VenueX, a Turkey-based provider of AI-supported marketing solutions, has secured a $1.2 million investment led by Singapore-based Orbit Startups, known for its investments in early-stage ventures. Existing investors Re-Pie, Akkök, and Akyaşam also participated in the round.
Founded by Contemporary Akar and Kurshad Arman, VenueX enables retail brands to manage their digital assets across platforms like Google, Meta, Apple, Yandex, and TikTok through a single unified interface.
The company delivers a holistic view of customer behavior by integrating data from physical stores and digital channels via its AI-powered infrastructure.
After nearly 1.5 years of R&D, the company launched its first product in April 2024. VenueX’s autonomous marketing agents combine advertising budgets, inventory data, and in-store activity in real-time, offering instant campaign suggestions to boost brand revenues.
The investment will fuel VenueX’s expansion into the UAE and Saudi Arabia, where it plans to establish local sales teams across the MENA region, scale its operations in Turkey, and enhance the capabilities of its AI agents.
Kurshad Arman, Co-Founder and CEO of VenueX, commented:
“The support from Orbit Startups is vital to transferring the momentum we’ve built in Turkey to the UAE and Saudi Arabia.
Our goal is to increase the total return on investments by making advertisers’ store and digital channel data communicate more effectively in MENA.”
