# Shuttlecok

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

- Industry: Transportation Services
- Headquarters: Seoul, South Korea
- Website: www.shuttlecok.co.kr
- Total disclosed funding: $3.8M
- Latest round: Series A (Jun 20, 2023)
- Investors on record: 3

## About

Founded in 2012 and based in Seoul, South Korea, Ciel Mobility Inc., doing business as Shuttlecok, is a transport service provider that offers its clients an AI-based real-time demand-response mobility platform service. In June 2023, Shuttlecok raised KRW 5 billion in Series A funding from investors PathfinderH, Korea Technology Finance Corporation, and Hanwha Investment & Securities. As of June 2023, the company is being led by its CEO, Park Moo-yeol. The firm offers shuttle services for users looking for shared and green public transportation services. The firm offers mobile applications where users can track the exact location of their bus or shuttle in real-time. The firm offers shuttle services for festivals, concerts, local festivals, sports, metro, airports, private shuttles, corporate shuttles, and bus rental services.  The company intends to use the June 2023 funding to accelerate the supply of a mobility-integrated operation center, recruit R&D personnel, advance the existing service platform, and expand the supply of customized services optimized for each region.

## Funding rounds

- Series A, Jun 20, 2023, $3.8M — Korea Technology Finance Corporation, Pathfinder H, Hanwha Investment & Securities

## Investors

- Korea Technology Finance Corporation — Series A
- Pathfinder H (https://capitalatlas.ai/funds/pathfinder-h) — Series A
- Hanwha Investment & Securities (https://capitalatlas.ai/funds/hanwha-investment-securities) — Series A