$700k · Other round · Edtech · Istanbul, Türkiye
Istanbul-based Okulyo, which combines school access, attendance, parent communication and campus payments in one platform, has raised $700k in new funding. The round was led by ebebek founder Halil Erdoğmuş. The company says the capital will expand its school and student network in Türkiye, strengthen its technology, support new products and financial services, and accelerate international growth.
Okulyo reports that this is its second financing in a year and takes investment over that period to $1.3m. A December 2025 strategic investment from Insha GSYF was announced without an amount in the source reviewed; it should not be confused with the new $700k round.
School access becomes the operating-system wedge
Schools often buy access control, attendance tracking, parent messaging and cafeteria systems from separate suppliers. Okulyo’s product connects turnstiles, card readers, kiosks and software: a student’s entry can update attendance, trigger a parent notification and feed school reporting, while the same platform manages cashless cafeteria payments, balances and spending records. The company says it now serves 600 schools, 360,000 students and 700,000 parents.
That makes safety and attendance the adoption wedge, but transactions can deepen the relationship. Once a school relies on Okulyo for daily access events and identity, adding canteen payments or parent-association collections uses the same student account and administrative workflow. Okulyo says it sells the combined feature set through a monthly subscription without an installation charge. The commercial implication is a broader revenue opportunity per school, provided the company can support hardware, payments and software reliably as one service.
International growth depends on local integrations
The earlier Insha relationship shows why the financial layer matters. The 2025 announcement said Insha Ventures would support Okulyo through FLYP’s APIs for payments, wallet management, identity verification and process integration. Those capabilities can reduce the amount of financial infrastructure Okulyo must build itself, while keeping the school-facing experience inside its platform.
International expansion will still require more than translating the application. School information systems, payment rails and compliance requirements differ by market, and the physical access layer adds installation and service demands. The new funding therefore backs a repeatability test: whether Okulyo can turn its integrated model into a deployment playbook that travels beyond Türkiye without losing the operational simplicity it promises schools. Erdoğmuş said he sees scale in the company’s expanding network and Fin-EdTech model; the next proof point is converting that strategic confidence into durable deployments.
