99 Startups

99 Startups is a venture capital firm based in Mexico City, founded in 2016. The firm focuses on funding seed-stage and early-stage startups primarily in the fintech and logistics sectors across Latin America. In addition to fintech and logistics, 99 Startups seeks investment opportunities in various sectors, including business products, business services, financial services, information technology, manufacturing, and technology-based industries in Central and South America.

Luis Nicolás Bustani

Analyst

Alejandro Galvez

Founder and Managing Partner

14 past transactions

Vivanta

Pre Seed Round in 2022
Vivanta is a software developer that specializes in providing API solutions for accessing digital biomarker data. The company offers a comprehensive software suite designed to help engineers and product managers connect, interpret, and integrate this data into their products. By utilizing advanced analytics and AI algorithms, Vivanta aids businesses in enhancing consumer experiences, particularly in the insurance and reinsurance sectors. Its services allow these companies to better understand risk related to life and health insurance products, leveraging behavioral and health data sourced from smartphones and smartwatches.

DeltaX

Seed Round in 2022
DeltaX operates a digital freight matching platform that connects cargo owners with available trucks, streamlining the transportation process. The company offers full truck load and less than truck load services, alongside cross docking capabilities, which help optimize costs and time for both shippers and carriers. Its platform enhances land shipment management and automation by providing access to a large network of reliable trucks, transparent pricing, and real-time tracking of loads and documents. Additionally, DeltaX enables carriers to discover cargo opportunities and access instant operational financing, making the logistics process more efficient and user-friendly.

MegaBite

Seed Round in 2022
MegaBite is a multibrand cloud kitchen restaurant that specializes in offering premium gastronomic brands at midrange prices targeted at the middle class in Latin America. The company operates exclusively through digital channels, utilizing integrated kitchen software and hardware to facilitate efficient order processing. MegaBite runs its operations from rented dark kitchens, which allows for a modular growth model that enhances scalability. This innovative approach enables the opening of new kitchens with significantly lower capital expenditure and much faster timelines compared to traditional restaurants. Operating in Mexico and Peru, MegaBite has achieved impressive growth, averaging 30% month-over-month since its inception. The platform provides customers with access to a variety of virtual restaurant brands, enhancing their culinary choices while ensuring a seamless online ordering and delivery experience.

Apprecio

Pre Seed Round in 2022
Apprecio is a financial super app that allows retailers to take card payments as well as QR code payments. Apprecio is headquartered in Mexico City, Mexico and was founded in 2021.

Kashin

Pre Seed Round in 2021
Kashin is a microlending application that provides small loans to underbanked individuals. The platform assesses risk by utilizing social reputation scores and smartphone-based variables. Users have the ability to increase their credit limits and lower interest rates based on their credit behavior and the actions of their first-degree referrals. This approach aims to enhance access to credit for those who may have limited options in traditional lending markets.

Talently

Seed Round in 2021
Talently is an educational platform based in Lima, Peru, focused on enhancing the career prospects of Latin American software developers. The company offers an intensive online program delivered in English, which includes training in English communication skills, remote work competencies, and technical knowledge. Additionally, Talently provides career mentoring, skills assessments, and mock interviews to prepare participants for the job market. By equipping tech talent with the necessary skills and resources, Talently aims to facilitate access to better job opportunities in the global technology industry.

DolarApp

Seed Round in 2021
Developer of a financial application intended to provide access to USD for people in Latin America. The company's application lets users create an account for buying digital dollars from smartphones and grow savings in dollars every day and convert them back to pesos and also allows user to check their transactions in real-time, enabling individuals to activate the investment function and review their transactions and returns whenever they want.

Aplazo

Pre Seed Round in 2020
Aplazo is a fintech platform based in Mexico that facilitates online installment payments for users making purchases at affiliated stores. The platform allows customers to apply online and choose a payment method that enables them to pay for their products in fixed installment plans. By providing this service, Aplazo aims to enhance financial access and opportunities for consumers while helping businesses expand their customer base through innovative payment solutions.

Plerk

Seed Round in 2020
Plerk is a company that enhances employee satisfaction and productivity by offering flexible perks and benefits. Established in 2019 and based in Guadalajara, Mexico, Plerk operates an online platform that simplifies the booking and management of business trips. The platform allows organizations to set travel policies and track expenditures, while simultaneously encouraging employees to make cost-effective travel decisions. By focusing on improving workplace happiness, Plerk aims to boost productivity by 80% and increase employee retention by 50%.

Baubap

Seed Round in 2019
Baubap is a developer of a microlending financial platform focused on providing personal loans. The platform allows customers to access instant loans through a user-friendly application, eliminating the need for extensive documentation and complex procedures. This streamlined process enables users to apply for loans conveniently, anytime and anywhere, enhancing accessibility to financial support.

Apperto

Seed Round in 2019
Apperto Inc. is a technology company based in Venado Tuerto, Argentina, with an additional office in Belgrano. Founded in 2017, Apperto has developed a SuperApp designed for over 300 million Latin Americans residing in smaller cities. The platform facilitates user interactions with each other and local businesses, offering features such as online ordering, coupon management, and a digital wallet. Apperto aims to enhance community engagement and streamline transactions in these regions.

Rejuvenation Technologies

Seed Round in 2019
Rejuvenation Technologies Inc. develops nucleoside-modified telomerase reverse transcriptase messenger ribonucleic acid to extend telomeres for human health extension. It offers cell therapies, which includes tissue engineering, tissue and cell transplants, skin grafts, immunotherapy, and regeneration medicine. The company was incorporated in 2016 and is based in Mountain View, California.

Zippi

Seed Round in 2019
Zippi Soluções de Crédito Ltda is a digital platform based in São Paulo, Brazil, that specializes in providing financial services for gig workers, particularly drivers for ride-sharing applications such as Uber, 99, and Cabify. The platform offers personal loans tailored to the needs of self-employed individuals, allowing them to manage their finances more effectively. By providing weekly invoices and facilitating payments through a user-friendly application, Zippi aims to support its clients in focusing on their business growth without incurring annual fees. This approach positions Zippi as a valuable resource for the growing gig economy in Latin America.

Moneypool

Seed Round in 2016
Moneypool S.A.P.I. de C.V. is a Mexican company based in San Pedro Garza Garcia that operates a social fundraising platform. Founded in 2013 by Ignacio Alvarez, Gerardo Acuña, and Sebastian Cueva, Moneypool enables users to create groups, invite friends, and collect money remotely. The platform allows payments through credit or debit cards and cash, facilitating the division of expenses and the collection of funds among users without the need for bank details. Moneypool takes a standard commission for processing credit card transactions, streamlining the payment process and enhancing user experience by sending reminders for payments.
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