Product built. Pilots on the road. 75,000 TND of EU-funded backing already secured.
Sheapit is the smart freight exchange for Tunisian road transport: shippers post loads, carriers bid, every job is tracked and insured to the door, and half-full trucks and empty return trips get filled. Here is exactly where we stand, with no inflated numbers.
Half full to Sfax, empty back to Tunis. Fuel, tolls, time and CO2 lost on both legs.
Traction at a glance
We are pre-revenue by design: the product had to be complete and validated in the field before charging carriers. The commercial launch starts in 2027.
Shipments on the platform
The number we steer by: shipments completed on Sheapit, each one a load matched to a truck. It drives revenue (commission per job) and the empty kilometres we remove. Drivers and companies signed up are a means, not the goal.
Pilot shipments run with owner-drivers, not yet billed.
VAIR funding agreement, 70% non-repayable grant. Funded by the EU.
Web platform and driver mobile app complete, 4 roles, 4 languages.
Routing, loads on route, capacity check, document reading, matching.
Pre-revenue. First commissions planned for 2027.
| Metric investors ask for | Today | Status | Detail |
|---|---|---|---|
| Shipments on the platformOUR NORTH-STAR METRIC | Pilot only | Under way | Shipments completed on Sheapit, each one a load matched to a truck. Pilot shipments run with owner-drivers, not yet billed. |
| Revenue | $0 | 2027 | Pre-revenue. Model: 10% commission per job, 300 TND/month fleet subscription, insurance broker commission (rate to be set with CARTE). |
| GMV | Pilot only | 2027 | Pilot jobs with test users, not yet billed. Projected GMV 2027 in Tunisia: 2.56 M TND (about $0.9M). |
| Pilot customers | Live | Under way | Independent owner-drivers run real jobs in the app and feed back to us. Vectorys, a North African logistics leader, tests and reviews the platform with us. |
| User growth | Pilot cohort | Under way | Small, hands-on pilot group on purpose. Next step: structured pilot on the Tunis, Sousse, Sfax and Gabès corridors. |
| Insurance partner | CARTE | Partner | CARTE Assurances: cargo insurance built into every job, truck insurance for carriers in the app. |
| Non-dilutive capital | 75,000 TND | Secured | VAIR agreement: 70% grant, 30% zero-interest advance, 3 tranches. Tranche 1 89.7% committed. |
| Product readiness | Complete | Live | Web + mobile, 4 roles, 4 languages including Tunisian Arabic, 24 governorates. |
What is done, and what is next
Each step below is verifiable: contracts, labels and a working product you can try.
Startup Act label for Devoxys
The company behind Sheapit is recognised by the Tunisian State as an innovative startup with growth potential.
Elected greentech project, VAIR programme
Sheapit is selected for its environmental impact: fewer empty kilometres, CO2 measured trip by trip. Backed by Greenovi, CDC, Smart Capital and Expertise France, funded by the European Union.
75,000 TND VAIR funding agreement signed
70% non-repayable grant, 30% zero-interest advance. Tranche 1 executed and 89.7% committed by October 2026; tranche 2 requested.
Product and AI complete
Web platform and driver app finished, with route optimisation, loads on your route, capacity check, document reading, matching and consolidation live in the app.
Field pilot and partner reviews
Owner-drivers testing on real jobs. Vectorys testing and reviewing the platform. CARTE Assurances on board as insurance partner for cargo and trucks.
Commercial launch
Tunis, Sousse, Sfax corridors first. Target 880 registered carrier vehicles and first commissions by end of 2027. CARTE cargo cover included in every job after a 3-month pilot.
Nationwide, then the Maghreb and Africa
All 24 governorates, then the Maghreb as the first step of our expansion across Africa.
Who stands behind Sheapit
Industry partners who test and distribute, public and European institutions who fund and support.
Vectorys
North African logistics leader. Tests and reviews the platform with us, a real operator's eye on every flow.
CARTE Assurances
Cargo insurance included in every job, truck insurance (motor, liability, fleet) sold in the app. Sheapit earns a broker commission.
Greenovi
Elected greentech project in the VAIR programme, with a 75,000 TND funding agreement.
European Union
The VAIR programme is funded by the European Union, with Expertise France, CDC and Smart Capital alongside.
What pilots already changed
Drivers told us what blocked them on the road. We shipped the fix.
"On the road, I don't have ten minutes."
"I drive Tunis-Sfax empty every week."
"All this form for fifteen kilometres?"
Complete, live, and built for the cab
Real screens from the app (demo accounts and data). Watch the 2-minute product demo →
- Anonymous bidding compared on one screen
- Live GPS from the driver's phone, no hardware
- 9 time-stamped job statuses, proof of delivery
- Invoicing, commission and two-way rating
- Company verification by RNE number
- French, Arabic, English and Tunisian Arabic
- Fuel saved, empty km avoided and CO2 shown per trip
- 8% commission for electric trucks and vans
From 0.26 to 9.37 M TND revenue in five years, in Tunisia alone
Projected revenue with the CARTE insurance offer, TND millions excl. VAT, Tunisian market only. Conservative assumptions: own-account transport excluded, at most 6 Sheapit jobs per active vehicle per month, no advertising revenue.
| Year | Revenue | GMV | Carriers |
|---|---|---|---|
| 2027 | 0.26 M TND | 2.56 M | 880 |
| 2028 | 1.43 M TND | 13.7 M | 2,200 |
| 2029 | 3.71 M TND | 35.3 M | 3,300 |
| 2030 | 6.21 M TND | 58.4 M | 4,400 |
| 2031 | 9.37 M TND | 87.6 M | 5,500 |
Cumulative 2027 to 2031: 21.0 M TND (about $7.2M at 2.9 TND/USD), Tunisia only. The Maghreb and Africa expansion is upside on top of these figures and is not modelled. Market: about 5.2 bn TND of for-hire road freight a year, 97,500 for-hire freight vehicles, no digital leader. Detailed Excel model on request.
Pre-seed round, 18 months of runway
First close from $180K. Tickets from $100K. The product and the AI are built: this round moves Sheapit from pilot to commercial launch, on top of 75,000 TND of non-dilutive EU-funded money already secured.