Fundraising Fox

99

Founded 2012 · 11,920 employees on LinkedIn · 5 known investors

99 is a Brazilian mobility app offering ride-hailing with private cars and taxis, along with food delivery and a digital wallet (99Pay) that pays daily yield on balances. It serves passengers, drivers, delivery couriers, and restaurants, with features such as fixed upfront fare pricing, no-payment protection for drivers, and fuel discount programs.

Also known as 99 Tecnologia Ltda · 99: Rides, Food, Pay

Investors · 5

Also in the syndicate · 2

Gaw Capital PartnersleadOCBC NISP Venturalead

Funding

SEC filings, press & company announcements
  • Undisclosed amountSeries C extensionMar 2023

    Gaw Capital Partners (lead), OCBC NISP Ventura (lead)

    Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

99 is a Brazilian mobility and payments application operated by 99 Tecnologia Ltda. The consumer app bundles several ride categories — 99Pop (lower-cost rides), 99Moto (motorcycle rides), 99Plus (larger, more comfortable vehicles), 99electric-Pro (electric vehicles) and 99Taxi (licensed taxis) — alongside 99Entrega for sending and receiving packages and 99Food for food ordering.

The app also embeds 99Pay, a digital account through which users can make Pix transfers, pay bills, top up mobile phones, earn cashback on rides, apply for personal loans and hold balances that accrue yield stated as up to 110% of the CDI rate, credited daily including weekends and holidays. Additional features include Clube99, which distributes discount coupons for rides, 24-hour customer support for passengers covering rides and deliveries, and safety measures such as background screening of partner drivers, in-app display of each driver's total trips and time on the platform, and monitoring of trips around the clock.

Business model

99 operates a marketplace app connecting passengers and senders with partner drivers across car, motorcycle and taxi categories, and layers on adjacent consumer services including food ordering, package delivery and the 99Pay digital account offering payments, cashback, yield on balances and personal loans.

Traction

The iOS listing shows a 4.7 average rating from approximately 17,000 ratings.

Full profile — market position, technology, go-to-market, geography, risks & controversies

Market position

Competes with other ride-hailing applications available in Brazil; App Store reviewers compare the service directly with Uber.

Technology

A mobile application distributed on iOS (iPad-compatible) and other platforms, providing ride dispatch across multiple vehicle categories, delivery requests, food ordering, an in-app help centre and 24-hour trip monitoring, plus an integrated digital wallet supporting Pix transfers, bill payment, mobile top-ups, cashback and loan applications.

Go-to-market

Consumers in Brazil using urban transport by car, motorcycle or taxi, people sending personal or business packages, food-ordering customers, and users of an in-app digital account; partner drivers supply the transport capacity.

Geography

Brazil; the app is published in multiple languages and distributed internationally through the Apple App Store.

Risks & controversies

User reviews on the App Store raise complaints about discount codes and coupons failing to apply, loss of saved addresses and ride history after an app update, disputed cancellation fees and refund denials, difficulty reaching human customer service, and a stated waiting period before an account can be deleted following a recent ride.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 202611,920
IOS App Store average ratingJan 20254.7 stars (out of 5)
IOS App Store ratings countJan 202517,000 ratings

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

3 people who came through 99 went on to found or lead other companies.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does 99 do?
Brazilian multi-service app combining car, motorcycle and taxi ride-hailing with deliveries, food ordering and a 99Pay digital account.
Who are 99's investors?
99's investors include Junipero, MONASHEES, Qualcomm Ventures.