# Pragma: portfolio, investments and team

> Pragma is a private equity based in Türkiye. 1 investment on record, latest Oct 2024. Portfolio, stages, co-investors and team.

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

Türkiye · [Investor](https://millionrounds.com/investors)

# Pragma

Last cheque observed Oct 2024. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Private equity Quiet Last fund $821M, Apr 2014 Website unconfirmed

Series A Series B Growth Industrial Technology

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 1 on record

Since the last cheque **755** days **00** hrs **00** min **00** sec

Median round **$8.5M** Rounds led **0 of 1**

Pitch Pragma

## Pragma highlights

- 01 1 rounds on record
- 02 Mostly Seed: 100% of its rounds

## What they do

- **Type:** Private equity
- **Cheque size:** Not stated
- **Stages:** Series A Series B Growth Buyout
- **Sectors:** Industrial Technology
- **Based in:** Istanbul, Türkiye
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=pragma).

## The record

Every round we can evidence, newest first **1 appearances**

- **2024** 1 round
- **Oct** **[OpenGradient](https://millionrounds.com/company/opengradient)** Seed · US · AlleyWatch **$8.5M** With 14 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **3 named**

AB **Alexandre Braga** Director i Filing they signed

JL **John Lewis** Director i Filing they signed

MF **Mark Fagan** Director i Filing they signed

We also hold **2** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Latest fund on file

**$821M**

raised in Apr 2014

From its SEC filing. Nothing newer is on file yet.

## The cheque

Series A Series B Growth

Median round joined **$8.5M** the round, not its cheque

Led 0 of 1 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2024

Rounds by stage said on their site

- Seed *1*
- Series A said *-*
- Series B said *-*
- Growth said *-*
- Buyout said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies Pragma put money into.

[**OpenGradient** $8.5M · Oct 2024](https://millionrounds.com/company/opengradient)

## Quick answers about Pragma

### What does Pragma invest in?

Pragma invests most often at Seed (100% of the rounds on record), in sectors such as Industrial and Technology.

### How active is Pragma?

1 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2024.

### What has Pragma invested in recently?

Its most recent investments on record: OpenGradient (Seed, Oct 2024).

### How big are Pragma's cheques?

The median round it joins is $8.5M.

### Is Pragma investing now?

No investments in the last 12 months; the latest was in Oct 2024.

### What kind of investor is Pragma?

Pragma is a private equity firm based in Istanbul, Türkiye.

### Has Pragma raised a new fund?

Its latest fund filing with the SEC was in Apr 2014, reporting $821M raised.

### Where does this information on Pragma come from?

From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=pragma) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=pragma)
