99minutos
Last-mile delivery and logistics platform for Latin American e-commerce merchants, offering same-day shipping, fulfillment, pickup points and routing software in Mexico and beyond.
99minutos runs a last-mile delivery network and logistics software for online retailers, spanning express parcels, fulfillment storage, pickup points and trucking. Its Freight99 line, launched in Mexico, uses AI to organize national trucking through a 300-truck fleet. The business is B2B2C and mixes usage-based and SaaS fees, serving enterprise and small merchants in Mexico, Chile, Colombia and Peru. Founded in 2014 in Mexico City, it raised a $40M Series B in 2021 and an $82M Series C led by OAK HC/FT in 2022, with total funding above $120M across sources; a third-party estimate puts 2024 revenue near $149M.
