Shuttle

About

Shuttle allows individuals and businesses to book seats in sedans for convenient and affordable daily commutes.

Dhaka,Dhaka,Bangladesh
51 - 100
http://www.shuttlebd.com

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $1.50M
Industries: B2B,Information Technology,Logistics,Supply Chain Management,Transportation
Founded date: Apr 14, 2018
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Shuttle Technologies Ltd.

Shuttle is a mass-transit startup that provides safe transportation at an affordable fare by moving more people with fewer vehicles and caters to both B2B and B2C customers. The startup also has B2B offerings that allow companies to provide daily commutes for their employees.

Shuttle was founded in 2018 and is headquartered in Dhaka, Bangladesh.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$2.78M S$50K

Shuttle has raised a total of $2.78M S$50K in funding over 2 rounds. Their latest funding was raised on Dec 20, 2022 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 20, 2022	Seed	$1.50M	4	South Asia Tech Partners	—	Detail
Jun 1, 2021	Seed	$750K	4	Accelerating Asia	—	Detail
Mar 11, 2021	Grant	—	1	Biniyog Briddhi	—	Detail
Sep 8, 2020	Seed	S$50K	1	Accelerating Asia	—	Detail
Jan 25, 2019	Seed	$410K	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

8

Shuttle is funded by 8 investors. South Asia Tech Partners and Biniyog Briddhi are the most recent investors.

Investor Name	Lead Investor	Funding Round
South Asia Tech Partners	Yes	Seed
Biniyog Briddhi	Yes	Grant
Accelerating Asia	—	Seed
Bangladesh Angels	—	Seed
Startup Bangladesh Limited	—	Seed
Impact Collective	—	Seed
Robi Axiata Limited	—	Seed
SBK Tech Ventures	—	Pre-seed