Notion and e.ventures lead $3.2m funding for Shutl

The new capital will support the company's expansion in North America, starting with operations in New York and San Francisco in Q1 2013 via multi-channel retailers. In the second phase of the expansion, Shutl will start operations in Atlanta, Boston, Chicago, Houston, Los Angeles, Miami, Philadelphia, Washington, Montreal and Toronto.

Notion and e.ventures join existing investors Hummingbird Ventures and UPS Strategic Enterprise Fund. Hummingbird continuously invested in Shutl from October 2009 onwards. Its latest capital injection was made in August 2012. This is the fifth funding round for the company.

Company
Shutl is a London-based delivery company, focused on high-speed delivery of online purchases. It operates a point-to-point delivery model, decreasing delivery time to 90 minutes. Shutl is active in more than 50 cities in the UK.

Its client base includes Argos, Karen Millen and Maplin.

People
Partner Andreas Haug represented e.ventures, while partner Jos White led the investment on behalf of Notion. Tom Allason is founder and CEO of Shutl. 

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