99

company

About

99 provides taxi services through its application software that enables users to request taxis by phone in Brazil.

  • 501 - 1000

Details

Last Funding Type
Series C
Last Funding Money Raised
$100M
Industries
Android,Car Sharing,Internet,iOS,Mobile,SaaS,Software
Founded date
Jul 1, 2012
Number Of Employee
501 - 1000
Operating Status
Active

99 provides taxi services through its application software that enables users to request taxis by phone in Brazil. It offers its services through 99Taxis system, a platform that optimizes the initial contact between ‘drivers’ and ‘passengers’.

99’s platform, 99Taxis allows registered passengers to locate and contact drivers in their area to directly and exclusively request the provision of transportation services. Ariel Lambrecht, Paulo Veras, and Renato Freitas founded it in July 2012, with its headquarters in São Paulo in Brazil as a subsidiary of Didi Chuxing Technology since December 31, 2017.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$100M
99 has raised a total of $100M in funding over 2 rounds. Their latest funding was raised on Jan 5, 2017 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 5, 2017 Series C $100M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
99 is funded by 1 investors. Riverwood Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Riverwood Capital Series C