Tugce Ergul is the founder of Angel Labs, the world's first investor accelerator.[1] She educates potential investors around the world about angel investing.

Tugce Ergul
Tugce Ergul talks at TechCrunch Disrupt Berlin in 2017
Born
Alma materSorbonne
Occupation(s)Entrepreneur, investor
Known forFounder and CEO of Angel Labs
WebsiteTugce Ergul on LinkedIn

Early career

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Ergul was born and grew up in Turkey. She obtained an undergraduate degree in Finance from Sorbonne and a master's degree in International Management from Bocconi University.[2] Ergul worked in investment banking for Rothschild and coordinated Startup Weekend in Southern Europe.[3][4] She came to the United States to launch Startup Labs, a Silicon Valley seed-stage investment fund helping portfolio companies launch and grow in emerging markets.[5][6][7]

Angel Labs

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After investing in 30 countries, Ergul concluded that there was a lack of global investors, especially at the growth stage, and a lack of education among the existing investors and startups. Only 5% of entrepreneurs from emerging markets visiting San Francisco managed to secure venture capital for their companies abroad. To tackle the problem as an investor, she launched Angel Labs with some of her team members in 2013 and became the CEO.[5][6][4] Their goal was to foster technological innovation through mentorship, education and funding.[8] Angel Labs was the world's first investor accelerator.[1]

In its first year, Ergul's team visited 25 countries and educated 2,000 potential investors (CEOs and executives, or members of family offices), half of which formed an angel network, started a venture fund, or made a first investment by 2015.[6] In 2015, Angel Labs hosted events to identify and educate potential investors in 25 countries and created 11 angel networks.[5]

After initially focusing on emerging markets, the company broadened its operations in Europe and the United States.[7] Angel Labs had 40 employees in 2016.[9] By the end of 2017, Ergul had managed investments of $100 million in 40 countries.[8]

Awards and recognition

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Ergul was named to the 2018 Forbes 30 Under 30 Europe in the Finance category.[10]

She made it into the Fortune Turkey 40 Under 40 list for 2016.[4]

References

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  1. ^ a b ""MENA investors also need to be educated." - Angel Labs' Tugce Ergul On The MENA Funding Ecosystem". Inc. Arabia. April 27, 2017.
  2. ^ "Women in Business Q&A: Tugce Ergul, Co-Founder, Angel Labs". Huffpost. July 4, 2016.
  3. ^ "A colloquio con Tugce Ergul, giovane VC e coordinatrice di Startup Weekend Roma" (in Italian). TIM WCAP. September 15, 2010.
  4. ^ a b c "40 Yaş Altı 40 2016: 32. Tuğçe Ergül" (in Turkish). Fortune Turkey.
  5. ^ a b c "Can Angel Labs bring the spirit of Silicon Valley to investors around the globe?". The Guardian. February 20, 2015.
  6. ^ a b c "Angel Labs aims to fill gap in angel investments". USA Today. February 8, 2015.
  7. ^ a b "A Global Academy's Crash Course Makes Angels Out of Investors". The New York Times. November 12, 2015.
  8. ^ a b "30 Under 30 Europe: The Financiers Shaping Global Markets In 2018". Forbes. January 21, 2018.
  9. ^ "Iran's First Angel Networks Launch, Offering A Route To Invest In Startups There". Forbes. January 21, 2016.
  10. ^ "30 Under 30: Finance". Forbes. 2018.
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