About Tembici
Tembici is a company based in Sao Paulo (Brazil) founded in 2010 by Tomas Petti Martins and Mauricio Villar. It operates as a Pay-per-Use / Usage-Based, and Mobility-as-a-Service. Tembici has raised $127 million across 3 funding rounds from investors including International Finance Corporation, Igah Ventures and BNDES. Tembici has completed 1 acquisition, including Bikesantiago. Tembici offers products and services including Bike Itaú, BA Ecobici, and iFood Pedal. Tembici operates in a competitive market with competitors including Segway Discovery, Hellorider, VAIMOO, Silium E-Bike and Bicicleta Integrada, among others.
- Headquarter Sao Paulo, Brazil
- Founders Tomas Petti Martins, Mauricio Villar
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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 Tembici – Solução Em Bicicletas Compartilhadas
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$127 M (USD)
in 3 rounds
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Latest Funding Round
$31.04 M (USD), Debt – Conventional
Feb 06, 2023
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Investors
International Finance Corporation
& 7 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Tembici
Tembici offers a comprehensive portfolio of products and services, including Bike Itaú, BA Ecobici, and iFood Pedal. 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.
Bike sharing service is offered across multiple cities.
Bike sharing initiative is supported in Buenos Aires.
Electric bikes are provided for delivery in São Paulo.
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Funding Insights of Tembici
Tembici has successfully raised a total of $127M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $31.04 million completed in February 2023. 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 3
- Last Round Debt – Conventional — $31.0M
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First Round
First Round
(03 Jun 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2023 | Amount | Debt – Conventional - Tembici | Valuation |
investors |
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| Sep, 2021 | Amount | Series C - Tembici | Valuation | Crescera Capital | |
| Jun, 2020 | Amount | Series B - Tembici | Valuation | Valor Capital Group , Redpoint eventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investors in Tembici
Tembici has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include International Finance Corporation, Igah Ventures and BNDES. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Crescera Capital is engaged in private equity and venture capital investments.
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Founded Year | Domain | Location | |
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Endeavor is focused on supporting high-impact entrepreneurs globally.
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Founded Year | Domain | Location | |
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Early-stage tech-focused VC firm investing primarily in Latin America and the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tembici
Tembici has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bikesantiago. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Self-serviced bicycles are rented via subscriptions or on-demand in Santiago.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Tembici
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Tembici Comparisons
Competitors of Tembici
Tembici 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 Segway Discovery, Hellorider, VAIMOO, Silium E-Bike and Bicicleta Integrada, 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 |
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| domain | founded_year | HQ Location |
SaaS platform for corporate electric bicycle leasing is provided.
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| domain | founded_year | HQ Location |
End-to-end SaaS platform for micromobility fleet management is provided.
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| domain | founded_year | HQ Location |
An online platform offering electric bicycle rental services.
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| domain | founded_year | HQ Location |
Provides a tech-enabled solution for convenient bike-sharing services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Tembici
Frequently Asked Questions about Tembici
When was Tembici founded?
Tembici was founded in 2010 and raised its 1st funding round 10 years after it was founded.
Where is Tembici located?
Tembici is headquartered in Sao Paulo, Brazil.
Who is the current CEO of Tembici?
Tomas Petti Martins is the current CEO of Tembici. They have also founded this company.
Is Tembici a funded company?
Tembici is a funded company, having raised a total of $127M across 3 funding rounds to date. The company's 1st funding round was a Series B of $47M, raised on Jun 03, 2020.
What does Tembici do?
Tembici is engaged in offering bike sharing services across multiple cities in Latin America, including Brazil, Argentina, Chile, and Colombia. The company is focused on urban mobility solutions through initiatives like Bike Itaú and BA Ecobici. Services are provided to enhance sustainable transportation, connecting people to their destinations. Operations are extended to various sectors of urban transport, promoting a new perspective on city navigation. Partnerships are established with entities like iFood for electric bike delivery solutions. Environmental impact is addressed through carbon credit projects associated with bike sharing systems.
Who are the top competitors of Tembici?
Tembici's top competitors include VAIMOO, Hellorider and Segway Discovery.
What products or services does Tembici offer?
Tembici offers Bike Itaú, BA Ecobici, and iFood Pedal.
How many acquisitions has Tembici made?
Tembici has made 1 acquisition, including Bikesantiago.
Who are Tembici's investors?
Tembici has 8 investors. Key investors include International Finance Corporation, Igah Ventures, BNDES, Crescera Capital, and Endeavor.
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