About Bynd
Bynd is a company based in Sao Paulo (Brazil) founded in 2014. It operates as a Mobility-as-a-Service. Bynd has raised $288.41 thousand across 1 funding round. Bynd offers products and services including Bynd Caronas, Bynd Comunidade, and Indice de Mobilidade Corporativa. Bynd operates in a competitive market with competitors including Grab, Lyft, Careem, Uber and Cabify, among others.
- Headquarter Sao Paulo, Brazil
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Bynd Serviços De Tecnologia Ltda.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$288.41 K (USD)
in 1 rounds
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Latest Funding Round
$288.41 K (USD), Seed
Sep 24, 2019
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Investors
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Employee Count
Employee Count
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Products & Services of Bynd
Bynd offers a comprehensive portfolio of products and services, including Bynd Caronas, Bynd Comunidade, and Indice de Mobilidade Corporativa. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App connects colleagues for compatible commuting routines daily.
Solution replaces chartered transport with private car usage.
Initiative evaluates corporate mobility practices with exclusive rankings.
Funding Insights of Bynd
Bynd has successfully raised a total of $288.41K through 1 strategic funding round. The most recent funding activity was a Seed round of $288.41 thousand completed in September 2019. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $288,407
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First Round
First Round
(24 Sep 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Seed - Bynd | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Bynd
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bynd
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bynd Comparisons
Competitors of Bynd
Bynd 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 Grab, Lyft, Careem, Uber and Cabify, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Ride-hailing and on-demand delivery services are aggregated via mobile app.
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| domain | founded_year | HQ Location |
App-based ride-hailing aggregator
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| domain | founded_year | HQ Location |
Rides and deliveries are facilitated via a mobile app platform.
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| domain | founded_year | HQ Location |
An online platform providing ride-hailing and food delivery services
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| domain | founded_year | HQ Location |
Ride-hailing services are offered via a mobile app platform.
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| domain | founded_year | HQ Location |
An AI-enabled platform is operated for ride-hailing and on-demand services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Bynd
When was Bynd founded?
Bynd was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is Bynd located?
Bynd is headquartered in Sao Paulo, Brazil.
Is Bynd a funded company?
Bynd is a funded company, having raised a total of $288.41K across 1 funding round to date. The company's 1st funding round was a Seed of $288.41K, raised on Sep 24, 2019.
What does Bynd do?
Corporate mobility solutions are developed by Bynd to enhance efficiency in companies and improve employees quality of life. Focus is placed on commuting and work-related travel, including home-to-work journeys and event travel. Strategies for sustainable and efficient mobility are promoted, reducing individual trips and fostering human-centric cities. Sectors served include corporate environments with solutions like carpooling apps, private car substitution for chartered transport, and mobility assessment initiatives.
What products or services does Bynd offer?
Bynd offers Bynd Caronas, Bynd Comunidade, and Indice de Mobilidade Corporativa.