Nigerian shared mobility company Shuttlers raised $4 million in funds round led by Verod-Kepple Africa Ventures

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Nigerian shared mobility company Shuttlers raised $4 million in funds round led by Verod-Kepple Africa Ventures (VKAV), a Pan-African focused venture capital firm where VestedWorld SheEquity, CMC 21 & Alsa, and EchoVC also participated.

Shuttlers is an app that allows individual and corporate passengers to ride on multiple bus routes. Shuttlers’ primary business is corporate travel and commuting. In Lagos, Africa’s most populous city, the average professional who commutes to work daily or several times a week — whether by personal car or danfo minibuses and okadas — encounters roads riddled with heavy traffic and dangerous carbon emissions.

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Nigerian shared mobility company Shuttlers raised $4 million in funds round led by Verod-Kepple Africa Ventures

Nigerian shared mobility company Shuttlers raised $4 million in funds round led by Verod-Kepple Africa Ventures (VKAV), a Pan-African focused venture capital firm where VestedWorld SheEquity, CMC 21 & Alsa, and EchoVC also participated.

Shuttlers is an app that allows individual and corporate passengers to ride on multiple bus routes. Shuttlers’ primary business is corporate travel and commuting. In Lagos, Africa’s most populous city, the average professional who commutes to work daily or several times a week — whether by personal car or danfo minibuses and okadas — encounters roads riddled with heavy traffic and dangerous carbon emissions.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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