Tembici
10 known investors
Find your way into Tembici
Tembici operates bike-sharing systems (branded Bike Itaú, BA Ecobici, and others) offering standard and electric bikes unlocked via a mobile app for urban mobility. It serves riders and cities across Latin America, including São Paulo, Rio de Janeiro, Salvador, Recife, Santiago, and Buenos Aires, and runs a delivery bike program in partnership with iFood.
Founders & leadership
TM
Tomás MartinsinFounder · CEOTomás Martins studied International Relations and completed an MBA; he co-founded Tembici after meeting co-founder Maurício Villar during a project on bicycle mobility, inspired by a high school exchange in the Netherlands where he developed interest in bike-based urban transportation.
Investors · 10
Blue like an Orange Sustainable CapitalWashington
Valor Capital GroupNew York · $100K – $5M
IFCreportedAuburn
International Finance CorporationreportedWashington D.C. · $20M – $500M
Itaúreported
Redpoint eventuresreportedSão Paulo
Also in the syndicate · 4
BNDESItaú BankMastercardVanti
Funding
SEC filings, press & company announcements$47M disclosed across 1 of 5 rounds · 2020–2023
- $47MSeries BJun 2020 · 2 sources
Valor Capital Group (lead)
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 1
by search overlapCompanies competing with Tembici for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Tembici do?
- Tembici operates bike-sharing systems (branded Bike Itaú, BA Ecobici, and others) offering standard and electric bikes unlocked via a mobile app for urban mobility. It serves riders and cities across Latin America, including São Paulo, Rio de Janeiro, Salvador, Recife, Santiago, and Buenos Aires, and runs a delivery bike program in partnership with iFood.
- Who founded Tembici?
- Tembici was founded by Tomás Martins.
- Who are Tembici's investors?
- Tembici's investors include Blue like an Orange Sustainable Capital, Valor Capital Group, IFC, International Finance Corporation, Itaú, Redpoint eventures.
- How much funding has Tembici raised?
- Tembici has disclosed $47M raised across 1 of its 5 known rounds.

