About Shttle
Shttle is a company based in Riyadh (Saudi Arabia) founded in 2019. Shttle has raised $998.61 thousand across 1 funding round from investors including Impact46. Shttle operates in a competitive market with competitors including RedBox, among others.
- Headquarter Riyadh, Saudi Arabia
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$998.61 K (USD)
in 1 rounds
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Latest Funding Round
$998.61 K (USD), Seed
Dec 21, 2021
- Investors
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Employee Count
Not available
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Funding Insights of Shttle
Shttle has successfully raised a total of $998.61K through 1 strategic funding round. The most recent funding activity was a Seed round of $998.61 thousand completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Shttle
Shttle has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Impact46.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on seed and growth investments
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Locked | Locked | Locked |
Investor details for Shttle
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Investments & Acquisitions by Shttle
Investment portfolio details for Shttle
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Financial Statements - Shttle
Detailed financials for Shttle
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Shttle Comparisons
Peer comparison for Shttle
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Competitors of Shttle
Shttle operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RedBox, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Smart lockers are provided for secure parcel reception and collection.
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Detailed competitors of Shttle
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Latest news on Shttle
Complete news archive for Shttle
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Frequently Asked Questions about Shttle
Shttle was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Shttle is headquartered in Riyadh, Saudi Arabia.
Shttle is a funded company, having raised a total of $998.61K across 1 funding round to date.
Shttle was founded in 2019 in Riyadh, Saudi Arabia, within the logistics and access control sector. Connected locks and keys are supplied for secured entry management. A platform is maintained for users to handle delivery services through parcel lockers. Operations encompass order tracking, returns processing, and shipping oversight, supporting efficient parcel distribution in the region.
Shttle's top competitors include RedBox.
Shttle has 1 investor. Key investors include Impact46.