Mr. Shuttle, Tours & Transfers providing hassle-free travel services for Free Independent Travelers was accepted out of 1,000+ applicants into Newchip’s renowned global accelerator program’s latest cohort.
The online accelerator provides the mentorship, connections, and tools that growth-stage teams need to drive greater scale, expand business operations, and position their company for potential exit or acquisition. Since its inception in 2019, the equity-free, fully digital accelerator has helped over 1,500 founders from more than 50 countries and 250 cities raise over $450 million in funding with an estimated portfolio of over $9B.
“When evaluating companies for our Series A Accelerator, we search for proven business models that are prepared to scale their strong revenues and traction quickly in order to gain further market share and increase their likelihood of industry disruption,” says Armando Vera Carvajal, Vice President at Newchip. “We see real potential in Mr. Shuttle and are excited to integrate them into our global network of VCs, angel investors, and family offices seeking to invest in this particular space.”
Mr. Shuttle is on a mission to provide Free Independent Travelers with hassle-free airport transfers and one-day tours around the globe. Since launching the company has served more than 1 000 000 customers and grown 435% in 3 years prior to the Covid-19 pandemic.
“Being part of the Newchip Accelerator, we are looking to strengthen our scalability and business development performance” says Michal Kosmowski, Founder, and CEO of Mr. Shuttle. “We have proven product-market fit and battle-tested operations which helped us to survive during the worst time for the travel industry in modern history. We are confident that this is the best time to consolidate the incoming travel industry with the help of external funding. That's why we have decided to join Newchip Accelerator”.