About 99
99 is a company based in Sao Paulo (Brazil) founded in 2012 was acquired by Didi in January 2018. 99 has raised $380.5 million across 6 funding rounds from investors including Didi, SoftBank and Qualcomm Ventures. 99 offers products and services including 99 App, 99Food, and 99Pay. 99 operates in a competitive market with competitors including Uber, Didi, Lady Driver, Free Technology and Ubiz Technology, among others.
- Headquarter Sao Paulo, Brazil
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name 99 Tecnologia Ltda
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Products & Services of 99
99 offers a comprehensive portfolio of products and services, including 99 App, 99Food, and 99Pay.
Mobile app for requesting and providing transportation services
Service for ordering food from restaurants and home delivery
Platform for making and managing electronic payments
People of 99
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Sales and Marketing
33 people
Product Management Team
31 people
Software Development Team
26 people
Leadership Team
19 people
Finance and Accounting
16 people
Creative and Marketing Team
12 people
Senior Team
11 people
Strategy Team
11 people
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Funding Insights of 99
99 has successfully raised a total of $380.5M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $135 million completed in February 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in 99
99 has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Didi, SoftBank and Qualcomm Ventures.
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Carveout investments are managed by Riverwood Capital in private equity.
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Venture and private equity investments are managed with global diversification.
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Sectors like ad tech, food tech, logistics, services are targeted.
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Investor details for 99
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Investments & Acquisitions by 99
Investment portfolio details for 99
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Financial Statements - 99
Detailed financials for 99
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99 Comparisons
Peer comparison for 99
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Competitors of 99
99 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Uber, Didi, Lady Driver, Free Technology and Ubiz Technology, among others.
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An online platform providing ride-hailing and food delivery services
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An AI-enabled platform is operated for ride-hailing and on-demand services.
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App-based taxi booking platform for women
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On-demand ride-hailing app for booking, tracking, and safe transportation services.
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App-based platform for ride-hailing and driver partnerships in Brazilian cities.
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App for booking rides and transportation in various Brazilian cities.
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Detailed competitors of 99
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Latest news on 99
Complete news archive for 99
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Frequently Asked Questions about 99
99 was founded in 2012 and raised its 1st funding round 3 years after it was founded.
99 is headquartered in Sao Paulo, Brazil.
99 is a funded company, having raised a total of $380.5M across 6 funding rounds to date.
Founded in 2012 in Sao Paulo, Brazil, 99 operates as a ride-hailing platform within the transportation sector. Users are enabled to locate nearby cabs, view estimated fares, and book rides by submitting details through the app. Real-time driver tracking and online payments are supported. The service is accessible via an iOS mobile application, serving the Brazilian market.
99's top competitors include Uber, Didi and Lady Driver.
99 offers 99 App, 99Food, and 99Pay.
99 has 6 investors. Key investors include Didi, SoftBank, Qualcomm Ventures, Riverwood Capital, and Tiger Global.