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99x

Full company profile

uuid00067pf

Namestring
99x
Legal namestring
99x Group
Websiteurl
99x.io
Company typeenum
Private
Founded yearint
1999
Descriptiontext

99x is a Norwegian-headquartered global digital product engineering company, founded in 1999 and operating under the 99x Group across six countries including Norway (Oslo HQ), Sri Lanka (Colombo, the largest engineering hub with 400+ staff), Portugal (Algès, via 99x Europe, formerly Cleverti), Brazil (Vittoria, via LeanOn), Malaysia, and a presence in Singapore. The group employs 600+ people and serves 100+ global and Scandinavian enterprise clients with nearshore tech talent and end-to-end digital product engineering services spanning software, web, and mobile applications, complemented by internal AI tools including Xians.ai (open-source Agent Control Plane for agentic workflows), Xiana (3D visual agent with facial recognition and natural language interaction), Agenttri Al (enterprise agentic orchestration), OptimaxerAI Web, and the Yantra Labs IoT/embedded unit. Customer use cases span AI-powered compliance, big-data vehicle inspection, digital auction platforms, software product development, CRM/ERP solutions, and sub-millisecond embedded systems for energy and subsea clients.

The business operates on a B2B services model with two principal revenue streams: Digital Product Engineering (project-based and facilitated-team engagements) and Nearshore Tech Talent (recurring team augmentation across Europe and USA/Canada), plus Web Solutions. Pricing is quote-based and not publicly disclosed. The company sells primarily through direct enterprise field sales targeting Scandinavian, European, and North American buyers, with commercial activities run by Norwegian entities (99x Technology AS, Seeds AS, Incrementi AS, Clave Consulting AS) and delivery executed from lower-cost geographies. Proprietary operational tooling (Flowyzer, Product Central, DevGrade, BagID) supports delivery and talent assessment.

Strategic posture is expansionary: a $20 million investment from Nordic private equity fund Driv Kapital in 2021 funded a roll-up that has since included Clave Consulting (Norway, 2024-09-11), Gture and Solvr AS (2025), and Increo (2026-04-15). The company holds ISO 9001:2015, ISO 27001:2022, ISO 27701:2019, ISTQB Platinum Partner status, and is GDPR-compliant, supporting European enterprise and public-sector procurement. Recent industry recognition includes the 2026 SLASSCOM National Ingenuity Award, 2026 CPM Best Management Practices Overall Gold, and the 33rd National Chamber of Exporters Gold Award in the Extra-Large ICT/BPO category.

Short descriptiontext

99x is a Norwegian-headquartered global digital product engineering company that delivers nearshore tech talent and AI-enhanced software services across six countries to 100+ Scandinavian, European, and North American enterprise clients.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersKollupitiya, Sri Lanka
HQ citystring
Kollupitiya
HQ countrystring
Sri Lanka
HQ regionstring
Asia
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
digital product engineering, nearshore tech talent, AI agent platform, software development services, embedded systems development
Industry2 codes
1UI/UX Engineering & Front-End Modernization
CodeBPAEAFAHPrimaryYes
2Developer Experience Platforms for Enterprise (IDEs, CI/CD, Dev Portals)
CodeHDAEAKAIPrimaryNo
NAICS code1 code
  • Custom Computer Programming Services541511
SIC code2 codes
  • Services-Computer Programming Services7371
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Software Development Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Digital Product Engineering Services
TypeProfessional Services
Description

End-to-end product engineering services including design, development, and scaling of digital products. Revenue generated through project-based engagements and dedicated team models.

99x.io
2Nearshore Tech Talent
TypeSubscription Recurring
Description

Providing technology talent across Europe and USA/Canada regions. Revenue model based on team augmentation and staff augmentation services with recurring engagement structures.

99x.io
3Web Solutions
TypeProfessional Services
Description

Building web solutions and business-critical systems for clients.

99x.io
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 3 records shown
1Xians.ai
Description

AI Agent Platform - an Agent Control Plane designed to orchestrate and scale agentic AI workflows, developed as an open-source platform.

lankatalks.com
+2 more records
Core offering1 text field

99x is a global product engineering company that designs, builds, and scales digital products for enterprises through nearshore delivery centers. Its core offerings include Digital Product Engineering (end-to-end product design, development, and scaling), Nearshore Tech Talent services for Europe and USA/Canada, and Web Solutions for business-critical systems. The company supplements these services with proprietary AI platforms such as Xians.ai (open-source Agent Control Plane), Xiana (AI visual agent), Agenttri AI (agentic orchestration), and OptimaxerAI Web, along with specialized units like Yantra Labs for IoT and embedded systems.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 90% of clients say 99x has met and exceeded their expectations
+3 more records
Product overview1 text field

99x is a global product engineering company offering a unified platform of digital product services augmented by proprietary AI tools. The core offering consists of Digital Product Engineering, Tech Talent services (Europe and USA), and Web Solutions, supported by 600+ engineers across Sri Lanka, Norway, Portugal, Brazil, and Malaysia. The product portfolio includes: Xians.ai (open-source Agent Control Plane for orchestrating agentic AI workflows), Xiana (AI-powered 3D visual agent with facial recognition and natural language interaction), Agenttri Al (enterprise-grade agentic orchestration platform), and OptimaxerAI Web (AI library for web products). Specialized units include Yantra Labs (IoT and embedded systems), Flowyzer (delivery insights), Product Central (developer productivity), DevGrade (talent assessment), and BagID (travel solutions). The company has also expanded through acquisitions including Clave Consulting, Seeds Consulting, Solvr AS, and Gture. 99x embeds AI across its service delivery using Generative AI, agentic workflows, and MCP to accelerate development, improve quality, and scale effectively.

Product and service13 records
1Digital Product Engineering
CategoryProfessional Services
Description

End-to-end digital product engineering service for global and Scandinavian enterprises, combining product strategy, scalable multi-location delivery, and AI integration across software, web, and mobile applications.

2Nearshore Tech Talent - USA & Canada
CategoryStaff Augmentation Services
Description

Nearshore talent service providing top-tier engineering talent for North American teams through nearshore delivery model, helping technology companies scale engineering capacity.

3Nearshore Tech Talent - Europe
CategoryStaff Augmentation Services
Description

Nearshore talent service scaling engineering teams with top local and nearshore engineering talent across European locations including Portugal and Norway.

4Web Solutions
CategoryProfessional Services
Description

Building appealing web solutions and business-critical systems for clients as part of the product engineering portfolio.

5Xians.ai
CategoryAI Platform / Software
Description

Open-source Agent Control Plane designed to orchestrate and scale agentic AI workflows, addressing the challenge of teams repeatedly building foundational infrastructure for AI agent development and deployment.

6Xiana
CategoryAI Platform / Software
Description

AI-powered 3D visual agent supporting facial recognition, automation, and natural language interaction, with enterprise capabilities including integration with Office 365 and query handling for organizational knowledge to improve operational efficiency and user onboarding.

7Agenttri AI
CategoryAI Platform / Software
Description

Enterprise-grade agentic orchestration platform enabling organizations to build and deploy AI agent workflows at scale.

8OptimaxerAI Web
CategoryAI Library / Software
Description

AI library for web products designed to enhance web application capabilities with AI-driven features.

9Flowyzer
CategorySoftware / Developer Tool
Description

Tool providing transparency and delivery insights for software product engineering teams to track project progress and delivery metrics.

10Product Central
CategorySoftware / Developer Tool
Description

Developer productivity tool that streamlines software development processes and enhances engineering team efficiency.

11DevGrade
CategorySoftware / Assessment Tool
Description

Tech talent assessment tool designed to fast-track evaluation and development of technical talent.

12BagID
CategorySoftware / Travel Tech
Description

Solution for the travel industry providing innovative identification and tracking technology for luggage and travel items.

13Yantra Labs
CategoryIoT and Embedded Systems
Description

Specialized unit developing IoT and embedded system solutions including computer-vision fire hazard detection with edge processing on Jetson Orin NX hardware and solar panel shading analysis (10-30% energy loss reduction).

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-09-11
Description

99x Group acquired Norwegian consulting firm Clave Consulting which specializes in user experience, system development, and advisory services for both private and public sector clients. Clave will continue to operate as an independent entity while collaborating within the group.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partner LeanOn in Vittoria, Brazil provides solution development and customer service as part of the 99x Group's global delivery network.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Cleverti, now rebranded as 99x Europe, operates in Algès, Portugal providing solution development and customer service. Cleverti was acquired by 99x Holding as part of strategic expansion in Europe.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

99x acquired Seeds Consulting as part of growth strategy in Europe. Seeds operates as part of the 99x Group companies in Norway.

5German Outsourcing Association
Strategic tierMinorTypeStrategic or Co-development Partner
Description

99x Portugal partnered with German Outsourcing Association to map the Portuguese tech sector in a European context, particularly the German market, through the Portugal ICT 2026 Market Survey.

portugalglobal.pt
Strategic tierCoreTypeStrategic or Co-development Partner
Description

99x acquired Gture, reinforcing its focus on digital product development and AI. Gture CEO is Stein Eric Moe who joined the Group Leadership Team.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

99x acquired Tech Agency Solvr AS as part of its continued growth strategy, expanding capabilities in digital product development.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Major Nordic software and SaaS company with broad enterprise and SMB offerings. Comparable as a Nordic enterprise software ecosystem player; overlaps with 99x on Scandinavian enterprise digital transformation work.

TypeDirect peer
Description

Nordic-origin IT and digital consulting firm with delivery across Europe. Competes with 99x for Scandinavian enterprise software engineering and digital product consulting engagements.

TypeBroad incumbent
Description

Global IT services and consulting giant with significant presence in Scandinavia and Europe. Broader portfolio but competes for the same large enterprise digital engineering and transformation budgets as 99x.

TypeDirect peer
Description

UK-listed nearshore IT services firm with delivery centers across Eastern Europe, LATAM, and Asia serving Western European and North American clients. Closely comparable business model and customer base to 99x's product engineering and tech talent offerings.

TypeDirect peer
Description

Global digital solutions and nearshore engineering provider with delivery centers in Eastern Europe, LATAM, and Asia. Highly comparable nearshore product engineering model serving European enterprise clients.

TypeDirect peer
Description

Global technology consultancy specializing in software product engineering, AI, and digital transformation for enterprises. Comparable to 99x in product engineering services targeting large enterprise clients.

TypeBroad incumbent
Description

Norwegian consulting and technology firm providing digital product development, design, and IT services across Scandinavia. Comparable on Scandinavian enterprise customer base and product engineering focus.

TypeDirect peer
Description

Global digital product engineering and platform services provider with nearshore delivery in Eastern Europe, LATAM, and Asia. Directly competes with 99x for Scandinavian and European enterprise software engineering mandates.

TypeRegional player
Description

Norwegian digital consultancy serving Nordic clients with design, product, and engineering services. Listed by 99x as an acquired Group company; comparable as a small Nordic digital product engineering peer.

TypeBroad incumbent
Description

Large Nordic IT software and services company headquartered in Finland with broad enterprise digital services and proprietary software. Overlaps with 99x on Nordic enterprise software engineering and transformation services.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers9 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI capability10 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles22 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries8 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance5 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

99x

Software Development Services99x.io

99x is a Norwegian-headquartered global digital product engineering company that delivers nearshore tech talent and AI-enhanced software services across six countries to 100+ Scandinavian, European, and North American enterprise clients.

What 99x does

99x is a Norwegian-headquartered global digital product engineering company, founded in 1999 and operating under the 99x Group across six countries including Norway (Oslo HQ), Sri Lanka (Colombo, the largest engineering hub with 400+ staff), Portugal (Algès, via 99x Europe, formerly Cleverti), Brazil (Vittoria, via LeanOn), Malaysia, and a presence in Singapore. The group employs 600+ people and serves 100+ global and Scandinavian enterprise clients with nearshore tech talent and end-to-end digital product engineering services spanning software, web, and mobile applications, complemented by internal AI tools including Xians.ai (open-source Agent Control Plane for agentic workflows), Xiana (3D visual agent with facial recognition and natural language interaction), Agenttri Al (enterprise agentic orchestration), OptimaxerAI Web, and the Yantra Labs IoT/embedded unit. Customer use cases span AI-powered compliance, big-data vehicle inspection, digital auction platforms, software product development, CRM/ERP solutions, and sub-millisecond embedded systems for energy and subsea clients.

The business operates on a B2B services model with two principal revenue streams: Digital Product Engineering (project-based and facilitated-team engagements) and Nearshore Tech Talent (recurring team augmentation across Europe and USA/Canada), plus Web Solutions. Pricing is quote-based and not publicly disclosed. The company sells primarily through direct enterprise field sales targeting Scandinavian, European, and North American buyers, with commercial activities run by Norwegian entities (99x Technology AS, Seeds AS, Incrementi AS, Clave Consulting AS) and delivery executed from lower-cost geographies. Proprietary operational tooling (Flowyzer, Product Central, DevGrade, BagID) supports delivery and talent assessment.

Strategic posture is expansionary: a $20 million investment from Nordic private equity fund Driv Kapital in 2021 funded a roll-up that has since included Clave Consulting (Norway, 2024-09-11), Gture and Solvr AS (2025), and Increo (2026-04-15). The company holds ISO 9001:2015, ISO 27001:2022, ISO 27701:2019, ISTQB Platinum Partner status, and is GDPR-compliant, supporting European enterprise and public-sector procurement. Recent industry recognition includes the 2026 SLASSCOM National Ingenuity Award, 2026 CPM Best Management Practices Overall Gold, and the 33rd National Chamber of Exporters Gold Award in the Extra-Large ICT/BPO category.

99x firmographics

Firmographics
Name
99x
Legal name
99x Group
Website
https://99x.io
Company type
Private
Founded year
1999
Operating status
Operating
Headcount range
501–1,000 employees
Short description
99x is a Norwegian-headquartered global digital product engineering company that delivers nearshore tech talent and AI-enhanced software services across six countries to 100+ Scandinavian, European, and North American enterprise clients.
Ownership category
akta.pro rank

99x industry classification

Industry
Product category
Software Development Services
NAICS
Custom Computer Programming Services (541511)
SIC
Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro primary industry
UI/UX Engineering & Front-End Modernization (BPAEAFAH)
akta.pro secondary industry
Developer Experience Platforms for Enterprise (IDEs, CI/CD, Dev Portals) (HDAEAKAI)

Keywords

  • Digital product engineering
  • Nearshore tech talent
  • AI agent platform
  • Software development services
  • Embedded systems development

Where 99x is headquartered

Location

Headquarters

HQ city
Kollupitiya
HQ country
Sri Lanka
HQ region
Asia

Offices5 records

Markets served

99x business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Digital Product Engineering Services: End-to-end product engineering services including design, development, and scaling of digital products. Revenue generated through project-based engagements and dedicated team models.
  2. Nearshore Tech Talent: Providing technology talent across Europe and USA/Canada regions. Revenue model based on team augmentation and staff augmentation services with recurring engagement structures.
  3. Web Solutions: Building web solutions and business-critical systems for clients.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

99x product offering

Product offering

Core offering

99x is a global product engineering company that designs, builds, and scales digital products for enterprises through nearshore delivery centers. Its core offerings include Digital Product Engineering (end-to-end product design, development, and scaling), Nearshore Tech Talent services for Europe and USA/Canada, and Web Solutions for business-critical systems. The company supplements these services with proprietary AI platforms such as Xians.ai (open-source Agent Control Plane), Xiana (AI visual agent), Agenttri AI (agentic orchestration), and OptimaxerAI Web, along with specialized units like Yantra Labs for IoT and embedded systems.

Product overview

99x is a global product engineering company offering a unified platform of digital product services augmented by proprietary AI tools. The core offering consists of Digital Product Engineering, Tech Talent services (Europe and USA), and Web Solutions, supported by 600+ engineers across Sri Lanka, Norway, Portugal, Brazil, and Malaysia. The product portfolio includes: Xians.ai (open-source Agent Control Plane for orchestrating agentic AI workflows), Xiana (AI-powered 3D visual agent with facial recognition and natural language interaction), Agenttri Al (enterprise-grade agentic orchestration platform), and OptimaxerAI Web (AI library for web products). Specialized units include Yantra Labs (IoT and embedded systems), Flowyzer (delivery insights), Product Central (developer productivity), DevGrade (talent assessment), and BagID (travel solutions). The company has also expanded through acquisitions including Clave Consulting, Seeds Consulting, Solvr AS, and Gture. 99x embeds AI across its service delivery using Generative AI, agentic workflows, and MCP to accelerate development, improve quality, and scale effectively.

Differentiator

Problem solved

Functional benefit

Brands

  • Xians.ai: AI Agent Platform - an Agent Control Plane designed to orchestrate and scale agentic AI workflows, developed as an open-source platform.
  • Xiana
  • Yantra Labs

Products and services

  • Digital Product Engineering End-to-end digital product engineering service for global and Scandinavian enterprises, combining product strategy, scalable multi-location delivery, and AI integration across software, web, and mobile applications.
  • Nearshore Tech Talent - USA & Canada Nearshore talent service providing top-tier engineering talent for North American teams through nearshore delivery model, helping technology companies scale engineering capacity.
  • Nearshore Tech Talent - Europe Nearshore talent service scaling engineering teams with top local and nearshore engineering talent across European locations including Portugal and Norway.
  • Web Solutions Building appealing web solutions and business-critical systems for clients as part of the product engineering portfolio.
  • Xians.ai Open-source Agent Control Plane designed to orchestrate and scale agentic AI workflows, addressing the challenge of teams repeatedly building foundational infrastructure for AI agent development and deployment.
  • Xiana AI-powered 3D visual agent supporting facial recognition, automation, and natural language interaction, with enterprise capabilities including integration with Office 365 and query handling for organizational knowledge to improve operational efficiency and user onboarding.
  • Agenttri AI Enterprise-grade agentic orchestration platform enabling organizations to build and deploy AI agent workflows at scale.
  • OptimaxerAI Web AI library for web products designed to enhance web application capabilities with AI-driven features.
  • Flowyzer Tool providing transparency and delivery insights for software product engineering teams to track project progress and delivery metrics.
  • Product Central Developer productivity tool that streamlines software development processes and enhances engineering team efficiency.
  • DevGrade Tech talent assessment tool designed to fast-track evaluation and development of technical talent.
  • BagID Solution for the travel industry providing innovative identification and tracking technology for luggage and travel items.
  • Yantra Labs Specialized unit developing IoT and embedded system solutions including computer-vision fire hazard detection with edge processing on Jetson Orin NX hardware and solar panel shading analysis (10-30% energy loss reduction).

Quantifiable outcome

  • 90% of clients say 99x has met and exceeded their expectations
  • +3 more outcomes

Companies that use 99x

Customer profile

Named customers9 records

Segments3 records

Ideal customer profiles2 records

99x technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability10 records

Feature5 records

99x partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core and minor.

  • Clave ConsultingcoreStrategic or Co-development Partner · 11 September 202499x Group acquired Norwegian consulting firm Clave Consulting which specializes in user experience, system development, and advisory services for both private and public sector clients. Clave will continue to operate as an independent entity while collaborating within the group.
  • LeanOncoreStrategic or Co-development PartnerPartner LeanOn in Vittoria, Brazil provides solution development and customer service as part of the 99x Group's global delivery network.
  • Cleverti (now 99x Europe)coreStrategic or Co-development PartnerCleverti, now rebranded as 99x Europe, operates in Algès, Portugal providing solution development and customer service. Cleverti was acquired by 99x Holding as part of strategic expansion in Europe.
  • Seeds ConsultingcoreStrategic or Co-development Partner99x acquired Seeds Consulting as part of growth strategy in Europe. Seeds operates as part of the 99x Group companies in Norway.
  • German Outsourcing AssociationminorStrategic or Co-development Partner99x Portugal partnered with German Outsourcing Association to map the Portuguese tech sector in a European context, particularly the German market, through the Portugal ICT 2026 Market Survey.
  • GturecoreStrategic or Co-development Partner99x acquired Gture, reinforcing its focus on digital product development and AI. Gture CEO is Stein Eric Moe who joined the Group Leadership Team.
  • Solvr AScoreStrategic or Co-development Partner99x acquired Tech Agency Solvr AS as part of its continued growth strategy, expanding capabilities in digital product development.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

99x competitors and assessment

Company assessment

Broad incumbents

  • Visma: Major Nordic software and SaaS company with broad enterprise and SMB offerings. Comparable as a Nordic enterprise software ecosystem player; overlaps with 99x on Scandinavian enterprise digital transformation work.
  • Capgemini: Global IT services and consulting giant with significant presence in Scandinavia and Europe. Broader portfolio but competes for the same large enterprise digital engineering and transformation budgets as 99x.
  • Bouvet: Norwegian consulting and technology firm providing digital product development, design, and IT services across Scandinavia. Comparable on Scandinavian enterprise customer base and product engineering focus.
  • Tietoevry: Large Nordic IT software and services company headquartered in Finland with broad enterprise digital services and proprietary software. Overlaps with 99x on Nordic enterprise software engineering and transformation services.

Direct peers

  • Netlight: Nordic-origin IT and digital consulting firm with delivery across Europe. Competes with 99x for Scandinavian enterprise software engineering and digital product consulting engagements.
  • Endava: UK-listed nearshore IT services firm with delivery centers across Eastern Europe, LATAM, and Asia serving Western European and North American clients. Closely comparable business model and customer base to 99x's product engineering and tech talent offerings.
  • Ciklum: Global digital solutions and nearshore engineering provider with delivery centers in Eastern Europe, LATAM, and Asia. Highly comparable nearshore product engineering model serving European enterprise clients.
  • Thoughtworks: Global technology consultancy specializing in software product engineering, AI, and digital transformation for enterprises. Comparable to 99x in product engineering services targeting large enterprise clients.
  • EPAM Systems: Global digital product engineering and platform services provider with nearshore delivery in Eastern Europe, LATAM, and Asia. Directly competes with 99x for Scandinavian and European enterprise software engineering mandates.

Regional players

  • Incremento (Increo): Norwegian digital consultancy serving Nordic clients with design, product, and engineering services. Listed by 99x as an acquired Group company; comparable as a small Nordic digital product engineering peer.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

99x social profiles

Digital presence

99x compliance and trust

Trust signal

Compliance5 records

99x financial estimates

Financial estimate

Revenue estimate

Valuation estimate

99x leadership team

Management profile

Number of profiles

Profiles22 records

99x subsidiaries and ownership

Company hierarchy

Subsidiaries8 records

99x funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

99x M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 99x

What does 99x do?

99x is a global product engineering company that designs, builds, and scales digital products for enterprises through nearshore delivery centers. Its core offerings include Digital Product Engineering (end-to-end product design, development, and scaling), Nearshore Tech Talent services for Europe and USA/Canada, and Web Solutions for business-critical systems. The company supplements these services with proprietary AI platforms such as Xians.ai (open-source Agent Control Plane), Xiana (AI visual agent), Agenttri AI (agentic orchestration), and OptimaxerAI Web, along with specialized units like Yantra Labs for IoT and embedded systems.

Is 99x a public or private company?

99x is a private company. It is classified as private equity controlled and is currently operating.

When was 99x founded?

99x was founded in 1999. It employs 501 to 1,000 people.

Where is 99x based?

99x is headquartered in Kollupitiya, Sri Lanka, in the Asia region.

How does 99x make money?

Three revenue lines are on record. Digital Product Engineering Services are the primary driver. The others are nearshore Tech Talent and web Solutions.

Who are 99x's main competitors?

Broad incumbents on record are Visma, Capgemini, Bouvet and Tietoevry. Direct peers are Netlight, Endava, Ciklum, Thoughtworks and EPAM Systems. Incremento (Increo) is listed as a regional player.

Does 99x have an API?

No public API is recorded for 99x.

What industry is 99x in?

99x's product category is Software Development Services. Its primary akta.pro industry code is BPAEAFAH, UI/UX Engineering & Front-End Modernization, with a secondary code of HDAEAKAI, Developer Experience Platforms for Enterprise (IDEs, CI/CD, Dev Portals). Its NAICS code is 541511 and its SIC code is 7371.

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Live signals
Lankatalks99x launches AI-Hub to increase visibility on AI-assisted workflows99x launched AI Hub, an observability platform for AI-assisted workflows, at its AI Hub launch event. The company's xians.ai platform won the National AI Awards 2026 as Best Agentic AI Solution, and the event highlighted global growth and opportunities for Sri Lankan tech talent.Lankatalks99x Strengthens AI Capabilities Through ELEVATE Agentic AI Hackathon99x held its ELEVATE 2026 internal hackathon, bringing 150 employees across 30 teams to build AI agents for real engineering problems. The company's Xianix platform integrates AI agents with human oversight, and the hackathon tested this approach. 99x is now experimenting with teams of AI agents while keeping Forward Deployed Engineers accountable.NordiskaprojektSvenska SaaS-succén Carcare och techjätten 99x i nytt partnerskapCarcare and 99x announced a strategic partnership to build an AI-driven car retail platform, aiming to address the industry's reliance on outdated inventory methods. Only 5% of dealers use AI for inventory, costing billions annually, while Carcare has already cut lead times by 30%. The collaboration combines Carcare's industry expertise with 99x's technical capabilities to scale globally.ItbranschenSvenska SaaS-succén Carcare och techjätten 99x i nytt partnerskap – ska lösa bilhandelns miljardproblem med AI – IT-BranschenCarcare and 99x announced a strategic partnership to build an AI-native platform for car dealerships, combining Nordic expertise with 99x's global tech capabilities. Only 5% of dealers use AI for inventory management, costing the industry billions, while Carcare has cut lead times by 30% on average.Lankatalks99x Rebuilds Flood-Damaged IT Labs Restoring Digital Learning for Rural Schools in Mahiyanganaya99x, a global product engineering company headquartered in Sri Lanka, partnered with the Prime Minister's Office and SLASSCOM to rebuild IT laboratories in three flood-affected schools in Mahiyanganaya. In July, 99x volunteers completed the restoration of computer labs at Hebarawa Maha Vidyalaya, Bathalayaya Maha Vidyalaya, and Keselpotha Maha Vidyalaya, setting up laptops, furniture, and supporting infrastructure. The initiative aims to bridge the digital gap for rural students by restoring access to technology and practical IT lessons, with volunteers planning to return for ongoing knowledge-sharing sessions.Lankatalks99x's AI Agent Platform Xians.ai Wins National Recognition at SLASSCOM Ingenuity Awards99x, a global product engineering company, won both the Provincial and National Awards for Best Innovation in Internal Processes, Technology or Framework at the SLASSCOM National Ingenuity Awards (SNIA) 2026 for its AI Agent Platform Xians.ai. Xians.ai is an Agent Control Plane designed to orchestrate and scale agentic AI workflows, developed as an open-source platform to address the challenge of teams repeatedly building foundational infrastructure for AI agent development and deployment. The recognition validates 99x's strategic investment in building AI operationalization capabilities at scale, with the platform having helped establish AI-enabled engagements as a major contributor to new business growth.Lankatalks99x Wins Five Awards at Best Management Practices Awards ‘26, Showcasing AI-led Transformation99x, a global product engineering company headquartered in Sri Lanka, won five major accolades at the CPM Best Management Practices Awards 2026, including the Overall Gold Award for the second time, making it the first organization to achieve this milestone across all five editions of the awards. The company was also recognized as Sector Winner for IT, Software & BPO Services, named among the Forty Outstanding Companies, and received the Best Management Practices Excellence Award, with CEO Hasith Yaggahavita honoured for Leadership Excellence. The recognition was awarded for 99x's submission titled 'Embracing AI: Rethinking Talent, Products & Services,' highlighting the company's AI-led transformation strategy that has embedded AI across its talent and delivery operations.aicep Portugal GlobalMap the Portuguese Tech Sector in a European ContextThe Portugal ICT 2026 Market Survey has been launched as an initiative to provide an independent, data-driven analysis of Portugal's tech ecosystem and its positioning in Europe, particularly the German market. The survey invites companies and professionals in the ICT sector to participate through a questionnaire, with results to be presented at an official event in Berlin at the Embassy of Portugal in April. Guilherme Ramos Pereira, Head of Strategic Business Development at 99x, endorsed the initiative as an opportunity to elevate the Portuguese tech sector's visibility among European decision-makers.Lankatalks99x wins gold at the 33rd National Chamber of Exporters awards, reinforcing global growth and industry leadership99x secured the Gold Award in the Extra-Large Category under the ICT, BPO & Related Services Sector at the 33rd National Chamber of Exporters Awards held in Colombo. The recognition highlights the company's sustained growth, innovation-driven approach, and contributions to Sri Lanka's export economy, with over 150 digital products brought to market through international partnerships. The company stated it will continue expanding globally, strengthening partnerships, and building on its position as a technology exporter.Daily FT99x drives agentic innovation introducing Xiana, a visual agent for personalised human interaction99x, a global product engineering company, announced the launch of Xiana, an AI-powered 3D visual agent supporting facial recognition, intelligent automation, and natural language interaction. The kiosk version was demonstrated at a career fair in Colombo, while the enterprise edition integrates with Office 365, SharePoint, and HRIS systems to handle tasks like leave management, meeting scheduling, and policy queries. The company positions Xiana as part of its strategy to build agentic AI systems for real enterprise environments, creating opportunities for its engineering teams to develop AI expertise.