Latest round: Series A (Dec 24, 2015)
- Investors on record: 2

## About

Sosyal Aglar Elektronik Tic. A.S. develops and provides innovative electronic solutions tailored to enhance operational efficiency and user experience across various sectors, primarily serving clients in North America and Europe.Founded in 2013 and headquartered in Istanbul, Turkey, Sosyal Aglar Elektronik Tic. A.S. focuses on delivering electronic solutions for diverse market needs. The company has successfully completed 2 deals and received Series A funding of USD 4.000 mn in December 2015, led by TRPE Capital. The leadership includes CEOs Devrim Sonmez, Gözde Alemli, and Soydan Ersoy.The company specializes in innovative electronic solutions designed to enhance operational efficiency and improve user experience. It serves a diverse clientele, including businesses and consumers, with products developed for markets in North America and Europe. Their core offerings streamline processes and provide targeted responses to specific industry challenges, underscoring the company's commitment to high-quality solutions.Sosyal Aglar Elektronik Tic. A.S. generates revenue through direct sales and subscription-based models, creating a steady cash flow from both B2B partnerships and direct-to-consumer sales. Their pricing structure reflects the value of their flagship offerings, leading to long-term client relationships supported by a mix of one-time purchases and recurring subscriptions, contributing to the company's financial stability.The company plans to utilize the USD 4.000 mn raised in Series A funding to support the launch of new products and expand into additional markets. They aim to introduce innovative solutions by the end of 2016, targeting growth in regions beyond North America and Europe. This strategic investment will enhance their product line and facilitate entry into new geographic areas.

## Funding rounds

- Series A, Dec 24, 2015, $4M — TRPE Capital
- Seed, Aug 19, 2014 — Inventures

## Investors

- Inventures (https://capitalatlas.ai/funds/inventures) — Seed
- TRPE Capital (https://capitalatlas.ai/funds/trpe-capital) — Series A