Octovan

Octovan

Online platform that brings together reliable movers and customers to provide fixed price home and partial moving services at a reasonable price.

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Series A
Total Funding000k

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% growth-59 %
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More about Octovan
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Octovan, established in 2017 by co-founders Erhan Gunes and Sadikcan Kamiloglu, operates as a technology-driven marketplace in the Turkish logistics sector. Headquartered in Sisli, Istanbul, the company was conceived to address inherent inefficiencies within the traditional moving and freight industry, such as opaque pricing and unreliable service. Gunes, who also serves as the CEO, brings a strong background in business development to the venture.

The company's business model is centered on a digital platform that connects both individual (B2C) and business (B2B) clients with a vetted network of professional moving and transportation companies. For its B2C segment, Octovan offers home moving, office relocation, and partial goods transport services through an app-based interface. This system provides users with transparent, upfront pricing, eliminating hidden fees and allowing them to select services based on their specific needs and budget. Key features for the consumer market include real-time tracking of shipments and a customer review system to ensure service quality.

In January 2022, the company expanded its portfolio with the launch of Octovan Express, a service tailored for the B2B e-commerce market. This division specializes in the logistics of large-volume items (over 30 decimeters), offering same-day delivery, scheduled appointments, and photographic delivery confirmation. Octovan Express serves major e-commerce marketplaces and retailers like Trendyol, N11, and Arçelik, addressing a competitive gap in large product transportation. The service boasts an average delivery time of 8.5 hours in Istanbul and guarantees delivery within 24 hours in-city. A strategic partnership with Dinçer Lojistik leverages Dinçer's operational network with Octovan's technology infrastructure, aiming to expand this XL delivery service across all 81 provinces in Turkey and eventually internationally.

Since its inception, Octovan has secured funding to fuel its growth, including a seed round of $629K on September 19, 2022, led by Vinci Venture Capital. In total, the company has raised approximately $2.56 million from investors including Arz Portfoy, Cross Ocean Ventures, and Geometry Venture Development.

Keywords: logistics marketplace, freight transportation, home moving services, office relocation, e-commerce logistics, B2B delivery, last-mile delivery, large-item shipping, Turkey logistics, digital freight, moving platform, on-demand transport, Octovan Express, Erhan Gunes, same-day delivery, transparent pricing, transportation technology, vetted movers, furniture delivery, white goods logistics

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