This has been a year where we reached new heights, expanded globally, and further cemented our commitment to empowering early-stage founders worldwide.
This year marked the most active investment period in our fund’s history, with seven new investments in 2024.
We screened over 2.4K+ companies and engaged with 458, ultimately partnering with 7 extraordinary startups. Among these, we invested in one company in Turkey, one in Canada, and five in the US. The companies we announced include:
The remaining two investments remain in stealth mode, but we look forward to sharing more details soon. Notably, all the announced companies are founded by serial entrepreneurs—leaders on their second or third ventures with even bigger ambitions.
At ScaleX Ventures, empowering founders has always been at the core of our mission. This year, we took bold steps to reinforce this commitment, starting with the successful launch of our Founders' Hub’s first batch.
Building on that momentum, we introduced our Founders' Partner Program—a groundbreaking initiative that includes profit-sharing with our portfolio companies, allowing them to share in our success.
This program not only aligns incentives but also fosters a stronger sense of community and mutual growth.
Now, we’re accelerating our empowerment efforts even further. The second batch of Founders' Hub, focusing on SaaS sales, is already underway, and preparation for the third batch has begun. But that’s not all—this year marks the start of an even bigger vision. We’ve started building a platform to scale our empowerment initiatives, with Founders' Hub as a key component. The groundwork has been laid, some parts of the platform are already live, and we’re excited to share more details soon.
At ScaleX Ventures, we believe that the journey to success is shared. By continuing to invest in programs and platforms that enable founders to thrive, we aim to create a lasting impact across our ecosystem. Stay tuned for more updates as we take our commitment to the next level!
Our portfolio companies have had an exceptional year:
We also celebrated our first exit with Resmo, a company we backed at pre-seed, acquired by JumpCloud this year.
This partnership represents an incredible journey from vision to acquisition and highlights the strength of founder-led innovation.
2024 was transformative for ScaleX Ventures as we expanded our global presence.
We now operate seamlessly across Turkey, Europe, and the US. We’re excited to welcome a new Associate from New York and a Talent Manager from London, both joining us in early 2025.
On a personal note, I am proud to share my promotion to Principal after 7.5 years with ScaleX Ventures. Having started as an intern, I’ve taken each step of promotion one by one over the years, growing alongside the firm and our incredible community of founders. It’s been an incredible journey, and I look forward to contributing even more to our founders and the ecosystem we serve.
Finally, we are excited to share that we will officially launch our second fund in Q1 2025.
With fundraising well underway and a targeted first close by Q1, Fund II will allow us to scale our impact, supporting the brightest founders from Turkey and the Turkish diaspora as they build global, category-defining companies.
As we head into 2025, we do so with renewed momentum, deep gratitude, and unwavering commitment to the ambitious founders who trust us. Thank you to our founders, partners, and community for being an integral part of our journey.
