Shuttl Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 210

Employees

  • Latest Deal Type
  • M&A

Shuttl General Information

Description

Developer of an office commute application intended to make daily traveling more convenient. The company's app offers bus booking services at affordable flat prices with seat reservation features and air conditioning, enabling travelers to reach their destinations comfortably without standing in long lines.

Contact Information

Website
ride.shuttl.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 610, B-3/B-4, Spaze iTech Park
  • Sector-49, Sohna Road
  • Gurgaon, Haryana 122018
  • India
+91 011
Primary Industry
Automotive
Other Industries
Other Services (B2C Non-Financial)
Application Software
Parent Company
Chalo
Vertical(s)
Mobility Tech, Industrials, TMT, Mobile
Corporate Office
  • 610, B-3/B-4, Spaze iTech Park
  • Sector-49, Sohna Road
  • Gurgaon, Haryana 122018
  • India
+91 011

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Shuttl Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Merger/Acquisition 26-Oct-2021 Completed Generating Revenue
8. Accelerator/Incubator Completed Generating Revenue
7. Later Stage VC (Series C) 17-Feb-2020 Completed Generating Revenue
6. Early Stage VC (Series B1) 12-Apr-2019 Completed Generating Revenue
5. Debt - General 17-Jan-2019 Completed Generating Revenue
4. Early Stage VC 23-Oct-2018 Completed Generating Revenue
3. Early Stage VC (Series B) 30-Jul-2018 Completed Generating Revenue
2. Early Stage VC (Series A) 04-Dec-2015 $25.3M $28.3M Completed Generating Revenue
1. Seed Round 01-Aug-2015 $3.04M $3.04M Completed Generating Revenue
To view Shuttl’s complete valuation and funding history, request access »

Shuttl Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Preference
Preference
Series B3
Series B2
Ordinary
Series B
Ordinary
Series A1
Series A 6,854 $0.140029 $135.06 $135.06 1x $135.06 1.42%
Ordinary 58 $0.140029 $501.74 $501.74 1x $501.74 0.01%
To view Shuttl’s complete cap table history, request access »

Shuttl Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an office commute application intended to make daily traveling more convenient. The company's app offers bu
Automotive
Gurgaon, India
210 As of 2024

Hyderabad, India
 

Boston, MA
 
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Shuttl Competitors (9)

One of Shuttl’s 9 competitors is EasyCommute, a Accelerator/Incubator Backed company based in Hyderabad, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
EasyCommute Accelerator/Incubator Backed Hyderabad, India
Zipcar Formerly VC-backed Boston, MA
Cityflo Private Equity-Backed Thane, India
Chalo Venture Capital-Backed Navi Mumbai, India
Zingbus Venture Capital-Backed Gurugram, India
You’re viewing 5 of 9 competitors. Get the full list »

Shuttl Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Shuttl Former Investors (29)

Investor Name Investor Type Holding Investor Since Participating Rounds
6ixth Event Venture Capital Minority
AdvantEdge Founders Venture Capital Minority
Amazon Alexa Fund Corporate Venture Capital Minority
Amazon.com Corporation Minority
Angel (individual) Minority
You’re viewing 5 of 29 investors. Get the full list »

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Shuttl FAQs

  • When was Shuttl founded?

    Shuttl was founded in 2015.

  • Where is Shuttl headquartered?

    Shuttl is headquartered in Gurgaon, India.

  • What is the size of Shuttl?

    Shuttl has 210 total employees.

  • What industry is Shuttl in?

    Shuttl’s primary industry is Automotive.

  • Is Shuttl a private or public company?

    Shuttl is a Private company.

  • What is Shuttl’s current revenue?

    The current revenue for Shuttl is .

  • How much funding has Shuttl raised over time?

    Shuttl has raised $111M.

  • Who are Shuttl’s investors?

    6ixth Event, AdvantEdge Founders, Amazon Alexa Fund, Amazon.com, and are 5 of 29 investors who have invested in Shuttl.

  • Who are Shuttl’s competitors?

    EasyCommute, Zipcar, Cityflo, Chalo, and Zingbus are some of the 9 competitors of Shuttl.

  • When was Shuttl acquired?

    Shuttl was acquired on 26-Oct-2021.

  • Who acquired Shuttl?

    Shuttl was acquired by Chalo.

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