# PrimaryDoor Gayrimenkul Danismanlik ve Pazarlama AS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/primarydoor-gayrimenkul-danismanlik-ve-pazarlama

- Industry: Internet
- Headquarters: Istanbul, Turkey
- Website: www.evtiko.com
- Total disclosed funding: $8.5M
- Latest round: Seed (May 30, 2017)
- Investors on record: 5

## About

PrimaryDoor Gayrimenkul Danismanlik ve Pazarlama AS specializes in innovative real estate solutions, enhancing property transactions through technology-driven services. Their digital platform facilitates efficient buying and selling experiences for clients in Spain and Turkey.Founded in 2016 in Istanbul, Turkey, PrimaryDoor Gayrimenkul Danismanlik ve Pazarlama AS operates in the Proptech sector, focusing on revolutionizing real estate transactions. The company raised USD 4.2 million in Seed funding on May 30, 2017, from investors including Global Founders Capital and Rocket Internet SE. This investment marks the second deal for the firm, consolidating its position in the market.Evtiko is a leading player in the Proptech sector, offering innovative real estate solutions that leverage advanced technology to enhance the property buying and selling experience. The company's core offerings include a sophisticated digital platform that utilizes artificial intelligence-driven algorithms to provide real-time property valuations and facilitate immediate offers for sellers, eliminating the need for in-person visits. This technology is designed to streamline the transaction process for both buyers and sellers, addressing pain points such as transparency, speed, and ease of use in real estate transactions. Evtiko operates primarily in Spain and Turkey, providing services to a diverse client base that includes individual homeowners looking to sell properties, as well as potential buyers seeking efficient purchasing solutions. The company's operations in Spain are conducted under the Tiko brand, which is recognized for its commitment to transforming traditional real estate practices.Evtiko generates revenue through its innovative real estate transaction model, which encompasses both direct-to-consumer sales and business-to-business partnerships. The company engages clients by offering instant offers for property sales, where homeowners can receive competitive bids within 24 hours, facilitated by its AI technology. This model not only caters to individual sellers but also positions the company strategically in the real estate market, allowing for scalability. Evtiko's pricing structure is designed to ensure value for clients, though specific pricing details for its services are not publicly disclosed. The company's flagship offerings, primarily centered around its automated valuation tool and instant offer system, contribute to a streamlined and efficient real estate transaction process that benefits both buyers and sellers across its operational regions.Looking ahead, PrimaryDoor Gayrimenkul Danismanlik ve Pazarlama AS aims to expand its technology offerings and enhance its market presence. The recent Seed funding of USD 4.2 million, secured in May 2017, will be directed towards developing new products that leverage artificial intelligence for improved customer interactions and efficiency in property transactions. The company plans to explore further expansion into additional markets in Europe and the Middle East by 2024, focusing on increasing its client base and service reach.

## Funding rounds

- Seed, May 30, 2017, $4.2M — b2venture, Rocket Internet SE, Global Founders Capital
- Seed, Oct 1, 2016, $4.3M — TA Ventures, b2venture, Rocket Internet SE, Global Founders Capital, Inventures

## Investors

- TA Ventures (https://capitalatlas.ai/funds/ta-ventures) — Seed
- b2venture (https://capitalatlas.ai/funds/b2venture) — Seed
- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Inventures (https://capitalatlas.ai/funds/inventures) — Seed