# Shuttle

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

- Industry: Internet
- Headquarters: Dhaka, Bangladesh
- Website: www.shuttlebd.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Jun 1, 2021)
- Investors on record: 4

## About

Founded in 2018 and based in Dhaka, Bangladesh, Shuttle Technologies Ltd. operates as a business-to-business platform that engages in transportation services. Reyasat Chowdhury, Jawwad Jahangir, and Shah Sufian are the co-founders of the company. In December 2022, Shuttle raised USD 1.5 million in venture funding from South Asia Tech and Accelerating Asia Ventures. As of January 2023, the company serves more than 50 clients.

The company offers an internet booking platform for taxis. The firm provides a smartphone application that allows users to locate and book a taxi. The site offers business cabs as well as rentals. Its features include safe trips, no cancellation costs, citywide coverage, rides for women, shared rides, a fixed price, and other benefits.

The organization plans to use the December 2022 funding to further product development and hire team members.

## Funding rounds

- Seed, Jun 1, 2021, $0.8M — Accelerating Asia Ventures, Bangladesh Angels, Airtel Bangladesh, Impact Collective
- Seed, Sep 7, 2020, $0.4M — Accelerating Asia Ventures

## Investors

- Accelerating Asia Ventures (https://capitalatlas.ai/funds/accelerating-asia-ventures) — Seed
- Bangladesh Angels — Seed
- Airtel Bangladesh — Seed
- Impact Collective — Seed