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TUNL - About the company

TUNL is a seed company based in Cape Town (South Africa), founded in 2020. It operates as a Provider of logistics solution for online merchants. TUNL has raised $1M in funding from investors like E4EAfrica, Jozi Angels and Digital Africa Ventures. The company has 1159 active competitors, including 237 funded and 125 that have exited. Its top competitors include companies like Delhivery, Shiprocket and Shadowfax.

Company Details

Provider of logistics solution for online merchants. It provides a plug-in for the merchant's website with features like auto-generated labels, branded tracking, and more. It also offers end-to-end tracking/doorstep delivery for customers. The solution helps to increase checkout conversion, brand loyalty, and more.
Social
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Email ID
*****@tunl.to
Key Metrics
Founded Year
2020
Location
Cape Town, South Africa
Stage
Seed
Total Funding
$1M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
28 as on May 31, 2026
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TUNL's funding and investors

TUNL has raised a total funding of $1M over 2 rounds. Its first funding round was on Dec 13, 2023. Its latest funding round was a Seed round on Oct 04, 2024 for $*****. 6 investors participated in its latest round. TUNL has 8 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of TUNL:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 04, 2024
3499952
Seed
3363688
3917022
6621885
9223748
Dec 13, 2023
5694178
Seed
7405391
7023089
5476254
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TUNL's founders and board of directors

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TUNL's employee count trend

TUNL has 28 employees as of May 26. Here is TUNL's employee count trend over the years:
Employee count trend for TUNL
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TUNL's Competitors and alternates

Top competitors of TUNL include Delhivery, Shiprocket and Shadowfax. Here is the list of Top 10 competitors of TUNL, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Delhivery
Delhivery
2011, Gurugram (India), Public
Platform offering end-to-end parcel delivery, warehousing, cross-border, and fulfillment services
$1.25B
87/100
2nd
Logo for Shiprocket
Shiprocket
2012, Gurugram (India), Series E
Provider of e-commerce shipping, fulfillment, marketing, and financial services
$322M
85/100
3rd
Logo for Shadowfax
Shadowfax
2015, Bengaluru (India), Public
Logistics solutions for express deliveries
$247M
83/100
4th
Logo for Lalamove
Lalamove
2013, Kowloon (China), Series F
Tech company providing on demand delivery solutions
$2.28B
77/100
5th
Logo for LetsTransport
LetsTransport
2015, Bengaluru (India), Acquired
Provider of managed logistics services including first-mile, mid-mile, and last-mile delivery
$92.6M
76/100
6th
Logo for BILT
BILT
2014, Grapevine (United States), Series B
Developer of an app providing 3D assembly instructions for consumer goods
$32.1M
73/100
7th
Logo for Ecom Express
Ecom Express
2012, Gurugram (India), Acquired
Provider of end-to-end delivery services for e-commerce companies
$324M
73/100
8th
Logo for Locus
Locus
2015, Milpitas (United States), Acquired
Provider of an AI-powered platform for optimizing logistics and delivery
$82.5M
73/100
9th
Logo for Shippo
Shippo
2013, San Francisco (United States), Series E
Provider of web-based shipping solution for e-commerce businesses
$154M
73/100
10th
Logo for LoadShare
LoadShare
2017, Bengaluru (India), Series C
Provider of end-to-end logistics delivery services
$65M
72/100
320th
Logo for TUNL
TUNL
2020, Cape Town (South Africa), Seed
Provider of logistics solution for online merchants
$1M
32/100
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TUNL's Investments and acquisitions

TUNL has made no investments or acquisitions yet.

Reports related to TUNL

Here is the latest report on TUNL's sector:

News related to TUNL

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FAQs about TUNL

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