Shuttle is a mass-transit startup based in Bangladesh that aims to revolutionize transportation by providing safe and affordable transit solutions. Established in 2018, Shuttle operates in the B2B, Information Technology, Logistics, and Transportation sectors, catering to a diverse range of customers. With its recent $1.50M Seed Round investment secured on 20 December 2022, the company has garnered support from prominent investors including Accelerating Asia, Startup Bangladesh Limited, Bangladesh Angels, and South Asia Tech Partners. Shuttle's mission is to optimize mass transit by efficiently moving more people with fewer vehicles. Its innovative approach and commitment to safety have positioned the startup as an attractive investment opportunity. As it continues to expand its presence in Bangladesh and potentially beyond, Shuttle promises to contribute significantly to the evolution of the transportation industry. With prominent backers and a clear vision for the future, Shuttle is poised to make a meaningful impact on the mass transit sector, presenting a compelling opportunity for venture capitalists seeking to invest in disruptive and scalable ventures.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | $1.50M | 4 | 20 Dec 2022 | |
Seed Round | $750.00K | 4 | Robi Axiata | 01 Jun 2021 |
Grant | Unknown | 1 | 11 Mar 2021 | |
Seed Round | SGD50.00K | 1 | 08 Sep 2020 | |
Seed Round | $410.00K | 1 | Robi Axiata | 25 Jan 2019 |