Core Finance served as the exclusive financial advisor to Fuudy during its seed funding round, which attracted backing from prominent founders and private investors. Fuudy operates as a contemporary food delivery service, distinguished by its focus on premium restaurant partners, refined user experience, and customer-centric approach.
The company, established in 2020 by İlker Baydar and Cem Mirap, demonstrated strong momentum with consistent month-over-month growth exceeding 15% and projected 1 Billion TL in gross merchandise value for 2021.
The capital raised will support team expansion, marketing initiatives, and vendor recruitment across restaurants, dark kitchens, and supermarkets in additional markets.
Notable investors participating in the round include Cenk Çimen (Koç Holding’s automotive head), Barbaros Özbugutu (Iyzico founder and CEO), Sitare Sezgin (AkÖde & Tosla leadership), and Yağız Çekin (Actera Group partner).
Co-founder İlker Baydar stated the investment “enables us to continue executing on our vision of delivering premium service and curated products, whenever and wherever our customers need them.”
This transaction marks Core Finance’s 11th deal within 12 months and sixth during 2021.