# Godo Parsa, SAPI de CV

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/godo-parsa-sapi-de-cv

- Industry: Logistics & Distribution
- Headquarters: Mexico City, Mexico
- Website: www.99minutos.com
- Total disclosed funding: $124M
- Latest round: Series C (Mar 2, 2022)
- Investors on record: 5

## About

Based in Mexico City, Mexico, and founded in 2014 by co-founders Alexis Patjane and David Berdichevsky. Godo Parsa, SAPI de CV, trading under the name 99 minutos, provides a last-mile delivery service for multiple e-commerce companies. Alexis Patjane, one of the co-founders, created 99 minutos, a website that sold items and delivered them in 99 minutes, hence the name. The company operates within 40 major markets across Mexico, Chile, Colombia, and Peru. In July 2018, the company raised its seed funding and has a total of 4 funding rounds as of June 2021.

99 minutos specializes in delivering online shopping products with real-time GPS tracking and routing. It offers services such as delivery in less than 99 minutes, same-day delivery, next-day delivery, and CO2-free delivery.

The company generates revenue by charging the customer a flat fee for delivery and then offering the driver a flat rate as well.

99 minutos plans to use part of the funds to speed up its city-to-city deliveries and to grow its business in Latin America.

## Funding rounds

- Series C, Mar 2, 2022, $82M — Kaszek Ventures, Oak HC/FT, Prosus Ventures
- Series B, Jun 7, 2021, $40M — Kaszek Ventures, Prosus Ventures
- Seed, Jan 1, 2020 — Pioneer Fund
- Seed, Jul 1, 2018, $2.2M — Engie Factory

## Investors

- Engie Factory (https://capitalatlas.ai/funds/engie-factory) — Seed
- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Seed
- Kaszek Ventures (https://capitalatlas.ai/funds/kaszek-ventures) — Series B, Series C
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series B, Series C
- Oak HC/FT (https://capitalatlas.ai/funds/oak-hc-ft) — Series C