IKAS

Status: Active

Sector: E-Commerce

Industry: E-commerce Technologies, Software and SaaS, Retail and Digital Transformation

Summary: Next generation e-commerce platform designed for small and medium sized enterprises (SMEs).

Company Overview: ikas is an e-commerce platform designed to help businesses, particularly small and medium-sized enterprises, sell their products online. It aims to provide tools and features that make it easier for brands to succeed in the online marketplace. The platform is focused on attracting business owners who want to establish or grow their online sales presence.

Business Model: ikas operates on a subscription-based business model, where users choose from various packages tailored to their specific needs and business size. It also offers additional subscriptions for add-on products like ikas Mars, a built-in tool designed to support the marketing needs of e-commerce merchants. Besides the subscription, ikas Mars users can purchase extra credits to send emails and SMS to their customers.

Product & Services:

  • E-commerce Infrastructure: ikas’ platform encompasses essential e-commerce functionalities, including website creation, product management, order tracking, shipping and seamless payment integration.
  • E-export Solutions: It simplifies the complexities of e-exporting by addressing customs procedures, logistics, marketing, and other crucial aspects, ensuring a smooth and efficient process for businesses.
  • Marketing Tools: With ikas Mars, users can create and manage marketing campaigns, send targeted emails and SMS messages, and utilize various tools to engage customers and boost sales. It integrates these functions into one platform, making it easier for e-commerce businesses to handle their marketing needs effectively.

Key People:

Mustafa Namoğlu: CEO & Co-Founder

Ömercan Çelikler: Co-Founder

Tugay Karaçay: Co-Founder

Umut Ozan Yıldırım: Co-Founder

Investment & Growth Information:

In 2022, ikas raised $3.5 million in seed funding with the participation of 500 Global, Revo Capital, Oyak Yatırım, Finberg, and other significant global investors. Building on this early success, ikas secured a substantial $20 million investment in 2023 during a Series A funding round led by IFC, a member of the World Bank Group, and Re-Pie Portföy. This major investment has accelerated the company’s growth, enabling it to expand its global footprint and strengthen its position in the international market.

 

Important Links:

https://ikas.com/

https://www.linkedin.com/company/ikas-com/

https://www.instagram.com/ikasturkiye/

https://www.x.com/ikasturkiye/