Although the AI consumer app industry is still in its early stages, trends suggest a significant potential for long-term growth and scalability.

FERASET, a Turkish developer specializing in AI-powered consumer applications, has successfully secured $4.5 million in seed funding from Play Ventures and e2vc.

The investment is set to bolster FERASET's capabilities in mobile gaming and AI, leveraging the strong foundation of Türkiye's mobile gaming ecosystem.

Play Ventures and e2vc have expressed confidence in FERASET's potential, particularly at the intersection of mobile gaming and AI, thanks to the team's diverse expertise.

e2vc highlighted the exceptional expertise of FERASET's co-founding team in mobile product development and marketing, which is crucial for entering the AI consumer app market.

FERASET has developed notable applications such as Hexa, Livensa, Aura, and Music AI, which collectively achieve over 2 million downloads per month.

CEO H. Burak Demir expressed confidence in leading the AI consumer app revolution with the new funding, aiming to deliver groundbreaking products globally.

Demir emphasizes FERASET's strategic position to lead in AI consumer applications and plans to push boundaries with the new investment.

The funding will be utilized to expand the team, accelerate new product development, and enhance marketing strategies to boost app downloads and subscriber growth.

With this impressive download rate, the company anticipates further growth as it expands its portfolio and enhances its marketing efforts.

Headquartered in Istanbul, FERASET specializes in a variety of mobile applications, including those in design, video, music, photo, and utility categories.

Demir, who previously transitioned Zerosum Games to Zynga, leads a team of industry veterans dedicated to innovating in AI applications.