Rappi Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 3,700

Employees

  • Latest Deal Type
  • Series F

  • Latest Deal Amount
  • $109M

  • Investors
  • 78

Rappi General Information

Description

Operator of an on-demand delivery platform that connects consumers with local merchants and couriers. The company's platform allows to order food, groceries, pharmaceuticals, and liquor with its technology and logistical capabilities across Latin America, especially through a delivery service for select groceries, pharmaceuticals, and even restaurants, enabling users to shop for any item and get it delivered to their home.

Contact Information

Website
www.rappi.com.mx
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • General Mariano Escobedo
  • Mexico City, 11580
  • Mexico
Primary Industry
Internet Retail
Other Industries
Application Software
Specialty Retail
Vertical(s)
AdTech, FoodTech, Supply Chain Tech, E-Commerce, Restaurant Technology, FinTech
Corporate Office
  • General Mariano Escobedo
  • Mexico City, 11580
  • Mexico

Rappi Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Rappi Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
13. Later Stage VC (Series F) 30-Sep-2022 $109M 00.000 00.000 Completed Generating Revenue
12. Debt - General 09-Sep-2022 00000 00.000 Completed Generating Revenue
11. Secondary Transaction - Private 23-Feb-2022 00.000 00.000 Completed Generating Revenue
10. Secondary Transaction - Private 17-Sep-2021 00.000 Completed Generating Revenue
9. Later Stage VC (Series F) 16-Jul-2021 00000 00.000 00.000 Completed Generating Revenue
8. Later Stage VC (Series E) 24-Sep-2020 00000 00.000 00.000 Completed Generating Revenue
7. Secondary Transaction - Private 16-Aug-2019 00.000 Completed Generating Revenue
6. Later Stage VC (Series D) 30-Apr-2019 000 00.000 00.000 Completed Generating Revenue
5. Later Stage VC (Series C) 18-Sep-2018 $218M $454M 00.000 Completed Generating Revenue
4. Early Stage VC (Series B) 17-Jan-2018 $183M $236M 00000 Completed Generating Revenue
To view Rappi’s complete valuation and funding history, request access »

Rappi Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series F 0,000,000 00.000000 000.00 000.00 00 000.00 00.000
Series E 0,000,000 00.000000 000.00 000.00 00 000.00 0.00
Series D 00,000,000 00.000000 000.00 000.00 00 000.00 00.000
Series C 0,000,000 00.000000 000.00 000.00 00 000.00 00.000
Series B 00,000,000 00.000000 000.00 000.00 00 000.00 00.000
Series A-7 000,000 00.000000 00.00 00.00 00 00.00 0.000
Series A-6 000,000 00.000000 00.00 00.00 00 00.00 0.000
Series A-5 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series A-4 177,986 $0.000100 $2.18 $2.18 1x $2.18 0.21%
Series A-3 1,637,508 $0.000100 $1.98 $1.98 1x $1.98 1.97%
To view Rappi’s complete cap table history, request access »

Rappi Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an on-demand delivery platform that connects consumers with local merchants and couriers. The company's plat
Internet Retail
Mexico City, Mexico
3,700 As of 2024
00.000
00.000 0000-00-00
00000000000 00.000

00000

eniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo c
00000000 000000
Mumbai, India
0000 As of 0000
00.000
000 0000-00-00
00000000000 00.000

000000

e cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non
00000000 000000
Gurugram, India
0000 As of 0000
00000
00000 0000-00-00
000000&0 00000
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Rappi Competitors (14)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Zepto Venture Capital-Backed Mumbai, India 0000 00.000 00000000000 00.000
Blinkit Formerly VC-backed Gurugram, India 0000 00000 000000&0 00000
Grubhub Formerly PE-Backed Chicago, IL 0000 00.000 000000&0
Shipt Formerly VC-backed Birmingham, AL 000 000.00 000000 - 000
Seamless Formerly PE-Backed New York, NY 000 0000 000000&0 0000
You’re viewing 5 of 14 competitors. Get the full list »

Rappi Executive Team (18)

Name Title Board Seat
Simón Borrero Co-Founder, Chief Executive Officer & Board Member
Tiago Azevedo Chief Financial Officer
Ajay Mittal Chief Operating Officer
Arnoldo Rodriguez Chief Human Resources Officer, Global Head of People & Partner
Felipe Villamarin Co-Founder & Board Member
You’re viewing 5 of 18 executive team members. Get the full list »

Rappi Board Members (7)

Name Representing Role Since
Felipe Villamarin Rappi Co-Founder & Board Member 000 0000
Lars Niklas Ostberg Self Board Member 000 0000
Michael Abramson Self Board Member 000 0000
Sebastian Mejia Self Co-Founder, President & Board Member 000 0000
Simón Borrero Rappi Co-Founder, Chief Executive Officer & Board Member 000 0000
You’re viewing 5 of 7 board members. Get the full list »

Rappi Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Rappi Investors (78)

Investor Name Investor Type Holding Investor Since Participating Rounds
Acacia Venture Capital Partners Venture Capital Minority 000 0000 000000 0
Atlant Ventures Venture Capital Minority 000 0000 000000 0
Atman Capital Partners Venture Capital Minority 000 0000 000000 0
BR Angels Angel Group Minority 000 0000 000000 0
CrossWork Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 78 investors. Get the full list »

Rappi Investments & Acquisitions (9)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Fountain9 04-Sep-2024 0000000000 Business/Productivity Software 000000 00
Box Delivery 10-Apr-2023 0000000000 Other Restaurants, Hotels and Leisure 000000000
Slope 15-Apr-2022 00000 0000 0000 Financial Software
First Delivery 31-Oct-2021 0000 00000 00.000 Logistics
Nequi 01-Jan-2021 Later Stage VC 00000 Financial Software
You’re viewing 5 of 9 investments and acquisitions. Get the full list »

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Rappi Subsidiaries (2)

Company Name Industry Location Founded
Fountain9 Business/Productivity Software San Francisco, CA 2018
Box Delivery Other Restaurants, Hotels and Leisure Sao Paulo, Brazil 0000
To view Rappi’s complete subsidiaries history, request access »

Rappi Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
First Delivery 31-Oct-2021 0000 00000 00.000 Completed
  • 18 buyers
Riogrande 01-May-2020 Early Stage VC Completed
  • 5 buyers
To view Rappi’s complete exits history, request access »

Rappi FAQs

  • When was Rappi founded?

    Rappi was founded in 2015.

  • Who is the founder of Rappi?

    Simón Borrero, Felipe Villamarin, Sebastian Mejia, Ricardo Bechara, Andres Bilbao, Guillermo Plaza, and Juan Ortega are the founders of Rappi.

  • Who is the CEO of Rappi?

    Simón Borrero is the CEO of Rappi.

  • Where is Rappi headquartered?

    Rappi is headquartered in Mexico City, Mexico.

  • What is the size of Rappi?

    Rappi has 3,700 total employees.

  • What industry is Rappi in?

    Rappi’s primary industry is Internet Retail.

  • Is Rappi a private or public company?

    Rappi is a Private company.

  • What is the current valuation of Rappi?

    The current valuation of Rappi is 00.000.

  • What is Rappi’s current revenue?

    The current revenue for Rappi is 00000.

  • How much funding has Rappi raised over time?

    Rappi has raised $2.39B.

  • Who are Rappi’s investors?

    Acacia Venture Capital Partners, Atlant Ventures, Atman Capital Partners, BR Angels, and CrossWork are 5 of 78 investors who have invested in Rappi.

  • Who are Rappi’s competitors?

    Zepto, Blinkit, Grubhub, Shipt, and Seamless are some of the 14 competitors of Rappi.

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