# Shuttle One Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shuttle-one-pte

- Industry: Financial Services
- Headquarters: Singapore
- Website: www.shuttleone.io
- Total disclosed funding: $0.5M
- Latest round: Seed (May 21, 2020)
- Investors on record: 2

## About

Shuttle One Pte Ltd. is a Singapore-based digital solutions provider focused on enhancing online presence through innovative web development tools and services, catering to various businesses and individuals.Founded in 2019 and headquartered in Singapore, Shuttle One Pte Ltd. specializes in digital solutions that improve the online presence of its clients. The company has undergone no significant pivots and operates as an independent entity without subsidiaries or parent companies. The founder, Hongzhuang Lim, has a history in entrepreneurship. Shuttle One Pte Ltd. raised USD 0.5 mn in a Seed funding round on May 21, 2020, led by Sirius Venture Capital, with participation from Andromeda GmbH and other investors. This funding amount represents the total raised by the firm to date.ShuttleOne.network provides a suite of digital solutions aimed at enhancing the online presence of businesses and individuals. While specific product offerings are currently limited due to the website's construction, it primarily focuses on web development tools and services that help users create and manage websites. These tools aim to address challenges such as website design and online visibility, appealing to small businesses, entrepreneurs, and creative professionals across various geographical markets, particularly in North America and Europe, where demand for digital services is high.In the most recent financial year of 2021, Shuttle One Pte Ltd. reported a revenue of USD 652,500.1 with an EBITDA of USD -118,039.5, indicating the financial landscape in which the company operates and its current startup phase.Shuttle One Pte Ltd. aims to expand its product offerings with the launch of new web development tools in the upcoming year, designed to enhance user experience in website creation and management. The company plans to enter new markets in North America and Europe by the end of 2022, targeting regions with growing digital service needs. The recent Seed funding of USD 0.5 mn will be allocated towards product development and marketing efforts to facilitate this expansion and support the introduction of new features to its platform.

## Funding rounds

- Seed, May 21, 2020, $0.5M — Sirius Venture Capital, Andromeda GmbH

## Investors

- Sirius Venture Capital (https://capitalatlas.ai/funds/sirius-venture-capital) — Seed
- Andromeda GmbH — Seed