Telescope Receives Investment with $4 Million Valuation

Telescope, a London-based Turkish artificial intelligence startup, has received investment at a valuation of $4 million. The Turkish startup offers predictions for the next period by saving up to 40% in digital media spending of organisations and measuring the success of their campaigns. The marketing-oriented artificial intelligence startup serves with SaaS and Enterprise solutions. The startup has a customer portfolio in 10 different countries. Investors in the startup are Turkish angel investors and Marketing Group, which provides international services.

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Telescope Aims to Be the Best Globally

Telescope predicts that the annual budget allocated by organisations in the global market for digital marketing communications will be over 450 billion dollars in 2023. Thanks to Telescope, companies can predict the performance of their campaigns according to the macroeconomic data of the country they are in and save budget. Telescope, which offers its customers suggestions on which digital platforms, especially Google and Meta, can be used for stronger communication, brings the best and most suitable campaign pool for companies together with its users by evaluating the competitor situation.