All, News

Iftrue, the startup that improves the business processes of software teams, raised an investment!

News

Iftrue, the startup that improves the business processes of software teams, raised an investment!

Aiming to support the business processes of stakeholders in the ecosystem with the services it offers to software teams, Iftrue raised investment. Developing the business processes of software teams, Iftrue raised an investment from TechOne Venture Capital, DOMiNO Ventures and Startup Wise Guys.

Iftrue contributes to the improvement and facilitation of project processes by providing services to software teams with the solutions it has developed. In this context, Iftrue offers its users processes and metrics based on scientific research, enabling software teams to work faster. Today, when the common features of successful enterprises are evaluated, it can be shown that the teams work in harmony are in the first place. It is observed that product development processes reach an optimum efficiency in scenarios where business development teams work in harmony with each other. In addition, it is noticed that teams that achieve harmony in terms of cooperation both increase team solidarity and provide better quality service to customers. With the increase in experience in software development processes, a significant increase in benefits and cost optimization is achieved in the software activities of companies. Iftrue saved up to 50% in product development costs for teams where the product was tested during the private beta period.

The company aims to reach more teams with the open beta in the first three months of 2023. “We aim to be an indispensable part of software teams.” Iftrue Co-Founder Erdinç Akkaya has worked in various positions in companies that have been developing software-based products for more than 15 years and are mainly established in Silicon Valley. Making statements about the future plans of Iftrue, Iftrue Co-Founder Erdinç Akkaya said, “When we look at the recent developments, we observe that the business processes are in a great change. We see that remote working has become widespread, especially with digitalization. With the development of remote working processes, we evaluate that there are some deficiencies in terms of communication within the team. At this point, we aim to be an indispensable part of software teams. In addition to maintaining our service quality in 2023, we aim to accelerate the growth momentum we have achieved by entering the American and European markets.”. On the other hand, TechOne Venture Capital Managing Partner Yiğit Arslan expressed his happiness with the investment process by saying, “As TechOne VC, we are happy to support visionary initiatives that take steps towards the world of the future. With the services it offers, Iftrue aims to solve the problems in the software ecosystem and improve the business processes there. In the next period, we will work together for Iftrue to operate in different geographies.”.

Yagiz Karadeniz, Managing Director of DOMiNO Ventures, also evaluated the Iftrue investment process, “We find the work of the Iftrue team very valuable. Especially in the field of future of work, the importance of metric and optimization-oriented software will increase even more. As DOMiNO Ventures, we will continue to invest in startups with rapid growth potential in global markets. We are always on the side of entrepreneurs with our fund and competent team that we have established to contribute to the success of visionary initiatives.” said.

To examine Iftrue in more detail,you can reach it from the website https://iftrue.co/

Other News

Other News

Other Insights

Other Insights

Clarity. Ambition. Precision. Respect. Impact.

At DOMiNO, our mission is to back bold founders and create the DOMiNO Effect for Better Future. These five values guide everything we do from how we choose our partners to how we show up for them. They reflect who we are, what we stand for, and how we build together.

Bold Moves Shift The Future

We back high-tech, pure-digital, and first-day global startups led by founders obsessed with finding innovative ways to build a Better Future with the DOMiNO Effect. We support outstanding technology founders from Eastern Europe, Central Asia and the Caucasus to help them realize their global ambitions.

Early and Growth Stage AI-driven Tech Startups

Qualified Founders and Multi-Functional Teams

First-day global thinkers with global scaling potential

Fully in-house Tech Solutions with Laser Focus

Early and Growth Stage AI-driven Tech Startups

Qualified Founders and Multi-Functional Teams

First-day global thinkers with global scaling potential

Fully in-house Tech Solutions with Laser Focus

Beyond Sectors. Into Scale

We’re looking for high-tech, pure-digital and first-day global startups and the big brains behind them. It’s not just about the category, it’s about clarity of vision and the courage to scale it fast.

AI

Deeptech

Cleantech

Healthtech

Fintech

Hrtech

Edtech

Gametech

Cybersecurity

Life Science

AI

Deeptech

Cleantech

Healthtech

Fintech

Hrtech

Edtech

Gametech

Cybersecurity

Life Science

Working on something big? We're all ears.

The best way to reach us is via someone we mutually know. You can always email us directly at apply@dominovc.com

Looking to invest in bold ideas for a Better Future?

The best way to invest with us is through shared vision and bold ambition, if you're ready now, our funds and portfolio are open to those ready to shape the future. Let's invest in it together.

Amsterdam - Eerste Weteringplantsoen 8, 1017SK, Netherlands
Istanbul - Inonu Ave. Kayabasi St. 128 Floor:3, Türkiye
London - 124 City Road, London, EC1V 2NX, United Kingdom
Tallinn - Metro Plaza, 3. korrus, Viru väljak 2, 10111, Estonia
Warsaw - UL. Chmielna 73, 00-801, Poland
Astana - Prospekt Mangilik Yel. 55/8, 020000, Kazakhstan
Tashkent - Tepa Massiv Avenue, 4/1, 100077, Uzbekistan
Tbilisi - Merab Kostava St, Tbilisi 0171, Georgia
Baku - 57 Uzeyir Hajibeyov, Baku 1005, Azerbaijan

DOMiNO Ventures is a venture capital fund focusing on high-tech, pure-digital and first-day global startups with strong origins in Eastern Europe, Central Asia and the Caucasus. We are backing founders who are solving new problems of the modern world in AI, Deeptech, Cleantech and beyond, helping them realize their global ambitions to create DOMiNO Effect for Better Future.

Amsterdam | Istanbul | London
Tallinn | Warsaw | Astana | Tashkent | Tbilisi | Baku

Contact Us
  • Eerste Weteringplantsoen 8, 1017SK Amsterdam
  • ventures@dominovc.com

© DOMiNO Ventures. All Rights Reserved

Attention! This investment falls outside AFM supervision. No license and no prosoectus required for this activity.

Bir yanıt yazın

E-posta adresiniz yayınlanmayacak. Gerekli alanlar * ile işaretlenmişlerdir