Shuttle Cloud
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 1.6m | 1.5m | 1.4m | 1.5m | 1.4m | 1.4m | 1.4m |
% growth | (29 %) | (10 %) | (2 %) | 4 % | (4 %) | - | - |
EBITDA | <1m | <1m | <1m | (<1m) | (<1m) | - | - |
% EBITDA margin | 18 % | 10 % | 2 % | (4 %) | (10 %) | - | - |
Profit | <1m | <1m | <1m | (<1m) | (<1m) | - | - |
% profit margin | 14 % | 7 % | 2 % | (9 %) | (3 %) | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
$20.0k | Seed | ||
$300k | Seed | ||
$750k | Seed | ||
Total Funding | €973k |
Recent News about Shuttle Cloud
EditShuttleCloud is a technology company specializing in email migration services. Founded in 2010 in Chicago, the company initially served academic institutions like Harvard and Stanford. After graduating from the TechStars NYC incubator program in 2011, ShuttleCloud expanded its client base to include global tech giants such as Google and Yahoo. The company operates in the email migration market, providing highly secure and scalable solutions that can handle daily peaks of up to 6TB per hour. ShuttleCloud offers its services through hosted migration portals and APIs, catering to both individual and enterprise clients. The business model revolves around paid migrations, where clients are charged for the migration services they use. Revenue is generated through these transactions, which require clients to provide personal and financial information for processing. ShuttleCloud is committed to maintaining the integrity, privacy, and security of its customer data. The company employs a team of 35 professionals, with offices in Philadelphia and Madrid.
Keywords: email migration, tech giants, academic institutions, high security, scalability, APIs, hosted portals, paid migrations, data integrity, global clients.