About Garaj Sepeti
Garaj Sepeti is a company based in Istanbul (Turkey) founded in 2017 by Serdar Temel and Emrah Sener was acquired by Kavak in June 2021.. Garaj Sepeti has raised $1.5 million across 2 funding rounds from investors including Kavak, Growth Circuit and John Health. Garaj Sepeti has completed 1 acquisition, including Araba.Com. Garaj Sepeti operates in a competitive market with competitors including Upstart, Reynolds and Reynolds, Tekion, CDK Global and Dealertrack, among others.
- Headquarter Istanbul, Turkey
- Founders Serdar Temel, Emrah Sener
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Software Development Team
28 people
Product Management Team
27 people
Data Analysis and Operations Team
14 people
Finance and Accounting
11 people
Human Resources and Administration
11 people
Legal and Compliance
8 people
Leadership Team
7 people
Operations Team
6 people
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Funding Insights of Garaj Sepeti
Garaj Sepeti has successfully raised a total of $1.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in January 2020. 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 2
- Last Round Series A — $1.5M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2020 | Amount | Series A - Garaj Sepeti | Valuation |
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| Mar, 2018 | Amount | Series A - Garaj Sepeti | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Garaj Sepeti
Garaj Sepeti has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Kavak, Growth Circuit and John Health. 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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Growth Circuit is engaged in supporting and funding startups.
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F+ Ventures is focused on investing in smart transportation technologies.
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Venture capital funding is provided by Finberg across multiple sectors.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Garaj Sepeti
Garaj Sepeti has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Araba.Com. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Multi-category vehicles are advertised online by individuals and traders.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Garaj Sepeti
| 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 |
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Garaj Sepeti Comparisons
Competitors of Garaj Sepeti
Garaj Sepeti 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 Upstart, Reynolds and Reynolds, Tekion, CDK Global and Dealertrack, 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 |
Diversified loans are provided via an AI-enabled online marketplace.
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| domain | founded_year | HQ Location |
Software and services for automotive dealership retailing are provided.
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| domain | founded_year | HQ Location |
AI and cloud-driven systems for auto dealership management are provided.
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| domain | founded_year | HQ Location |
Cloud-driven management systems for auto dealerships are provided.
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| domain | founded_year | HQ Location |
Dealership management solutions are provided for automotive dealers.
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| domain | founded_year | HQ Location |
Developer of an online P2P marketplace for used cars
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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 Garaj Sepeti
Frequently Asked Questions about Garaj Sepeti
When was Garaj Sepeti founded?
Garaj Sepeti was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Garaj Sepeti located?
Garaj Sepeti is headquartered in Istanbul, Turkey.
Is Garaj Sepeti a funded company?
Garaj Sepeti is a funded company, having raised a total of $1.5M across 2 funding rounds to date.
What does Garaj Sepeti do?
Garaj Sepeti was established in 2017 in Istanbul, Turkey, within the automotive sector. Operations focus on digital platforms for car owners and workshops, including an online classified portal for products and services, a car rental marketplace, a workshop management system, and an automotive content platform. Additional features encompass online marketing tools, spare parts inquiries, customer communication channels, and enterprise data services.
Who are the top competitors of Garaj Sepeti?
Garaj Sepeti's top competitors include Upstart, Reynolds and Reynolds and Seez.
How many acquisitions has Garaj Sepeti made?
Garaj Sepeti has made 1 acquisition, including Araba.Com.
Who are Garaj Sepeti's investors?
Garaj Sepeti has 9 investors. Key investors include Kavak, Growth Circuit, John Health, Mustafa Joy, and Mustafa Vardar.
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