The company was founded by Istanbul Startup Angels in 2016 and offers its members the opportunity to invest in seed/early-stage technology startups through its venture capital AngelFund or co-invest independently. AngelFund is a micro VC of around USD10 mn, and investors can choose to invest on a deal-by-deal basis or allocate some of their budgets to AngelFund to let Startupfon invest on their behalf. The company also organizes training under the brand of TechInvestor Academy and produces resources for players in the entrepreneurial ecosystem with its experienced team and expertise in the field. With its widespread communication and business network, Startupfon is the first co-invest fund in Turkey that offers the opportunity to fund early-stage technology startups, and it acts with the vision of not only expanding the number of startups it invests in but also developing the startup ecosystem.