When was erguvan founded?

erguvan was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Where is erguvan located?

erguvan is headquartered in Istanbul, Turkey.

Who is the current CEO of erguvan?

Baris Balat of erguvan. They have also founded 1 company.

How many employees does erguvan have?

As of Mar 31, 2026, the latest employee count at erguvan is 61.

Is erguvan a funded company?

erguvan is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Aug 07, 2023.

How much is erguvan worth?

The latest valuation of erguvan is $***** as of Aug 07, 2023.

When was the latest funding round of erguvan?

erguvan's latest funding was a $***** Seed round on Aug 07, 2023, with participation from 2 investors.

Where does erguvan rank among its competitors?

erguvan ranks 115th amongst 523 active competitors, of which 127 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Greenspark, which secured $9.4M in Jan, 2024.

Who are the top competitors of erguvan?

erguvan's top competitors include Indigo, Klima and Carbon Direct. Among them, Greenspark secured the most recent funding round in January, 2024.

erguvan - 2026 Company Profile, Team, Funding & Competitors

Company Details

Marketplace for carbon credits and renewable energy certificates trading. It provides solutions to store carbon credits without incurring registry costs, create tenders to fulfill specific buying needs, monitor prices, supply, and demand in the voluntary carbon market, and more.

Website: www.erguvan.co/en
Social
Email ID: *****@erguvan.co
Phone Number: +90 **********

Key Metrics

Founded Year

2021

Location

Istanbul, Turkey

Stage

Seed

Latest Funding Round

Seed, Aug 07, 2023, $*****

Post Money Valuation

$***** as on Aug 07, 2023

Investors

Emirates NBD & 1 more

Ranked

115^th among 523 active competitors

Employee Count

61 as on Mar 31, 2026

Similar Companies

Klima & 471 more

View erguvan's full profile

erguvan has raised funding over 1 round. Its latest funding round was a Seed round on Aug 07, 2023 for $*****. 2 investors participated in its latest round. erguvan has 2 institutional investors.

Here is the list of recent funding rounds of erguvan:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 07, 2023	3598260	Seed	5512854	5261446	9017450	2963013

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View details of erguvan's funding rounds and investors

The founders of erguvan are Eyuphan Koc and Baris Balat. Baris Balat is the CEO of erguvan.

Here are the details of erguvan's key team members:

Eyuphan Koc: Co-Founder of erguvan.
Baris Balat: Co-Founder and CEO of erguvan.

View details of erguvan's Founder profiles and Board Members

erguvan's employee count trend

erguvan has 61 employees as of Mar 26. Here is erguvan's employee count trend over the years:

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Top competitors of erguvan include Indigo, Klima and Carbon Direct. Here is the list of Top 10 competitors of erguvan, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Indigo 2013, Boston (United States), Series G	Provider of biological and sustainability solutions for the agriculture industry	$1.4B	Flagship Pioneering, Baillie Gifford & 26 others	78/100
2nd	Klima 2019, Berlin (Germany), Series A	Provider of solutions to calculate carbon footprint	$16.7M	Keen Venture Partners, e.ventures & 11 others	67/100
3rd	Carbon Direct 2019, New York (United States), Series C	Provider of science-backed carbon management solutions for emission reduction and removal	$60.8M	Decarbonization Partners, Quantum Capital ... & 2 others	65/100
4th	Pachama 2018, Sausalito (United States), Acquired	Develops technological solutions for the protection and restoration of the forests	$88.2M	Breakthrough Energy, T.Capital & 50 others	65/100
5th	ClimeCo 2011, Boyertown (United States), Series A	Provider of environmental project development and management services	$50M	Warburg Pincus, The Heritage Group	63/100
6th	Supercritical 2021, Sevenoaks (United Kingdom), Series A	Operator of a marketplace for sourcing and managing carbon removal credits	$18.7M	Lightspeed Venture Partners, RTP Global & 18 others	61/100
7th	Abatable 2021, London (United Kingdom), Series A	Online platform to calculate and offset the carbon footprint	$16.6M	Azora, Global Founders Capital & 6 others	61/100
8th	Greenspark 2020, Deal (United Kingdom), Series A	SaaS-based platform to offset the carbon footprint	$11.2M	bbvapanama.com, Third Prime & 21 others	60/100
9th	Klimate 2020, Copenhagen (Denmark), Seed	Offering solutions to calculate and offset the carbon footprint	$4.68M	Eneco, Helen Ventures & 5 others	60/100
10th	Isometric 2022, London (United Kingdom), Seed	Online platform offering carbon offset solutions	$25M	Lowercarbon Capital, Plural & 10 others	59/100
115th	erguvan 2021, Istanbul (Turkey), Seed	Marketplace for carbon credits and renewable energy certificates trading	-	Emirates NBD, Deniz Ventures	33/100