What is Shuttlers?
Founded in 2016 and headquartered in Lagos, Nigeria, Shuttlers operates as a tech-enabled bus sharing platform designed to optimize employee mobility. By providing companies with structured, reliable, and efficient transport options, the firm addresses the critical infrastructure gaps that often hinder workforce productivity in major African cities. The company's business model leverages proprietary technology to manage fleet logistics, ensuring that corporate clients can offer sustainable and cost-effective commuting solutions to their staff. As a key innovator in the regional transport ecosystem, Shuttlers bridges the gap between public transit limitations and the specific needs of the modern corporate workforce.
How much funding has Shuttlers raised?
Shuttlers has raised a total of $5.6M across 2 funding rounds:
Angel/Seed
$1.6M
Other Financing Round
$4M
Angel/Seed (2021): $1.6M with participation from VestedWorld, CMC 21 & Alsa, EchoVC Partners, Rising Tide Africa, and Launch Africa
Other Financing Round (2023): $4M led by Verod-Kepple Africa Ventures, EchoVC Partners, and VestedWorld
Key Investors in Shuttlers
EchoVC Partners
EchoVC Partners is a privately owned venture capital company that provides financing and cross-pollinating to companies, teams and business models in Sub-Saharan Africa, Europe and North America.
VestedWorld
VestedWorld is dedicated to catalyzing growth and development in underserved markets, particularly in Sub-Saharan Africa, by investing in entrepreneurs and removing barriers to access.
Rising Tide Africa
Rising Tide Africa is a women-led angel network dedicated to empowering female investors and entrepreneurs across Africa through mentorship, investments, and partnerships.
What's next for Shuttlers?
With the infusion of this latest capital, Shuttlers is expected to prioritize the scaling of its fleet management technology and the expansion of its service routes. The strategic focus will likely shift toward enhancing operational efficiency and deepening its penetration within the enterprise sector, where demand for reliable employee transport remains high. By leveraging its existing partnerships with institutional investors, the company is poised to refine its logistics algorithms and potentially explore new geographic markets. The long-term objective remains the transformation of urban mobility through data-driven insights and scalable infrastructure, ensuring that Shuttlers remains at the forefront of the African mobility revolution.
See full Shuttlers company page
