Sinemia, a monthly membership club for movie goers where we’re investors, recently raised its second round of funding. We participated in the round together with Burak Orucu and Ali Cebi from Istanbul Startup Angels. Similar to the company’s first round of funding, the new round once again took place on the Borsa Istanbul (Istanbul Stock Exchange) Private Market platform.
Following our original investment in December 2015, the company has grown its number of members and revenue five fold. It has also launched new projects like Sinemia Sosyal and exclusive movie pre-screenings which are complementary to Sinemia’s membership business.
We’re very happy to have participated in Sinemia’s new round of funding as the company continues to build products and business models that bring together movie goers, movie theaters, and film studios.
Also published on Medium.