About Barty
Barty is a company based in Istanbul (Turkey) founded in 2019 by Semih Kilicgedik. It operates as a Two-Sided Marketplace, and Circular Economy. Barty has raised $2 million across 1 funding round from investors including Alesta, Keiretsu Forum Turkey and Geometry Venture Development. Barty offers products and services including Barty Platform. Barty operates in a competitive market with competitors including Sahibinden, Craigslist, Zebramo, Aksaray ikinciel and GittiBu, among others.
- Headquarter Istanbul, Turkey
- Founders Semih Kilicgedik
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Sep 01, 2021
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Investors
Alesta
& 11 more
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Employee Count
Employee Count
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Products & Services of Barty
Barty offers a comprehensive portfolio of products and services, including Barty Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform for cashless item swapping using points.
Funding Insights of Barty
Barty has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.0M
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First Round
First Round
(01 Sep 2021)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - Barty | Valuation | Alesta , Keiretsu Forum Turkey |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Barty
Barty has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include Alesta, Keiretsu Forum Turkey and Geometry Venture Development. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage startups are funded by Geometry Venture Development.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Barty
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Barty
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Barty Comparisons
Competitors of Barty
Barty operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sahibinden, Craigslist, Zebramo, Aksaray ikinciel and GittiBu, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Serves as a horizontal listing platform for various products and services.
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| domain | founded_year | HQ Location |
Online classified forum
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| domain | founded_year | HQ Location |
Peer-to-peer mobile marketplace for fashionable items is facilitated.
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| domain | founded_year | HQ Location |
Functions as an online platform for buying and selling used products across multiple categories.
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| domain | founded_year | HQ Location |
Online marketplace platform offering used multi-category products
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Barty
When was Barty founded?
Barty was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Barty located?
Barty is headquartered in Istanbul, Turkey.
Is Barty a funded company?
Barty is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Sep 01, 2021.
What does Barty do?
Barty is managed as an innovative cross-swapping platform where users can exchange second-hand items without cash, using Barty Points. The platform is designed to facilitate trades across various categories, including electronics, sports equipment, books, and baby products. A machine learning-based valuation system is utilized to estimate item values, ensuring fair and fluid exchanges. Secure messaging and affordable shipping through partnerships are provided to enhance user experience. Barty operates in the second-hand market, promoting sustainability by extending the lifecycle of unused items and reducing environmental impact.
Who are the top competitors of Barty?
Barty's top competitors include Craigslist, Zebramo and GittiBu.
What products or services does Barty offer?
Barty offers Barty Platform.
Who are Barty's investors?
Barty has 12 investors. Key investors include Alesta, Keiretsu Forum Turkey, Geometry Venture Development, Dogukan Alan, and Sevi Bozoglu.