A Vision Becoming Reality
At the end of 2025, news emerged that the Turkish Airlines Venture Capital Fund was in discussions to invest in Vendorside. The announcement attracted considerable attention within Türkiye's technology and startup ecosystem, highlighting Vendorside's growing role in the future of enterprise procurement.
In 2026, those discussions successfully concluded with the official investment, making Vendorside the very first technology company to receive funding from the Turkish Airlines Venture Capital Fund.
Why Vendorside?
Today's procurement teams do far more than collect quotations or create purchase orders.
With increasing supply chain disruptions, market volatility, rising costs, and growing volumes of enterprise data, procurement has evolved into a strategic business function.
Vendorside was built specifically for this new reality.
The platform brings together:
- Strategic sourcing
- Supplier management
- Contract management
- Spend analytics
- End-to-end Source-to-Pay operations
within a single AI-powered procurement platform.
In addition, Vendorside's Agentic AI approach enables organizations not only to digitize their procurement processes but also to work alongside intelligent AI agents capable of analyzing enterprise data, providing recommendations, and eventually autonomously executing selected procurement tasks.
AI Is Redefining Procurement
For decades, enterprise software has primarily focused on recording and managing business processes.
The next generation of Enterprise AI goes much further.
Tomorrow's procurement platforms will:
- predict potential risks before they occur,
- recommend alternative suppliers,
- analyze pricing trends,
- interpret contracts,
- and provide procurement leaders with real-time, data-driven decision support.
This is exactly the future Vendorside is building today.
Accelerating Global Growth
The investment from the Turkish Airlines Venture Capital Fund will support Vendorside in:
- expanding its AI capabilities,
- accelerating the development of Agentic AI technologies,
- strengthening product innovation,
- scaling international operations,
- and becoming one of the leading global players in enterprise AI and procurement technology.
A Global Technology Story from Türkiye
Today, Vendorside helps organizations across multiple industries make procurement smarter, more transparent, and significantly more efficient.
The Turkish Airlines Venture Capital Fund's decision to make its first investment in Vendorside is not only a major milestone for our company but also an important signal for the global potential of enterprise software and artificial intelligence developed in Türkiye.
Looking ahead, our mission remains clear: to redefine procurement through intelligent technologies that don't simply automate processes, but actively understand, learn, and collaborate with procurement professionals.
Because the future of procurement will not rely solely on software.
It will be powered by intelligent AI teammates.
And at Vendorside, we are building that future today.
