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Armut

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Turkish products online marketplace for local services

Istanbul, TürkiyeFounded 2011eCommerce & Marketplaces
Valuation $50–100M Last recorded · 2022
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Armut and the history behind them.

About Armut

Armut Teknoloji A.Ş., operating as Armut.com, is a Turkish online marketplace for local services, founded in November 2011 by Başak Tanpınar Değim and Erol Değim. The idea for the company was born from Başak's personal frustration in finding reliable service professionals. Her professional background includes roles at notable companies like Coca-Cola, Revlon, and Nielsen, while Erol's experience includes time at UBS and the Boston Consulting Group. This blend of marketing and strategic experience helped shape Armut's foundation.

The company functions as a multi-sided platform connecting individuals and businesses with service professionals across more than 4,000 categories, with a strong focus on home improvement, cleaning, moving, and repairs. For consumers, the platform simplifies the process of finding and hiring vetted professionals by allowing them to post a job, receive multiple quotes, compare provider profiles, and read verified customer reviews. For service providers, who are often freelancers or small businesses, Armut serves as a channel for finding customers and growing their operations. The platform's user base has grown to include over 700,000 service professionals.

Armut's business model is twofold. The primary model is a pay-per-lead system, where service professionals are charged a fee to send a quote to a potential customer and pay a commission upon being hired for the job. The platform also utilizes a 'Book-Now' model for standardized, fixed-price services like home cleaning, where customers can book and pay for a service directly for a specific date and time. In September 2022, Armut merged with its Italian counterpart, ProntoPro, and raised €15 million to solidify its market presence in Europe, the Middle East, and Africa. Following the merger, the combined entity operates in 14 countries under three brands, including Armut and its international brand, HomeRun.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2011
Headquarters
Istanbul, Türkiye
Employees
311
Open positions
3
Dealroom signal
86.2/100
Industry
Home Living
Sector
eCommerce & Marketplaces, Peer-to-Peer, Home Improvement, Real Estate Services, horizontal marketplaces
Business model
Marketplace & ecommerce
Client focus
b2c
Investment activity
1 company, latest Sep 2022
Capital deployed
—
Preferred round
ACQUISITION

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Sep 2022 $15M $60M Undisclosed ↗
ACQUISITION✓Exit Sep 2022 $0 — ProntoPro ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Armut website traffic

Latest recorded traffic for Armut is 4.2M monthly website visits, up 13.5% over the last three months. Armut's team grew 54% over the past year.

Latest monthly visits4.2M 3-month web change+13.5% 1-year team growth+54%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

Other known investors2 additional known investors

  • ProntoPro
  • Big Bang Ventures
Team profiled 17 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇹🇷 Turkey87.8%
🇮🇹 Italy1.8%
🇬🇧 United Kingdom0.5%
🇶🇦 Qatar0.5%
🇩🇪 Germany0.5%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Armut on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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