Marti Technologies, Inc. Class A Ordinary Shares
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About
Marti Technologies (MRT) is a Turkish technology company based in Istanbul that is best known for providing a wide array of urban mobility services through its mobile application. Founded in 2018, the company operates as a comprehensive platform for on-demand urban transportation within its primary market of Turkey.
The company’s core business involves offering multiple transportation options within a single app. This includes a ride-hailing service that connects customers with drivers across different vehicle types, including cars, motorcycles, and licensed taxis. Beyond car-based services, Marti also directly operates a shared fleet of light electric vehicles, such as electric mopeds, electric bicycles, and electric scooters, for short-distance trips.
Marti Technologies generates revenue primarily from fares paid by users for these transportation services. Its strategy focuses on serving the dense urban transportation needs in Turkish cities, positioning itself as a multi-modal solution that leverages technology to coordinate various forms of transit. The company's operations are entirely tech-driven, relying on its proprietary mobile application for service access, payment processing, and fleet management.