Fundz

Shuttlers Raises $4M To Fuel Its Shared Mobility Solution Across Nigeria

PRIVATEApr 04, 2023

Amount Raised

$4 Million

Round Type

Seed

LagosSoftwareMobile

Investors

Echo VcAlsaCmc 21She EquityVested WorldVerod Kepple Africa Ventures

Description

Shuttlers, a Nigerian shared mobility company that allows individual and corporate passengers to take rides on multiple bus routes via an app, has raised $4 million in a new funding round led by Verod-Kepple Africa Ventures (VKAV), a Pan-African focused venture capital firm.

Quick answer

Shuttlers raised $4 Million in a Seed round, dated April 4, 2023. Investors: Echo Vc, Alsa, Cmc 21, She Equity, Vested World and Verod Kepple Africa Ventures. Shuttlers is based in Lagos, Lagos State, Nigeria.

How much did Shuttlers raise?
Shuttlers raised $4 Million in a Seed round on April 4, 2023.
Who invested in Shuttlers?
Echo Vc, Alsa, Cmc 21, She Equity, Vested World and Verod Kepple Africa Ventures are named as investors in this round.
What does Shuttlers do?
Shuttlers is a platform that enables professionals access efficient shared-transportation in Lagos Metropolis.
Where is Shuttlers based and how big is it?
Shuttlers is based in Lagos, Lagos State, Nigeria.
Who are the decision-makers at Shuttlers?
Fundz holds 1 contact at Shuttlers. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mobile and Software around the same time

Companies in the same sectors as Shuttlers that raised within 45 days of this round, from Fundz verified event records.

  • Shein raised $2B (Funding Round) on May 17, 2023.
  • Telgorithm Inc. raised $937K (Seed) on May 15, 2023.
  • Pocket FM raised $16M (Debt Financing) on May 2, 2023.
  • Blackbird.AI raised $27M on April 25, 2023.
  • Perpetual Industries raised $20K (Series A) on April 10, 2023.
  • VersusGame raised $10M on April 3, 2023.

Who to call at Shuttlers, and when

A new round usually means Shuttlers is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Shuttlers raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Shuttlers, from your own LinkedIn network

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Company Information

Company

Shuttlers

Location

Lagos, Lagos State, Nigeria

About

Shuttlers is a platform that enables professionals access efficient shared-transportation in Lagos Metropolis. We help transform the stressful time commuting to and from work into a productive, refreshing and relaxing experience. With Shuttlers App, Professionals can book a seat on a route, pay for seat and track arrival of their shuttles. Our goal is to help you commute to work and back home in the most comfortable, safe, fun and affordable way possible. Passengers shuttle in air conditioned buses. Each route has been designed and customized to suit your commuting needs.

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Fundz sees it the moment Shuttlers raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Shuttlers raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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