Armut
AcquiredTurkey's leading local services marketplace
Istanbul, Turkey · Founded 2011
- Headquarters
- Istanbul, Istanbul
- Employees
- 51–200
- Founded
- 2011
- Business Model
- Marketplace
- Website
- armut.com
- Last Round
- Series AMay 2016
- Rounds
- 2
- Acquisition Date
- Sep 2022
About
Armut is Turkey's leading online marketplace for local services, connecting individuals and businesses with trusted professionals for home improvement, moving, cleaning, and other household services. Founded in 2011 in Istanbul, Armut operates in 8 countries across the EMEA region under two brands — Armut in Turkey and HomeRun internationally — and expanded further by merging with Italian marketplace ProntoPro in 2022, raising €15 million in the process. With over 2 million service professionals on its platform, Armut is one of the fastest-growing local services marketplaces in Europe, the Middle East, and Africa.
Summary
Armut is an E-Commerce company based in Istanbul, Turkey, founded in 2011. Its most recent funding was a Series A round in May 2016. Investors include Hummingbird Ventures and AddVenture.
Tech & App Stack
4 technologies & apps tracked
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Funding & Exit History
Sep 2022
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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