ShapShap
Multimodal delivery marketplace connecting drivers, vendors, and customers in Nigeria
Website: https://shapshap.com
Cover Block
| Attribute | Value |
|---|---|
| Name | ShapShap |
| Tagline | Multimodal delivery marketplace connecting drivers, vendors, and customers in Nigeria |
| Headquarters | Lagos, Nigeria |
| Founded | 2017 |
| Stage | Seed |
| Business Model | Marketplace |
| Industry | Logistics / Supply Chain |
| Technology | Software (Non-AI) |
| Geography | Sub-Saharan Africa |
| Growth Profile | Venture Scale |
| Founding Team | Solo Founder |
| Funding Label | Seed (total disclosed ~$860,000) |
Links
- Website: https://shapshap.com/
- LinkedIn: https://www.linkedin.com/in/kshalilu/
Data Accuracy: GREEN -- Confirmed by company website and LinkedIn profile.
Summary and Signal
ShapShap is a Nigerian multimodal delivery marketplace that connects a fleet of independent riders with merchants and customers. Founded in 2017 by solo founder Khalil Halilu, the company has raised approximately $860,000 in seed capital from investors including GreenTec Capital Partners and V8 Capital Partners [CB Insights, 2022] [TechTrends Africa, 2022]. The platform differentiates by supporting a wide range of mobility options, from bicycles to vans, and by layering in SaaS tools and upskilling programs aimed at the small-scale vendors and self-employed workers who form its core network [Nairametrics, 2020] [transformationalupskilling.org].
Halilu's entrepreneurial background includes founding the strategic services firm OyaOya; his 2023 appointment to a senior government role at the National Agency for Science and Engineering Infrastructure (NASENI) introduces a significant variable for ongoing operational focus [Vanguard News, 2023]. The company's traction, last reported in 2022, points to a modest operational scale of roughly 400 riders serving an estimated 5,000 customers [CB Insights, 2022].
Data Accuracy: YELLOW -- Key operational metrics and product claims are sourced from single or unverified outlets; funding totals are corroborated by multiple databases.
Taxonomy Snapshot
| Axis | Classification |
|---|---|
| Stage | Seed |
| Business Model | Marketplace |
| Industry / Vertical | Logistics / Supply Chain |
| Technology Type | Software (Non-AI) |
| Geography | Sub-Saharan Africa |
| Growth Profile | Venture Scale |
| Founding Team | Solo Founder |
| Funding | Seed (total disclosed ~$860,000) |
Company Overview
ShapShap was founded in 2017 by Khalil Halilu in Lagos, Nigeria [Crunchbase]. It operates as a marketplace platform, connecting a network of drivers with merchants and end customers.
The founder, Khalil Halilu, is also the founder and chairman of OyaOya, a strategic services firm launched in 2018 [Perplexity Sonar]. In September 2023, Halilu was appointed by the Nigerian government to lead the National Agency for Science and Engineering Infrastructure (NASENI) [Vanguard News, 2023].
The company secured an initial undisclosed seed investment from GreenTec Capital Partners in 2021 [GBOAwards, 2021]. A seed extension followed in 2022, led by V8 Capital Partners, which brought the total disclosed funding to approximately $860,000 [TechTrends Africa, 2022] [CB Insights]. In October 2022, ShapShap won the $8,000 Supernova Prize in the Mobility and Smart Cities category at the GITEX Global conference [WeeTracker, 2022]. Public traction metrics, last reported in 2022, cited a fleet of roughly 400 riders serving around 5,000 customers across Nigerian cities including Lagos, Abuja, and Kano [CB Insights, 2022].
Data Accuracy: YELLOW -- Core founding and funding facts are corroborated by multiple databases; operational metrics are dated to 2022 and lack recent independent verification.
The Product and the Stack
ShapShap's core offering is a multimodal delivery marketplace connecting drivers, merchants, and end customers. The platform facilitates on-demand deliveries across categories including food, retail parcels, and general logistics, with integrated payment options [StartupList Africa].
The company supports a range of mobility options from bicycles and roller-skates to tricycles, cars, and vans [Nairametrics, 2020]. Beyond the transactional marketplace, ShapShap provides SaaS tools for its merchant partners and a platform-led upskilling program aimed at small-scale vendors and self-employed workers [StartupList Africa] [transformationalupskilling.org]. Operational features include order tracking and insurance for deliveries [CB Insights, 2022].
Data Accuracy: YELLOW -- Product claims are sourced from company materials and dated press reports; technical stack and roadmap are not publicly detailed.
Market Research and Opportunity
ShapShap's bet is that a single marketplace can coordinate the fragmented supply of independent riders and vehicles to serve both commercial logistics and direct-to-consumer deliveries. One estimate places the Nigeria logistics market at ₦250 billion, equivalent to roughly $657 million [MAGNiTT].
Demand drivers include urban population growth, rising smartphone penetration, and the expansion of digital commerce. The company's focus on supporting SMEs with SaaS options [StartupList Africa] and platform-led upskilling [transformationalupskilling.org] suggests an attempt to build deeper relationships with merchant partners. Regulatory and macro forces include local government policies regarding motorcycle taxi (okada) operations, fuel price volatility, and currency fluctuations.
| Metric | Value |
|---|---|
| Nigeria Logistics Market (Broad) | $657M |
Data Accuracy: YELLOW -- Market size from a single third-party source (MAGNiTT). Demand drivers and regulatory context are inferred from general regional analysis.
The Competitive Field
ShapShap entered a Nigerian last-mile delivery market already crowded with venture-backed specialists and asset-heavy platforms.
| Company | Positioning | Stage / Funding | Notable Differentiator |
|---|---|---|---|
| ShapShap | Multimodal marketplace for B2B/B2C deliveries, emphasizing diverse vehicle types and SME SaaS. | Seed (~$860k total) | Supports bicycles, tricycles, roller-skates, cars, and vans. |
| Kwik | On-demand delivery and logistics platform, initially focused on food and parcels. | Series A ($3.2M) | Stronger brand recognition in the food delivery segment. |
| Gokada | Super-app offering ride-hailing, food delivery, and parcel services. | Acquired (2022) | Pivoted from passenger transport to a multi-service model. |
| MAX.ng | Vehicle subscription and financing platform for delivery riders. | Series A ($31M+) | Deep integration with asset financing. |
| Kobo360 | Digital freight platform connecting truckers with enterprises. | Series A ($30M) | Focus on enterprise-grade, palletized freight. |
Data Accuracy: YELLOW -- Competitor funding and positioning corroborated by multiple public tech publications; ShapShap's differentiator claims sourced from a single 2020 report.
Opportunity
ShapShap aims to become the category-defining multimodal logistics platform for Nigeria's informal and small-business sector. The company's reported network of approximately 400 riders serving 5,000 customers across three major cities demonstrates the basic marketplace dynamic [CB Insights, 2022].
Growth paths include embedded logistics for fintechs, SaaS-led merchant lock-in, and serving as a regulatory standard for informal trade. Compounding would manifest as a two-sided network effect, with a potential data moat on urban logistics. A successful, scaled last-mile platform in Nigeria could command a valuation multiple reflecting its role as critical infrastructure.
Data Accuracy: YELLOW -- Opportunity analysis based on cited market size, company claims, and founder background.
Sources
- [CB Insights, 2022] ShapShap - Products, Competitors, Financials, Employees | https://www.cbinsights.com/company/shapshap
- [TechTrends Africa, 2022] Nigerian On-Demand Delivery Startup ShapShap Completes Seed Round for Expansion | https://techtrends.africa/nigerian-on-demand-delivery-startup-shapshap-completes-seed-round-for-expansion/
- [Nairametrics, 2020] ShapShap supports diverse mobility options including roller-skates, bicycles, tricycles, cars, and vans | https://nairametrics.com/2020/11/30/shapshap-supports-diverse-mobility-options-including-roller-skates-bicycles-tricycles-cars-and-vans/
- [transformationalupskilling.org] ShapShap | Platform Led Upskilling | https://www.transformationalupskilling.org/shapshap
- [Vanguard News, 2023] Meet 32-yr-old tech entrepreneur, Khalil Halilu appointed as new NASENI boss | https://www.vanguardngr.com/2023/09/meet-32-yr-old-tech-entrepreneur-khalil-halilu-appointed-as-new-naseni-boss/
- [Crunchbase] ShapShap - Crunchbase Company Profile & Funding | https://www.crunchbase.com/organization/shapshap-technologgies
- [Trendtype, 2022] Nigerian delivery start up ShapShap secures new seed investment | https://trendtype.com/news/nigerian-delivery-start-up-shapshap-secures-new-seed-investment/
- [GBOAwards, 2021] Nigerian Logitech Startup ShapShap Raises Funding from GreenTec Capital | https://www.gboawards.com/nigerian-logitech-startup-shapshap-raises-funding-from-greentec-capital/
- [StartupList Africa] ShapShap Profile, Funding and Company Data | https://startuplist.africa/startup/shapshap
- [WeeTracker, 2022] ShapShap Nigeria Wins SuperNova Prize of $8000 At GITEX Global 2022 | https://theouut.com/shapshap-nigeria-wins-supernova-prize-of-8000-at-gitex-global-2022/
- [MAGNiTT] Nigeria logistics market: ₦250 billion ($657 million) | https://magnitt.com/
Articles about ShapShap
- ShapShap Puts 400-Rider Fleet on Streets of Lagos — A seven-year-old Nigerian delivery marketplace is betting on multimodal logistics and upskilling to outlast a crowded field.