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
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Shutl Limited
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Annual Revenue
$32.86 M (USD)-30as on Dec 31, 2019
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Net Profit
$410.03 K (USD)-92as on Dec 31, 2019
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EBITDA
Not available
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Total Equity Funding
$10.24 M (USD)
in 8 rounds
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Latest Funding Round
$247 K (USD), Series A
Nov 06, 2013
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Investors
eBay
& 5 more
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Employee Count
25
as on Sep 30, 2019
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Acquired by
eBay
(Oct 22, 2013)
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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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in early-stage tech startups across multiple sectors.
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Investments in early-stage startups are focused on by Hummingbird Ventures.
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Venture capital investment in European business software companies, focusing on early-stage opportunities in London.
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Investor details for Shutl
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Shutl
Investment portfolio details for Shutl
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Financial Statements - Shutl
Detailed financials for Shutl
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Shutl Comparisons
Peer comparison for Shutl
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- Named peers
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Online platform offering on-demand delivery services for food and groceries
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Same-day delivery services are facilitated through an app-based platform.
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Ride-hailing and delivery services via cargo bikes are facilitated online.
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App-based on-demand delivery service
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Offers freight shipping, logistics services, and technology platforms for industries.
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Detailed competitors of Shutl
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Shutl
Complete news archive for Shutl
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Frequently Asked Questions about Shutl
Shutl was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Shutl is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Shutl is a funded company, having raised a total of $10.24M across 8 funding rounds to date.
As of Sep 30, 2019, the latest employee count at Shutl is 25.
Annual revenue of Shutl is $32.86M as on Dec 31, 2019.
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.
Shutl's top competitors include Gopuff, DeliveryApp and Peyk.
Shutl has 6 investors. Key investors include eBay, United Parcel Service, Headline, Hummingbird Ventures, and Geopost.
The valuation of Shutl is $56.21M as of Nov 2013.