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99x Brazil

Software product engineering and AI solutions

Overview

99x Brazil provides end-to-end software product engineering and technology services. It partners with Independent Software Vendors (ISVs) as a long-term, collaborative R&D extension rather than a simple vendor, delivering full-stack development, cloud enablement, mobile apps, and machine learning. Its approach involves facilitated teams that work with clients to co-create products and achieve market fit, supported by an in-house orchestration platform called Xians.ai for agentic AI-enabled enterprise automation across finance, legal, and insurance. The company differentiates itself through deep client collaboration, a global nearshore footprint (Norway, Sri Lanka, Brazil, Malaysia, Portugal) and a history of acquisitions to broaden its capabilities, with over 150 digital products delivered. Its goal is to help ISVs scale efficiently by providing capacity, competence, and cost-effective software development, while growing the business through strategic growth and acquisitions.

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About 99x Brazil

Simplify's Rating
Why 99x Brazil is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsConsultingEnterprise SoftwareAI & Machine Learning

Company Size

501-1,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

$20M

Headquarters

Colombo, Sri Lanka

Founded

2000

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Simplify's take

What believers are saying

  • October 2026 acquisitions expanded 99x into Portugal and Brazil immediately.
  • Product Central updated on 2026-10-22 signals active productization beyond billable staff.
  • LeanOn’s web, mobile, DevOps, and AI/ML capabilities widen cross-sell opportunities.

What critics are saying

  • LeanOn Systems integration can erode margins and distract management through 2027.
  • 99x still depends on ISV services; pricing pressure hits utilization fast.
  • A weak Brazil pipeline or client concentration would force further restructuring.

What makes 99x Brazil unique

  • 99x Brazil pairs LeanOn Systems’ 60-person local team with Nordic clients.
  • Product Central standardizes architectures, cutting setup time across 99x delivery teams.
  • 99x’s Brazil foothold supports nearshore work across time zones and GDPR-sensitive projects.

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Funding

Total Funding

$20M

Above

Industry Average

Funded Over

1 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison Coming Soon

Benefits

  • Remote Work Options
  • Flexible Work Hours
  • Employee Referral Bonus
  • Training Programs
  • Mentorship Program
  • Professional Development Budget

Company News

Lanka Business News
Oct 27th, 2026
99x brings global technology leaders together at Connexions Oslo 2026.

99x brings global technology leaders together at Connexions Oslo 2026. October 27, 2026 5min 113 As organisations worldwide accelerate investments in artificial intelligence (AI), the challenge is increasingly shifting from adopting the technology to understanding how it can deliver measurable business value. This was the focus of Connexions Oslo 2026, hosted by global product engineering company 99x in Oslo, Norway, bringing together technology leaders, industry experts, customers and partners to explore what it takes to turn AI's potential into practical business outcomes. Discover more Banking sector analysis Capital markets insights Monetary policy review Held under the theme "AI Unfiltered: What Matters, What Works and What's Next," the event featured 14 speakers who examined the opportunities, challenges and practical realities of integrating AI into software development and business operations. Moving beyond predictions about AI's capabilities, Connexions explored the questions businesses face as they progress from experimentation to implementation. These include identifying use cases that create genuine value, integrating AI into existing workflows, establishing appropriate governance and measuring whether investments deliver meaningful returns. A key contribution from 99x Product Engineering came through the session "Rebuilding the Car at High Speeds: Transforming SDLC with AI," presented by Sachith Perera, Chief Technology Officer, and Kalana Wijesekara, Chief Developer Experience Officer. The session examined lessons learned and tools developed as 99x transforms the Software Development Life Cycle (SDLC) with AI, highlighting the need to rethink established engineering practices rather than simply introduce new tools into existing processes. Discover more Open Bank Account Check Loan Rates Insurance industry news Sachith Perera stated, "AI is changing the way software can be built, but the real opportunity lies in rethinking the entire development lifecycle rather than simply adding AI tools to existing processes. Organisations need to understand where AI can create meaningful improvements, how human expertise and judgement remain essential, and how greater development speed can translate into better products and business outcomes". The business implications of AI adoption were further explored in "Governing AI when the Numbers Lie," presented by Merete Løvset Nylund, Chief Technology Officer at Visma Amili and a 99x customer. She highlighted, "AI creates significant opportunities, but organisations need to look beyond the promise of productivity gains and understand the full picture. Measuring the value of AI means looking at the costs, the outcomes and the wider implications for the business. It is important to challenge its assumptions, understand what the numbers are telling Lanka Business News and make decisions based on evidence than expectations". The event also featured speakers from leading global technology companies, including Hakøn Grimstad, Product and Technology Director at Compello, Karen Dolva, Co-founder of No Isolation, Thomas Rødseth, Chief Product and Technology Officer at SuperOffice, Ragnar Harper, Head of Technology at AWS Norway, Jarle Mørk, Chief Executive Officer at Confirma Software, Espen Slyngstad, VP Digitalization at NRC Group, Thomas Skjørten, Chief Technology Officer at Ferdia, Henrik Vikøren, Chief Technology Officer at Gture, Egil Fujikawa Nes, Chief Technology Officer at 99x Solutions and Greger Teigre Wedel, Founder and Lead Engineer at ActingWeb. Dag Honningsvåg, Executive Chairman at 99x Group commented, "Connexions Oslo 2026 brought together a room full of people who are actively shaping the future of technology, from engineering leaders and AI practitioners to customers and industry innovators. He reflected that human judgment has a more important role today in how software and systems are built than ever before. While AI can be used to increase speed, handle volume and what is repetitive, humans must own what is built end-to-end and deliver outcomes". The event also highlighted the growing relevance of Sri Lankan engineering expertise in an AI-driven global technology landscape. As international businesses rethink how digital products are developed and delivered, capabilities in AI integration, engineering transformation and customer-focused problem-solving are becoming increasingly important. For Sri Lanka, this presents an opportunity to strengthen its position in the global digital economy by contributing to the development of innovative, AI-driven products and solutions for international markets. Discover more Business news subscription Economic indicators report Financial services guide Views: 113

Media Services (Private) Limited
Oct 9th, 2026
99x launches ai-hub to increase visibility on ai-assisted workflows.

99x launches ai-hub to increase visibility on ai-assisted workflows. 2 hours ago 0 4 minutes read New AI Hub strengthens 99x's AI-first approach, while its agentic AI platform wins the Gold award as the "Best Agentic AI Solution" at the National AI Awards 2026 99x, a global product engineering company headquartered in Norway, has launched AI Hub, an observability platform designed to provide greater visibility into AI-assisted workflows and performance metrics. The event also celebrated 99x's xians.ai platform being recognised as Sri Lanka's Best Agentic AI Solution at the National AI Awards. The 99x leadership also shared updates on the Group's global growth, evolving market outlook and the opportunities emerging for Sri Lankan technology talent in the AI era. The event brought together members of the 99x leadership team including Odd-Sverre Østlie, Group CEO, 99x Norway, Kalana Wijesekara, Chief Developer Experience Officer, 99x Product Engineering, Shehani Seneviratne, Chief Operating Officer, 99x Product Engineering, and Chrishan de Mel, Chief Marketing and Corporate Affairs Officer, 99x Product Engineering. Opening the event, Chrishan de Mel shared how 99x's Agent Control Plane xians.ai was awarded as the "Best Agentic AI Solution" at recently concluded National AI Awards. The platform was also awarded national recognition at the SLASSCOM National Ingenuity Awards as the "Best Innovation in Internal Processes, Technology or Framework" category. Earlier this year, the 99x's AI-first initiatives won the Overall Gold award at the Best Management Practices awards. Discover more Browse Magazines Read Market News businesses As 99x increasingly adopts AI tools and agents across engineering, support and other functions, the company identified the need for greater visibility into how these AI-assisted workflows perform. This aligns with 99x's AI Development Lifecycle (AI-DLC) approach, which focuses on integrating AI across the different stages of developing and delivering digital products. As AI continues to reshape traditional engineering workflows, it also creates new opportunities to improve productivity, quality and speed. This need led to the development of AI Hub, 99x's new platform for observing and measuring AI-assisted workflows. Speaking at the AI Hub launch, Kalana Wijesekara, Chief Developer Experience Officer of 99x, said, "AI adoption is happening at a remarkable pace, but adopting more tools does not automatically mean achieving better outcomes. AI Hub gives teams the visibility to understand what is happening within their AI-assisted workflows, measure what matters to them and make informed decisions about how those workflows should evolve." Sharing an update on the 99x Group's global journey and market outlook, Odd-Sverre Østlie highlighted the company's continued expansion across Europe, the Americas and Asia, alongside growing demand from customers seeking to integrate AI into their products and operations. He stated, "AI is fundamentally changing the expectations our customers have from their technology partners. They want to move faster, experiment more quickly and increasingly understand how AI can create measurable business value. Our ambition is to be a long-term engineering partner that can help customers navigate this transformation,". The discussion also explored how AI is reshaping the technology workforce and the opportunities this creates for Sri Lanka's IT industry. Shehani Seneviratne, COO of 99x Product Engineering, highlighted the emergence of roles such as the Forward Deployed Engineer (FDE), engineers who work closely with customers to understand real-world challenges and apply technology directly to solve them. As AI accelerates the pace of product development, the ability to combine engineering expertise with business understanding, problem-solving and customer engagement is becoming increasingly important. Discover more Start an LLC Book Beach Resorts She also highlighted 99x's continued engagement with universities through industry sessions, mentoring and hackathons, helping develop the next generation of technology talent and strengthening Sri Lanka's position as a destination for global technology and product engineering. The launch of AI Hub advances 99x's AI-first strategy, moving beyond the adoption of AI tools towards greater visibility, measurement and continuous improvement of AI-enabled work. AI-Hub FAQ. 1. What is AI-Hub in brief? AI-Hub is an observability platform for AI-assisted workflows that create visibility into process and metrics. 2. Why AI Hub? At 99x we use AI tools and agents through our engineering activities as well as support and administration tasks. This creates the need for us to have full observability into AI assisted workflows so that we can ensure the the AI assisted workflows are optimally designed and metrics from the AI tools and agents can be centrally measured. This also allows us to rapidly change processes while having visibility into metrics that matter. 3. How do teams use it? Teams first visualise their workflows with AI hub, then capture metrics from all AI tools they use. This is achieved by easy setting up integration methods using webhooks. Teams capture metrics about performance, cost, quality and any other metric they would like to track centrally so that they are able to improve their tool usage and workflows. Based on observations they change their processes and tools. 4. What are the priorities of AI-Hub? AI-hub priorities 3 aspects. * Being simple and easy to adapt so teams can start using it with a 10mins setup. * Having minimal opinion on what metrics teams need to track, so teams can decide what they need to measure and improve. * Making reporting and traceability easier 5. What is upcoming for AI hub? AI hub is already in use across many engineering teams. Two focus areas we are working on are to uniformly adapt it across all our engineering and support teams and extend its reporting capabilities.

Media Services (Private) Limited
Jun 3rd, 2026
99x launches xianix in Oslo, marking A new era of ai-native software delivery processes and tools.

99x launches xianix in Oslo, marking A new era of ai-native software delivery processes and tools. 6 hours ago 0 2 minutes read 99x has officially launched xianix.ai, its open-source AI platform designed to help organisations harness the full potential of Artificial Intelligence in the software delivery lifecycle. The launch took place in Oslo, Norway, during 99x's Breakfast Seminar, "The 10X Productivity Promise: Can AI Deliver?", bringing together technology leaders to explore how AI is reshaping productivity of software engineering. For decades, software delivery has operated through Software Development Life Cycles (SDLC), models built around human effort, structured development phases, manual handovers, and engineering capacity constraints. However, as AI has already reshaped software engineering, teams are increasingly challenged to move beyond simply using AI tools but to deliver transformational productivity outcomes. Discover more Geographic Reference Consulting Developed by engineering teams at 99x, Xianix enables the transition toward AI-DLC (AI-Driven Development Life Cycle), a software delivery approach designed for an AI-native operating environment. Instead of AI acting as a standalone assistant, Xianix creates an ecosystem of coordinated AI agents working together while keeping human expertise firmly at the centre. AI handles speed, scale, and repetitive execution while humans lead decision making, accountability, customer understanding, and creativity. Hasith Yaggahavita, CEO of 99x, stated, "Our Breakfast Seminar in Oslo created interesting conversations around how software teams are approaching AI adoption and what it takes to transfer its potential into business outcomes. Moving from SDLC to AI-DLC is not about retrofitting existing processes; it is about rethinking how software is planned, built, and operated in an AI-enabled era. Xianix was built to support that transition." Molly Vassbotn, Architect/Project Manager at Gture Norway, a 99x Group company said, "Most AI adoption today focuses on helping individuals work faster. We wanted to address how organisations rethink delivery process and standard tooling for AI-era. Xianix enables intelligent automation, provides comprehensive coverage of quality across the delivery pipelines, helping teams evolve from traditional development approaches towards AI-native operating models." The shift of AI is also reshaping the nature of engineering talent required for the future. At 99x, engineers are increasingly evolving into what the company refers to as Forward Deployed Engineers (FDEs), front-office professionals who combine engineering expertise with business understanding, customer engagement, strategic thinking, and problem-solving capabilities. As AI takes on repetitive execution tasks, 99x sees an opportunity for 99x talent to move into higher-value global engineering roles.

Media9Par, S.A.
May 5th, 2026
ICT sector in Portugal could reach 16.6 billion euros by 2028.

ICT sector in Portugal could reach 16.6 billion euros by 2028. New study on the ICT sector in Portugal highlights export growth, increased available talent, and strengthened collaboration between German companies and Portuguese tech firms. Analysis reveals that the country is consolidating its position as a European nearshore hub, with Germany leading international demand for Portuguese technology services. May 5, 2026, 8:13 PM The Information and Communication Technology (ICT) sector in Portugal is entering a new phase of international growth. According to the Portugal ICT Study 2026-2030, developed by the German Outsourcing Association in cooperation with 99x, the sector already represents about 10% of the national GDP and is expected to generate revenues of 16.6 billion euros by 2028. The country currently has around 245,000 ICT professionals - a number that should grow by another 17,000 in 2026 alone - and annually produces about 28,000 new graduates in STEM fields. In addition, 73% of Portuguese technology companies already export their services, with Germany accounting for 18% of international demand, followed by the United Kingdom and France. The study also highlights growing demand for cloud services, cybersecurity, and digital transformation, as well as the emergence of capabilities in data engineering, artificial intelligence, and Agentic AI models - areas increasingly valued by international delivery centers. "Portugal offers companies strategic access to highly skilled talent, a stable European regulatory framework, and an environment conducive to innovation," says Stephan Fricke of the German Outsourcing Association. For Guilherme Ramos Pereira, Head of Strategic Development at 99x Portugal, the study reflects a structural shift in how European companies organize their digital capabilities: "The German-speaking market has been taking on increasing importance for Portuguese ICT companies, and this relevance continues to grow." The initiative was supported by AHK Portugal, Cuatrecasas, Sourcing Partner, and TRH, with institutional partnerships from ANJE, APDC, DSPA, Tice.pt, and Startup Portugal. YOU MAY ALSO LIKE

Sri Lanka Chronicle
Apr 6th, 2026
99x secures five honors at the 2026 Best Management Practices Awards, highlighting ai-driven innovation.

99x secures five honors at the 2026 Best Management Practices Awards, highlighting ai-driven innovation. 99x, a prominent global product engineering firm, has achieved significant recognition by winning five prestigious awards at the CPM Best Management Practices Awards 2026, including the Overall Gold Award. This accomplishment firmly establishes 99x as one of Sri Lanka's leading organizations in management excellence. In addition to the main award, the company was honored as the Sector Winner in IT, Software & BPO Services, featured among the Forty Outstanding Companies, and received the Best Management Practices Excellence Award. Furthermore, Hasith Yaggahavita, the CEO of 99x, was awarded the Leadership Excellence Award for his pivotal role in spearheading the organization's transformation driven by artificial intelligence. The accolades were primarily based on 99x's entry titled 'Embracing AI: Rethinking Talent, Products & Services,' which tackled one of the critical challenges currently faced by the global technology services sector. As artificial intelligence continues to revolutionize software development and delivery, traditional outsourcing models are undergoing significant transformation, leading to a decrease in dependence on extensive engineering teams and an increase in focus on outcome-based delivery and accelerated time-to-market. Chatura De Silva, the Chief AI Officer at 99x, remarked, "Securing five awards at once is an immense achievement for our team. The shift towards AI is transforming the industry, but our success stems from how we've embraced this change. We understand that AI isn't merely an enhancement to our operations; it fundamentally alters how we create value. This transformation involved integrating our talent and delivery processes while embedding AI into all aspects of our work." Out of more than 150 submissions, 99x was among the top 10 organizations invited to share its transformational journey at the CPM Management Insights Summit 2026, showcasing its progress alongside some of the country's most innovative companies. Chatura De Silva, along with Kalana Wijesekara, Chief Developer Experience Officer, and Chrishan de Mel, Chief Marketing and Corporate Affairs Officer, represented 99x during the presentation. Commenting on the importance of this year's awards, Dilshan Arsakularathna, CEO of The Institute of Chartered Professional Managers of Sri Lanka, stated, "99x's achievement of the Overall Gold Award across various industries illustrates the advancements being made in Sri Lanka's IT sector. It showcases how organizations are developing genuine capabilities and fostering innovations that can confidently compete on a global scale. Remarkably, 99x has become the first organization to win the Overall Gold Award twice in the five editions of the BMPC Awards. This outstanding feat highlights their unwavering commitment to maintaining excellence and continuously implementing best management practices. What truly distinguishes 99x is their pragmatic and progressive response to change, which has redefined their operations and value delivery, establishing a high standard for contemporary management practices." For 99x, the accolades received at BMPC 2026 signify a crucial step in their ongoing journey. With artificial intelligence continuing to transform the global technology environment, the company is committed to developing a future-ready organization that integrates the right talent, platforms, and mindset to generate sustainable value. Photo Caption: Team 99x receiving the Overall Gold Award at the CPM Best Management Practices Awards 2026 Financial Chronicle Biz English | Sri Lanka Business News.

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