Pilot SMMM / LOI: in progress
Waitlist: onboarding
Hybrid approval workflow validated
Operational Frames
All Assets
Afan Selçuk & İskender Yeğen
Co-Founders
Afan Selçuk (Tech & Product) • İskender Yeğen (Vision & Business)
The Vision
The Problem
SMB accounting is slow, expensive, and error-prone. Document collection, classification, bookkeeping, and declarations create recurring monthly friction and compliance risk.
Our Solution
Verginon automates document processing and prepares everything for rapid approval by certified accountants. Businesses move faster, costs drop, and compliance stays intact.
Why We Win
SMMM-approved hybrid automation delivers legal compliance and scalability at once. The growing transaction data and rules engine create a durable data moat.
Investment Highlights
- Regulation-aligned platform model
- Clear painkiller: manual document processing and compliance risk
- Human-approved workflow builds trust
- Data + rules engine compounding moat
- SMMM network effects unlock distribution
Target Market
Primary: SMBs and sole proprietors paying monthly accounting fees. Secondary: SMMM offices managing multiple clients.
Evolution Path
Now: Document upload → automated processing → SMMM approval. 6 months: pilot SMMM live. 18 months: expand SMMM network. 3 years: Turkey's largest SMMM-approved digital accounting platform.
Investment Intel
Strengths
- ✓Compliance-first: built around SMMM approval
- ✓Hybrid automation matches real-world financial accuracy needs
- ✓Scalable platform model with defensible workflow + data moat
- ✓Clear SMB demand for lower cost and faster close
Market Risks
- ⚠Regulatory alignment requires continuous professional buy-in
- ⚠Trust and purchasing cycles are slower in financial operations
OSP Assessment
Verginon targets a high-friction, recurring pain point in SMB finance. The SMMM-approved hybrid model matches regulatory reality while unlocking scale. Once validated, category leadership potential is strong.