Investment to TIRPORT from Hedef Girisim Fund

Tırport, which has become Turkey’s largest logistics marketplace and SaaS logistics service provider, is also supported by Hedef Venture Capital Investment Trust A.Ş., one of Turkey’s leading venture capital funds. A total of 17.5 million TL convertible funds were provided from a 300 million TL valuation.

Tırport, which has become Turkey’s largest logistics marketplace and SaaS logistics service provider in 3 years, serving from all digital platforms (iOS, Android, web) with the enhanced intelligence-supported technologies it has developed, is also one of Turkey’s important venture capital funds, Hedef Venture Capital Investment. Partnership Inc. A total of 17.5 million TL convertible funds were provided from a 300 million TL valuation.

Ranked among the top 10 logistics technologies and suppliers in the world in global technology indexes, like Crunchbase, Tırport operates in 7 countries in 6 languages and serves nearly 100 thousand member truckers, over 3,000 SMEs, and leading logistics companies and manufacturers. As of 2023, Tırport is preparing to turn its direction towards Europe, the Central Logistics Corridor and South Asia. Aiming to be one of the most important digital marketplaces of the central and southern logistics corridor stretching from Eastern Europe to China, Tırport plans to host 1.5 million truckers in this region.

Noting that Tırport has received and will continue to receive investments from domestic and global investors, Tırport Chairman of the Board Dr. Akin Arslan said:

“We are in a period of rapid growth. As Tırport, we received investment from Re-Pie and European investment group Encore at the beginning of 2022. Re-Pie, one of the most notable investment groups of recent times, was one of the first investors of Getir, one of Turkey’s first decacorns. At the end of June, we signed a cooperation agreement with KPMG, one of the world’s leading consulting companies, to bring together Tirport technologies in the field of logistics with KPMG customers and to create solutions that will create value together. Tirport will continue to be the apple of the eye of domestic and global investors in logistics.” said.

Pointing to the logistics advantage of our country due to our geography, Tırport Chairman of the Board Dr. Akin Arslan said:

“About 55% of Turkey’s exports are made to Europe. With the last global supply crisis, Turkey’s importance has increased even more. A container of goods that cannot travel from China to Europe in 12 weeks can travel from Turkey to Europe’s most extreme destinations in just 5 days. On the Europe-Turkey line, where there is a movement of approximately 5 thousand trucks every day, suitable and reliable trucks can meet with cargo owners at the right time, in the right place, in a pre-programmed manner, with the help of artificial-intelligence supported Tırport technologies. As of the second half of 2023, Tırport will organize smart matched FTL, LTL and Partial operations on the Europe-Turkey line for hundreds of trucks every day. As Tırport, we will both prevent millions of dollars in foreign currency loss and contribute to the prevention of thousands of tons of CO2 that will be released into the nature by bringing together thousands of trucks that had to go to Europe and return empty because they could not organize their return load on time.” he said.

Underlining that Turkey has the largest truck market in Europe, Tirport President Dr. Akın Arslan continued his speech as follows:

“In Turkey, which has Europe’s largest truck market, more than 550 thousand trucks/TIRs, 90% of which are privately owned, carry commercial cargo on the roads. It receives an average of 450 thousand trucks per day. In the market, freight payments of 80 million dollars are made per day. As Tırport, which has become Turkey’s largest digital platform by far, we manage more than 4,500 FTL operations per day, including abroad, with a team of approximately 80 people. As Tırport, we aim to reach 250 thousand member truckers in 3 years, to manage more than 30 thousand transports per day, and to carry out at least 5 thousand transports per day on spot.” he said.

Source: Teknotalk