ICOA is an independent investment company. We back ambitious founders worldwide and help them scale – drawing on many years in AI infrastructure and enterprise software.
We combine our own capital with first-hand experience of scaling enterprise technology companies from early traction to exit.
We invest early in technology companies around the world – as business angels, often alongside leading venture capital funds.
Many years of building and leading enterprise sales teams worldwide – in AI infrastructure and high-growth software, through acquisitions and an IPO.
Access to investors, executives and enterprise customers – where it matters for the next stage of growth.
A focused portfolio across four continents – from wealth tech in Singapore to AI-powered adtech in North America.
Digital wealth platform offering managed portfolios, brokerage and cash management to investors in Singapore, Hong Kong and Australia. Licensed by the Monetary Authority of Singapore, with more than US$10 billion in client assets and group profitability reached in 2025.
Turns the TVs in bars, restaurants and retail stores into a targeted advertising network. An AI-powered device detects commercial breaks and replaces them with relevant ads and venue content, sharing revenue with the venue. Y Combinator alumnus, live in more than 7,000 venues.
Builds, scales and acquires purpose-driven direct-to-consumer brands in South Africa. The portfolio includes Faithful to Nature, UCOOK, SKOON and Pet Heaven.
Global digital content studio that acquires and scales creator-led franchises across YouTube shows, music catalogues, live events and commerce – including Theorist and Economics Explained, with more than 40 billion views to date.
Independent mortgage broker comparing offers from more than 600 banks, insurers and building societies, with around 200 employees at over 70 locations across Germany. Acquired by the Bilthouse Group in 2022.
The rising bars in our logo stand for what we invest in: the growth of our portfolio companies.
ICOA is the investment company of Onur Aksoy, a commercial executive with many years in AI infrastructure and enterprise software. He has built and led enterprise sales organizations worldwide at venture-backed companies, several of which went on to successful outcomes.
Through ICOA, he invests that experience alongside capital – in founders building category-defining technology companies.
Or email us directly:
onur@icoa.online
