99minutos clocks in fresh capital for logistics infrastructure in Latin America

99minutos, a logistics service company for e-commerce vendors across Latin America, is making fast work out of attracting funding. It announced today $82 million in Series C funding, led by Oak HC/FT, with participation from existing investors Kaszek and Prosus Ventures. 99minutos has 5,000 employees working from Mexico, Colombia, Chile and Peru, and Patjane aims to reach between 8,000 and 10,000 by the end of the year. It is also working with over 120,000 customers, mainly business-to-business companies. Revenue grew three times year over year.

More News

Next Article

Zapt is now Trela; aims to remove the middleman from group food shopping

March 10, 2022
CDPI Emerging Markets
Previous Article

How SA’s Wamly is changing the way companies interview for vacant positions

March 10, 2022
CDPI Emerging Markets
Featured Article

Salesforce Connects AI-Based Marketing Apps with Data from CDP and Google

June 8, 2023

Salesforce kicked off its big Connections conference yesterday, and if you’re surprised the focus was on generative AI, you haven’t been paying attention.  Still, the focus this time was on marketing applications that draw on Salesforce CDP data, so it’s right up our alley.  They also announced direct access to Google BigQuery data, ticking the “zero-copy” box as well.

CDPI Newsletter