Investment process

Step 1: PRE-SCREENING

Complete the "Entrepreneur Evaluation Form" and send it to Karaya along with the summary file (Pitch Deck). Your request is reviewed based on the investment criteria and that you have a Working MVP (minimum acceptable product in operation), and if it meets the performance criteria and the documentation is complete, it will be reviewed by one of the investors of the group as the person responsible for the initial evaluation. Placed. After the approval of the evaluation officer, you will be invited to the screening session. If the requested documents are completed and sent on time, this step will be done within 14 working days at most.

You can set up and submit your presentation file using the pitch-deck-guidelines-v1 presentation file preparation guide.

Step 2: SCREENING

At this stage you will make a presentation to the Karaya screening team. Karaya screening sessions are held every two weeks with the invitation of two startups. Note that a 20-minute presentation, along with questions and answers, includes a total of about 30 minutes of screening session time. You can download the guide file for preparing the presentation file from pitch-deck-guidelines-v1.

Step 3: Presenting the startup in the presence of all Karaya group investors PITCHING TO INVESTORS

Selected startups are invited to the investment meeting held monthly. Usually 2 startups present in these meetings. Then the investors discuss various aspects of startups in a private meeting.

Step 4: DUE DILIGENCE verification

After presenting in the presence of Karaya investors, if Karaya investors are interested in your startup, the due diligence process will begin based on this instruction. During the verification process, Karaya carefully evaluates the items stated in: business plan (BP), financial presentations and forecasts, background and records of the founders' team. At this stage, the evaluation team usually visits the startup's location and meets with all the members of your startup. In the early stages of the verification, preliminary negotiations are conducted regarding the term sheet and valuation so that the parties to the negotiation can make sure that they are at an acceptable distance in terms of valuation and related matters, and it is possible to proceed with the negotiations. This step takes about one to two months, depending on the completion of the startup documentation.

Step 5: Negotiations and conclusion of DEAL STRUCTURE & TERM SHEET contract

After the successful completion of the verification process, Karaya provides a basic framework (Term Sheet) in order to explain the structure of the investment transaction. Things like the amount of shares of the parties, the type of shares and the members of the board of directors are presented in this framework. The transaction structure is set based on the agreements made in the basic framework. At this stage, all the required legal documents such as articles of association, partners' agreement, share purchase agreement and other required legal documents are prepared and signed by the parties.

Step 6: Investment and subsequent support FUNDING & SUPPORTS

After the investment parties have agreed on the legal documents, the transaction is done. After the capital injection based on the agreements made, the startups covered by Karaya can benefit from the advice and communication of Karaya group members in order to advance their startup goals and follow the growth and development of their business.