About Shutl
Shutl is a company based in London (United Kingdom) founded in 2008 was acquired by eBay in October 2013.. Shutl has raised $10.24 million across 8 funding rounds from investors including eBay, United Parcel Service and Headline. The company has 25 employees as of September 30, 2019. Shutl operates in a competitive market with competitors including Gopuff, DeliveryApp, Pedal Me, Peyk and Coyote Logistics, among others.
- Headquarter London, United Kingdom
- Employees 25 as on 30 Sep, 2019
- Stage Minicorn
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Shutl Limited
-
Annual Revenue
$32.86 M (USD)-30as on Dec 31, 2019
-
Net Profit
$410.03 K (USD)-92as on Dec 31, 2019
-
EBITDA
-
Total Equity Funding
$10.24 M (USD)
in 8 rounds
-
Latest Funding Round
$247 K (USD), Series A
Nov 06, 2013
-
Investors
eBay
& 5 more
-
Employee Count
25
as on Sep 30, 2019
-
Acquired by
eBay
(Oct 22, 2013)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Shutl
Shutl has successfully raised a total of $10.24M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $247 thousand completed in November 2013. 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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series A — $247,000
-
First Round
First Round
(24 Dec 2009)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2013 | Amount | Series A - Shutl | Valuation |
investors |
|
| Aug, 2013 | Amount | Series A - Shutl | Valuation |
investors |
|
| Oct, 2012 | Amount | Series A - Shutl | Valuation | Headline , Notion |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Shutl
Shutl has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include eBay, United Parcel Service and Headline. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments are made in early-stage tech startups across multiple sectors.
|
Founded Year | Domain | Location | |
|
Investments in early-stage startups are focused on by Hummingbird Ventures.
|
Founded Year | Domain | Location | |
|
Venture capital investment in European business software companies, focusing on early-stage opportunities in London.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Shutl
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Shutl
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shutl Comparisons
Competitors of Shutl
Shutl 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 Gopuff, DeliveryApp, Pedal Me, Peyk and Coyote Logistics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform offering on-demand delivery services for food and groceries
|
|
| domain | founded_year | HQ Location |
Same-day delivery services are facilitated through an app-based platform.
|
|
| domain | founded_year | HQ Location |
Ride-hailing and delivery services via cargo bikes are facilitated online.
|
|
| domain | founded_year | HQ Location |
App-based on-demand delivery service
|
|
| domain | founded_year | HQ Location |
Offers freight shipping, logistics services, and technology platforms for industries.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Shutl
Frequently Asked Questions about Shutl
When was Shutl founded?
Shutl was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Shutl located?
Shutl is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Shutl a funded company?
Shutl is a funded company, having raised a total of $10.24M across 8 funding rounds to date. The company's 1st funding round was a Series A of $4.01M, raised on Dec 24, 2009.
How many employees does Shutl have?
As of Sep 30, 2019, the latest employee count at Shutl is 25.
What is the annual revenue of Shutl?
Annual revenue of Shutl is $32.86M as on Dec 31, 2019.
What does Shutl do?
Shutl was founded in 2008 in London, United Kingdom, as a technology startup in the logistics sector. Operations focus on on-demand shipping services that connect retailers with same-day courier networks, utilizing local inventory for quick consumer deliveries. Integration with UK retailer Argos occurred in 2010 to support efficient order processing across the region.
Who are the top competitors of Shutl?
Shutl's top competitors include Gopuff, DeliveryApp and Peyk.
Who are Shutl's investors?
Shutl has 6 investors. Key investors include eBay, United Parcel Service, Headline, Hummingbird Ventures, and Geopost.
What is Shutl's valuation?
The valuation of Shutl is $56.21M as of Nov 2013.