ShapShap Technologgies
On-Demand Marketplace in Nigeria for Logistics & Delivery Service.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | Seed | |
| Total Funding | 000k | ||
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ShapShap Technologies operates as a multimodal delivery and logistics marketplace in Nigeria, connecting drivers with vendors and customers. Founded in 2019 by Khalil Halilu, the company was established to address inefficiencies in the last-mile delivery sector. Halilu, an entrepreneur with a background in business administration and international business from the University of Hertfordshire, drew inspiration from his experiences with streamlined logistics services abroad and sought to implement a similar system in Nigeria.
The company's business model is built around an all-in-one platform that serves both business-to-business (B2B) and business-to-consumer (B2C) channels. Revenue is generated through commissions on orders and subscription fees for its software-as-a-service (SaaS) offering. The platform facilitates on-demand, same-day, and scheduled deliveries of various items, including food, medicine, and retail packages. Operating primarily in Lagos and Abuja, ShapShap provides a suite of applications: ShapCustomer for on-demand orders, ShapDriver for delivery personnel, and ShapVendor for businesses to manage orders. It also offers ShapBusiness, an integrated e-commerce website solution for vendors.
A key feature of ShapShap's service is its multimodal approach, utilizing a range of vehicles from bicycles and tricycles to cars and vans to accommodate different package sizes and delivery requirements. The platform includes features like real-time tracking, dynamic pricing, and various payment options. A distinctive aspect is its "cross-pooling" capability, which allows drivers to earn from multiple sources through a single application, aiming to make delivery jobs more sustainable. The company has received seed funding from investors including GreenTec Capital Partners and V8 Capital Partners to fuel its expansion. In October 2022, ShapShap won the Supernova Challenge Pitch competition at the Gulf Information Technology Exhibition (GITEX) in Dubai.
Keywords: last-mile delivery, logistics marketplace, on-demand delivery, SaaS, e-commerce fulfillment, multimodal logistics, fintech, SME enablement, Nigerian market, mobile application