Apsiyon is a technology company.
Apsiyon has raised $10.0M across 3 funding rounds.
Apsiyon has raised $10.0M in total across 3 funding rounds.
Apsiyon has raised $10.0M in total across 3 funding rounds.
Apsiyon's investors include Draper Associates, Earlybird Venture Capital, LAUNCHub Ventures.
Apsiyon is a technology company founded in 2012 that builds cloud-based property management software for residential communities, apartment complexes, gated communities, and commercial buildings.[1][2][3][4] Its platform provides tools for financial accounting, online dues collection, resident communication, facility management, maintenance requests, operational tracking, and AI-powered digital assistants like ADA and ASYA, solving inefficiencies in managing collective living spaces by digitizing processes, boosting transparency, and enhancing resident services.[1][3][4] Primarily serving the Turkish market as the leading provider, Apsiyon targets property managers and residents, with expansion into Azerbaijan, Northern Cyprus, and plans for broader EMEA penetration; it demonstrated strong growth by earning a spot in Deloitte Technology Fast 50 Turkey 2023.[1][2]
Headquartered in Istanbul's ITU ARI Teknokent, Apsiyon supports thousands of users with multilingual, scalable features, mobile apps, and expert support, fostering efficiency in security, cleaning, billing, and communications as evidenced by user testimonials.[1][4][6]
Apsiyon was founded in 2012 by Kudret Turk, Erkan Dogan, and Meric Akdamar in Istanbul, Turkey, addressing a gap in the real estate sector—Turkey's economic mainstay—where traditional software overlooked property managers' needs for residential and mixed-use developments.[2][3] Earlybird Venture Capital invested in 2016, recognizing its potential as an on-demand, web-based solution for easy-to-use management.[2] Pivotal moments include rapid adoption in Turkey, AI innovations like chatbots ADA and ASYA launched in 2024 to streamline admin tasks and resident queries, and sponsorship of the 2024 EMRC Summit to build EMEA networks.[1][3]
The founders' focus on R&D has driven 12+ years of evolution, from core financial tools to AI automation, positioning Apsiyon as a PropTech pioneer amid digitizing public living spaces.[3][6]
Apsiyon rides the PropTech wave, digitizing real estate management amid rising demand for smart, efficient living spaces in urbanizing EMEA regions, where collective housing dominates.[1][3] Timing aligns with AI adoption post-2023 boom, enabling automation in billing and communications when manual processes prevail; market forces like Turkey's real estate-driven economy and global cloud shifts favor its scalable model.[2][3] It influences the ecosystem by leading Turkey's site management software, sponsoring industry events, and expanding multilingual tools, inspiring competitors while empowering managers to focus on services over admin.[1][6]
Apsiyon's momentum—Deloitte Fast 50 status, AI launches, and EMEA push—positions it for accelerated global scaling, potentially dominating PropTech in emerging markets.[1][3] Trends like AI deepening (e.g., predictive maintenance) and smart city integrations will shape its path, evolving influence from Turkish leader to regional powerhouse via partnerships and acquisitions. As cloud PropTech matures, Apsiyon's founder-driven innovation ensures it remains the go-to for simplifying collective living, tying back to its core mission of efficiency for managers and comfort for residents.[1][2][4]
Apsiyon has raised $10.0M across 3 funding rounds. Most recently, it raised $5.0M Series A in March 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2020 | $5.0M Series A | Draper Associates, Earlybird Venture Capital, LAUNCHub Ventures | |
| Dec 1, 2017 | $2.0M Seed | Draper Associates, Earlybird Venture Capital, LAUNCHub Ventures | |
| Sep 1, 2016 | $3.0M Seed | Draper Associates, Earlybird Venture Capital, LAUNCHub Ventures |