About MARTI
MARTI is a company based in Istanbul (Turkey) founded in 2018 by Alper Oktem. MARTI has raised $27 million across 3 funding rounds from investors including EBRD VCIP, Endeavor and Wamda Capital. MARTI has completed 1 acquisition, including Zoba. MARTI operates in a competitive market with competitors including BinBin, Biri, HOP! Scooter, ETKU and HEY SCOOTER, among others.
- Headquarter Istanbul, Turkey
- Founders Alper Oktem
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
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Social
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Annual Revenue
$18.66 M (USD)-6.84as on Dec 31, 2024
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Net Profit
-$73.88 M (USD)-118.49as on Dec 31, 2024
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EBITDA
-$54.57 M (USD)-220.45as on Dec 31, 2024
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Total Equity Funding
$27 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
EBRD VCIP
& 3 more
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Employee Count
Not available
- Investments & Acquisitions
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People of MARTI
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Funding Insights of MARTI
MARTI has successfully raised a total of $27M across 3 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.
Investors in MARTI
MARTI has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include EBRD VCIP, Endeavor and Wamda Capital.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage tech investments are made in Europe and Asia.
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Locked | Locked | Locked | |
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Endeavor is focused on supporting high-impact entrepreneurs globally.
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Locked | Locked | Locked | |
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Tech & Offline focused VC firm investing in seed & growth stage startups in the US & UAE
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Locked | Locked | Locked |
Investor details for MARTI
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Investments & Acquisitions by MARTI
MARTI has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zoba.
Investment portfolio details for MARTI
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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An AI-powered platform for geospatial analytics is provided by Zoba.
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Locked | Locked | 2016 | Locked |
Complete acquisition details for MARTI
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - MARTI
Detailed financials for MARTI
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Marti Comparisons
Peer comparison for MARTI
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Competitors of MARTI
MARTI 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 BinBin, Biri, HOP! Scooter, ETKU and HEY SCOOTER, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Electric kick scooter rentals are facilitated via a mobile app.
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Provides an app-based rental platform for self-driving electric kick scooters.
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Electric kick scooters are rented through a mobile application.
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An app-based platform for renting electric-kick scooters, promoting convenient urban mobility.
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App-based service for renting electric scooters in urban areas.
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Detailed competitors of MARTI
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Latest news on Marti
Complete news archive for MARTI
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Frequently Asked Questions about MARTI
MARTI was founded in 2018 and raised its 1st funding round 1 year after it was founded.
MARTI is headquartered in Istanbul, Turkey.
Alper Oktem is the current CEO of MARTI. They have also founded this company.
MARTI is a funded company, having raised a total of $27M across 3 funding rounds to date.
Annual revenue of MARTI is $18.66M as on Dec 31, 2024.
MARTI was founded in 2018 in Istanbul, Turkey, within the mobility technology sector. Ride-hailing operations are managed through an app that provides multiple transportation choices, including scooters. Nearby vehicles are located and booked by users scanning QR codes. Rentals are completed by submitting location data, personal details, and payment information, supporting urban mobility needs.
MARTI's top competitors include BinBin, HOP! Scooter and Biri.
MARTI has made 1 acquisition, including Zoba.
MARTI has 4 investors. Key investors include EBRD VCIP, Endeavor, Wamda Capital, and 212.