About Evreka
Evreka is a company based in Cankaya (Turkey) founded in 2014 by Mert Barutcu. It operates as a SaaS (Software-as-a-Service), and Managed Services. Evreka has raised $3.19 million across 4 funding rounds from investors including Driventure, LogoVentures and TechOne Venture Capital. Evreka offers products and services including EvrekaCommercial, Fleet Management, and Route Optimization. Evreka operates in a competitive market with competitors including Rubicon, AMCS, Enevo, Bigbelly Solar and ServiceCore, among others.
- Headquarter Cankaya, Turkey
- Founders Mert Barutcu
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Sectors
TechnologyEnvironment
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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
$3.19 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Driventure
& 7 more
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Employee Count
Employee Count
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Products & Services of Evreka
Evreka offers a comprehensive portfolio of products and services, including EvrekaCommercial, Fleet Management, and Route Optimization. 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.
AI-powered platform for streamlined B2B waste service delivery.
Real-time tracking and analysis for fleet cost efficiency.
Efficient route planning to maximize profits in operations.
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Funding Insights of Evreka
Evreka has successfully raised a total of $3.19M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(03 Mar 2017)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2024 | Amount | Series A - Evreka | Valuation | Driventure |
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| Jan, 2022 | Amount | Seed - Evreka | Valuation |
investors |
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| Jan, 2019 | Amount | Seed - Evreka | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Evreka
Evreka has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Driventure, LogoVentures and TechOne Venture Capital. 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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Venture capital investments are made in mobility-focused startups by Driventure.
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Founded Year | Domain | Location | |
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Limited information is provided about LogoVentures' activities.
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Founded Year | Domain | Location | |
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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 Evreka
| 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 - Evreka
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Evreka Comparisons
Competitors of Evreka
Evreka 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 Rubicon, AMCS, Enevo, Bigbelly Solar and ServiceCore, 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 |
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| domain | founded_year | HQ Location |
Waste and recycling solutions are provided by Rubicon nationwide.
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| domain | founded_year | HQ Location |
Cloud-based ERP solutions are provided for waste management and recycling.
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| domain | founded_year | HQ Location |
Waste management solutions are delivered via sensors and analytics software.
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| domain | founded_year | HQ Location |
Smart solar-powered waste bins are provided for real-time collection management.
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| domain | founded_year | HQ Location |
Cloud based enterprise resource planning software provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Evreka
Frequently Asked Questions about Evreka
When was Evreka founded?
Evreka was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Evreka located?
Evreka is headquartered in Cankaya, Turkey. It is registered at Cankaya, Ankara, Turkey.
Is Evreka a funded company?
Evreka is a funded company, having raised a total of $3.19M across 4 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Mar 03, 2017.
What does Evreka do?
Evreka is established as a prominent provider of smart waste management solutions globally. Comprehensive recycling and waste management platforms are offered to support sustainability goals across various industries. Customizable solutions are provided for end-to-end waste management processes, focusing on circular economy growth. Sectors such as recycling, medical waste, and construction are served with advanced technologies. Operational excellence is achieved through digital tools like EvrekaCommercial and Fleet Management. Sustainability as a Service vision is integrated into all offerings to transform waste into value.
Who are the top competitors of Evreka?
Evreka's top competitors include AMCS, Rubicon and GreenSpark.
What products or services does Evreka offer?
Evreka offers EvrekaCommercial, Fleet Management, and Route Optimization.
Who are Evreka's investors?
Evreka has 8 investors. Key investors include Driventure, LogoVentures, TechOne Venture Capital, Teknoloji Yatırım, and Fark Labs.
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