When was Shttle founded?

Shttle was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Shttle located?

Shttle is headquartered in Riyadh, Saudi Arabia.

How many employees does Shttle have?

As of Sep 30, 2026, the latest employee count at Shttle is 7.

Is Shttle a funded company?

Shttle is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Dec 21, 2021.

When was the latest funding round of Shttle?

Shttle's latest funding was a $***** Seed round on Dec 21, 2021, with participation from 1 investor.

Where does Shttle rank among its competitors?

Shttle ranks 2nd amongst 2 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was RedBox, which secured $6.99M in Oct, 2023.

Shttle - 2026 Company Profile, Team, Funding & Competitors

Shttle is a seed company based in Riyadh (Saudi Arabia), founded in 2019 by Mohammed Alhassan. It operates as a Provider of connected locks and keys for secured entry management. Shttle has raised $999K in funding from Impact46.

Company Details

Provider of connected locks and keys for secured entry management. It provides users with a platform that offers delivery services through parcel lockers. Its features include order tracking, returns management, and shipping management.

Website: shttle.com
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Email ID: *****@shttle.com

Key Metrics

Founded Year

2019

Location

Riyadh, Saudi Arabia

Stage

Seed

Total Funding

$999K in 1 round

Latest Funding Round

Seed, Dec 21, 2021, $*****

Investors

Impact46

Ranked

2^nd among 2 active competitors

Employee Count

7 as on Sep 30, 2026

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View Shttle's full profile

Shttle has raised a total funding of $999K over 1 round. Its latest funding round was a Seed round on Dec 21, 2021 for $*****. 1 investor participated in its latest round. Shttle has 1 institutional investor.

Here is the list of recent funding rounds of Shttle:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 21, 2021	5486704	Seed	9439926	2807054	4961907	5684867

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View details of Shttle's funding rounds and investors

The founders of Shttle is Mohammed Alhassan.

Here are the details of Shttle's key team members:

Mohammed Alhassan: Founder & CEO of Shttle and founder of 2 other companies, Shuttle and Pick.

View details of Shttle's Founder profiles and Board Members

Shttle's employee count trend

Shttle has 7 employees as of Sep 26. Here is Shttle's employee count trend over the years:

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Top competitors of Shttle include RedBox and Flexbox. Here is the list of Top 10 competitors of Shttle, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	RedBox 2019, Riyadh (Saudi Arabia), Series A	Provider of smart lockers access points for receiving parcels	$12M	http://raf-investments.com, Vision Ventures ... & 2 others	60/100
2nd	Shttle 2019, Riyadh (Saudi Arabia), Seed	Provider of connected locks and keys for secured entry management	$999K	Impact46	23/100
3rd	Flexbox 2020, Dhahran (Saudi Arabia), Deadpooled	App-based platform providing parcel locker solutions	-	-	15/100