99

99 is Brazil’s largest local shared mobility provider, offering app-based on-demand private car and taxi hailing services. The company’s platform operates in 550 cities across Brazil, through a network of over 140 thousand registered drivers.

99’s mission is to make transportation cheaper, faster, and safer for Brazil’s population of 200 million people.

Investment Overview

In early 2017, Riverwood closed on an investment in 99, together with Didi Chuxing, to fund an aggressive growth plan, an ambitious R&D roadmap and an expanded service offering.