Tembici

Tembici is a bike-sharing company that makes it possible to change the look and the relationship with the city so that each person reinvents their interaction, their path, their moment.

tembici was born from the desire to shorten distances, facilitate routes, connect people and destinations.

Tembici was co-founded in 2010 by Tomás Martins and Mauricio Villar. The company is headquartered in Sao Paulo, Sao Paulo, Brazil.

 

Tembici riders are split into two categories. As delivery demand increases during the pandemic shelter in place lockdown, more couriers are using Tembici’s bikes to circulate items and food.

 

Tembici is backed by Valor Capital, Redpoint eventures, The International Finance Corporation (IFC), and Joá Investimentos. The company raised $47M in Series B round of funding on June 03, 2020. 

 

 

  • Year founded: 2010
  • Funding Info: $47M over 1 Round (Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Sao Paulo
  • State: Sao Paulo
  • Country: Brazil
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