99minutos acquired Chilean last-mile startup MuvSmart to expand into Chile and strengthen its electric-vehicle logistics strategy.
SourceThe fastest shipping for online shopping
Public company, workplace, funding, and market signals
99minutos is a Mexico City-based, API-driven logistics platform for e-commerce vendors in Latin America. It combines last-mile delivery, fulfillment, freight, and custom enterprise logistics, with pickup/drop-off points and integrations for major e-commerce platforms.
Primary product
An integrated e-commerce logistics platform for last-mile delivery, fulfillment, and freight in Latin America.
Founded
2014
Headquarters
Mexico City, Mexico
Team size
300-400
Industry
Transportation, Logistics, Supply Chain and Storage
Sub-industry
Last-mile logistics, fulfillment, and freight transport
Offices
0 jobs at 99minutos
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Business model
Stage
Series C
Total raised
$128.7M
Latest round
Series C · Mar 2022
Latest amount
$82M
Leadership
Founder & CEO
Chief Operating Officer
Chief Technology Officer
Chief Growth Officer
Head of Engineering
Public messaging emphasizes a technology-first, customer-centric, sustainability-conscious culture with personalized account support and rapid execution.
Compensation
Public job posts mention a competitive package with base salary plus performance bonuses; one commercial role also mentions flexible vacation. No standardized company-wide compensation bands were found.
Benefits
Pricing
Quote-based enterprise logistics pricing, with prepaid or credit-account options; pricing varies by service type, route, vehicle type, and operational complexity.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$60M-$70M
Estimated monthly visits
881.4K
Traffic estimate as of Jun 2026
99minutos acquired Chilean last-mile startup MuvSmart to expand into Chile and strengthen its electric-vehicle logistics strategy.
SourceT21 Media · Aug 2025
99minutos launched Freight99, a freight-trucking vertical focused on middle-mile, port towing, and full truckload services, as part of its expansion beyond last-mile delivery.
T21 Media · Jun 2025
A profile of 99minutos' evolution into a broader logistics operator covering first, middle, and last mile, warehousing, fulfillment, and cross-border services.
PR Newswire · Mar 2022
Announced an $82 million Series C led by OAK HC/FT with participation from Kaszek and Prosus Ventures; capital earmarked for new business lines, regional expansion, and sustainability.
TechCrunch · Jun 2021
Reported the $40 million Series B led by Prosus and Kaszek; the company said it would use the capital to expand across Latin America and speed up city-to-city delivery.
LAVCA · May 2019
99minutos acquired MuvSmart to enter Chile and reinforce its sustainable last-mile strategy using electric vehicles.