# Magfi funding: rounds and investors

> Magfi has raised $1.1M across 1 round since 2024. Investors include Eleven Ventures and Workup. Every round with its source.

Source: https://millionrounds.com/company/magfi (Millionrounds; every figure on the page links to its filing or article)

Türkiye · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Magfi*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Martech

Funding summary Updated 26 Oct 2026

**$1.1M** raised across 1 round since 2024, from 1 source

- **Latest round:** Seed, $1.1M Sept 2024
- **Investors:** 2

See who backed them

## The rounds

- **Sept 2024** Seed **$1.1M** [Eleven Ventures](https://millionrounds.com/fund/eleven-ventures-3) [Workup](https://millionrounds.com/fund/workup) Source recorded

## Founders and team

From Magfi's own website: 4 founders, 3 on the team.

**Mustafa Fikret Uğur** CEO, Co-founder

**Atakan Kocaayan** CTO, Co-founder

**Deniz Duran** Product Manager, Co-founder

**Kadir Gölcük** Frontend Team Lead, Co-founder

- **Eylül Suvardar** Campaign Lead
- **Mahmut Zengin** Product Designer
- **Yaşar Yılmaz** Backend Team Lead

## Everyone who backed them

[Eleven Ventures](https://millionrounds.com/fund/eleven-ventures-3) VC firm **1** round

[Workup](https://millionrounds.com/fund/workup) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=magfi).

## Also claim to have backed them

This firm lists Magfi as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Lima Ventures](https://millionrounds.com/fund/lima-ventures) VC firm Per its own site

## Quick answers about Magfi

### Who invested in Magfi?

Magfi's investors include Eleven Ventures and Workup.

### How much has Magfi raised?

Magfi has raised $1.1M across 1 round since 2024.

### When did Magfi last raise?

Magfi's most recent round was a Seed of $1.1M in Sept 2024.

### What was Magfi's biggest round?

Its most recent round, $1.1M in Sept 2024, is also its largest on record.

### Who backed Magfi first?

Magfi's first round on record, in Sept 2024, was backed by Eleven Ventures and Workup.

### What stage is Magfi at?

Magfi's latest named round is a Seed, in Sept 2024.

### Where is Magfi based?

Magfi is based in Türkiye.

## Companies like Magfi

In the same sector, and raised in the last eighteen months.

[**Cuttable** $29M · Oct 2026](https://millionrounds.com/company/cuttable)[**Cashbanx** $4.1M · Oct 2026](https://millionrounds.com/company/cashbanx)[**Different** $48M · Oct 2026](https://millionrounds.com/company/different)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**OuterSignal** $22M · Sept 2026](https://millionrounds.com/company/outersignal)[**Pipedrive** $90M · Sept 2026](https://millionrounds.com/company/pipedrive)

## Find investors like these

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