Commencis

AI-powered digital transformation for financial services and insurance enterprises.

Customer Engagement Growth PE-Backed

Overview

Commencis is an award-winning digital transformation company headquartered in Maslak, Istanbul, Turkey. Founded in 2018, the company specializes in AI-powered digital product engineering for enterprises in financial services, insurance, airlines, and retail, with solutions deployed across 20+ countries and USD 66M in annual revenue.

The company was established by co-founders Fatih Isbecer and Firat Isbecer, who previously led Pozitron -- a mobile banking specialist acquired by London-based Monitise in 2014, which was itself subsequently acquired by Fiserv. With that heritage, Commencis brings deep financial services domain expertise to enterprise digital transformation. The firm has offices in Istanbul, London, and Berlin, and established finbyte in 2019 as a Berlin-based joint venture targeting fintech solutions.

With over 450 experts across design, engineering, and cloud technologies, Commencis delivers end-to-end digital products for more than 20 enterprise clients. In the insurance sector, notable work includes a digital pension fund and policy management application for MetLife and a digital platform for Mapfre. In May 2024, Commencis launched its own Turkish-specific large language model (Commencis LLM) tailored for banking and financial services use cases, with an on-premises deployment option for security-sensitive environments.

Products & Services

Digital Product Engineering

End-to-end development of mobile and web applications for financial services and insurance enterprises.

Key Features

UX and product design
Native and cross-platform mobile development
Web application development
Backend and API development

Target Users: Enterprise carriers, banks, and financial institutions

Cloud & Infrastructure Solutions

Cloud architecture, migration, and managed services across major cloud providers.

Key Features

Cloud migration and architecture design
DevOps and CI/CD pipeline implementation
Managed cloud operations on AWS, Azure, and GCP

Target Users: Enterprise financial services companies

AI & Data Services

Machine learning solutions, data pipelines, and intelligent automation for insurance and financial services workflows.

Key Features

Custom LLM development (Commencis LLM -- Turkish language model for banking)
On-premises AI deployment for security-sensitive environments
Data pipeline engineering and analytics integration

Target Users: Banks, carriers, and financial institutions requiring AI capabilities

Commencis AI Suite

A suite of AI-powered tools for enterprise applications.

Key Features

Enterprise Data Agent
Contact Center Agent
App Review Analytics
Commence Webbot
Localization CMS
Trip Concierge
In-App Search & Navigation
Real-Time Avatar Assistant

Target Users: Financial services enterprises

Insurance Digital Platforms

Custom digital platforms for policy management, pension fund administration, and customer self-service.

Key Features

Policy management applications
Pension fund administration systems
Customer self-service portals

Target Users: Insurance carriers

At a Glance

Founded: 2018
Headquarters: Istanbul, Turkey
Employees: 201-500
Funding: PE-Backed

Category & Focus

Category: Customer Engagement
Subcategories: Mobile App Development Cloud Engineering AI/ML UX Design Digital Product Engineering
Insurance Verticals: Life & Annuity P&C Personal P&C Commercial Health
Target Customers: Carriers, Brokers