Managing Director at Revo Capital
Cenk Bayrakdar is best known as the Founding Partner and Managing Director of Revo Capital, the largest Turkey-focused venture capital with $156 million AUM. The VC firm launched its debut fund at $66 million in 2013 and closed its oversubscribed second fund of €90 million in 2021.
Revo Capital’s two funds have a network of a total of 50 investors, including anchor global institutional investors such as IFC, EBRD, EIF, and DEG. Revo Capital has made a total of 30 investments in technology sectors spanning different industries, such as Fintech, Healthcare, Logistics, E-commerce, and Enterprise Software.
Revo Capital has invested in companies that have found early success in the sector, such as rapid grocery delivery decacorn Getir as well as executing notable exits including Foriba (former FIT Solutions), a reg-tech startup acquired by global tax software company Sovos, and Mikro-Zirve, a software firm backed by Turkven, acquired Paraşüt, a fintech SaaS startup.
Cenk has more than 13 years of extensive C-level experience in the telco industry, including serving as the Group CIO and lastly the Chief New Technology Businesses Officer of Turkey’s largest telco Turkcell. His broad vision concerning technology and business management, business development, IT, and product/ services management coupled with his deep experience in innovation management and technology leadership has allowed him to support and guide Revo Capital’s portfolio companies at pivotal junctions in making key transitions and managing growth and change.
After graduating from Robert College in Istanbul, Cenk received his Bachelor’s Degree in Electronics & Communication Engineering from Istanbul Technical University and his Master’s Degree in Industrial Engineering and in Finance from Texas A&M University.