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Insider is a Turkish artificial intelligence company based in Singapore.[1] Founded in 2012 in Istanbul, the SaaS company[2] has a valuation of almost US$2 billion according to Forbes, making it one of Turkey's first unicorn firms,[3] and is led by CEO Hande Çilingir.[4]

History

Insider was founded in Istanbul in 2012 by Arda Koterin, Hande Cilingir, Mehmet Sinan Toktay, Muharrem Derinkök, Okan Yedibela and Serhat Soyuerel.[5]

In February 2021, the company raised US$32 million in a Series C funding round.[6] In May 2022, the company raised US$121 million in a Series D round,[6] and became a unicorn. In May 2023, the company raised US$105 million mostly from the Qatar Investment Authority and Esas Private Equity, bringing its total valuation to almost US$2 billion.[7]

In January 2023, Insider acquired MindBehind.[8]

References

  1. ^ Devamı, Haberin (2022-03-02). "Insider becomes 5th Turkish unicorn company - Latest News". Hürriyet Daily News. Retrieved 2024-03-11.
  2. ^ "Insider web'i kişiselleştiren teknolojiyi sunuyor". CNN (in Turkish). 8 January 2016. Retrieved 2024-03-11.
  3. ^ Yanık, Tolga (8 March 2022). "Türkiye'nin 6'ncı "unicorn"u Insider, 28 ülkeye teknoloji ihraç ediyor". www.aa.com.tr. Retrieved 2024-03-11.
  4. ^ Wibisono, Ardian. "Singapore's AI-Based Marketing Unicorn Raises $105 Million To Finance M&A". Forbes. Retrieved 2024-03-11.
  5. ^ Divecha, Devina (2023-10-26). "Making Waves: Hande Çilingir, Co-Founder And CEO, Insider". Entrepreneur. Retrieved 2024-03-11.
  6. ^ a b Vaswani, Simran. "Singapore Startup Joins Unicorn Club After Qatar Investment Authority-Led Funding". Forbes. Retrieved 2024-03-11.
  7. ^ Ersoy, Ercan; Amin, Haslinda (2023-05-24). "Turkish AI-backed Startup Worth Almost $2 Billion in Funding". Bloomberg.com. Retrieved 2024-03-11.
  8. ^ Berktan, Hande (11 January 2023). "Insider, diyalog bazlı mesajlaşma platformu MindBehind'i satın aldı". Bloomberg. Retrieved 2024-03-11.

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