Rappi Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
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4,500
- Latest Deal Type
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2ndary - Private
- Financing Rounds
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19
- Investments
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9
Rappi General Information
Description
Operator of an on-demand delivery platform intended to connect consumers with local merchants and couriers. The company's platform allows users to order food, groceries, pharmaceuticals, and liquor with its technology and logistical capabilities across Latin America, especially through a delivery service for groceries, pharmaceuticals, and even restaurants, enabling users to shop for any item and get it delivered anywhere.
Contact Information
Website
www.rappi.com.mxCorporate Office
- Avenue Mariano Escobedo No. 555
- Bosque de Chapultepec I Sección, Alcaldía Miguel Hidalgo
- Mexico City, 11580
- Mexico
Corporate Office
- Avenue Mariano Escobedo No. 555
- Bosque de Chapultepec I Sección, Alcaldía Miguel Hidalgo
- Mexico City, 11580
- Mexico
Rappi Timeline
Rappi Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Rappi Comparisons
Industry
Financing
Details
Rappi Competitors (24)
One of Rappi’s 24 competitors is iFood, a Venture Capital-Backed company based in Sao Paulo, Brazil.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| iFood | Venture Capital-Backed | Sao Paulo, Brazil | ||||
| DeliveryCircle | Venture Capital-Backed | Claymont, DE | ||||
| Grab A Grub Services | Formerly VC-backed | Mumbai, India | ||||
| Blinkit | Formerly VC-backed | Gurugram, India | ||||
| Zepto | Venture Capital-Backed | Bengaluru, India |
Rappi Patents
Rappi Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| FR-3162931-A1 | System for determining the radiation characteristics of an antenna | Pending | 03-Jun-2024 |
Rappi Signals
Rappi Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Rappi Investments & Acquisitions (9)
Rappi’s most recent deal was a Merger/Acquisition with Fountain9. The deal was made on 04-Sep-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Fountain9 | 04-Sep-2024 | Merger/Acquisition | Business/Productivity Software | ||
| Box Delivery | 10-Apr-2023 | Merger/Acquisition | Other Restaurants, Hotels and Leisure | ||
| Slope | 15-Apr-2022 | Early Stage VC | Financial Software | ||
| First Delivery | 31-Oct-2021 | Seed Round | Logistics | ||
| Nequi | 01-Jan-2021 | Later Stage VC | Consumer Finance |
Rappi Exits (3)
Rappi’s most recent exit was on 31-Oct-2021 from First Delivery. The exit was categorized as with 18 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| First Delivery | 31-Oct-2021 | Completed |
|
||
| Tarjetas del Futuro | 30-Jun-2020 | Completed |
|
||
| Riogrande | 01-May-2020 | Seed Round | Completed |
|
Rappi Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Fountain9 | San Francisco, CA | 2018 | |
| Box Delivery | Sao Paulo, Brazil | 2016 |
Rappi FAQs
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When was Rappi founded?
Rappi was founded in 2015.
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Where is Rappi headquartered?
Rappi is headquartered in Mexico City, Mexico.
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What is the size of Rappi?
Rappi has 4,500 total employees.
-
What industry is Rappi in?
Rappi’s primary industry is Internet Retail.
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Is Rappi a private or public company?
Rappi is a Private company.
-
What is Rappi’s current revenue?
The current revenue for Rappi is .
-
How much funding has Rappi raised over time?
Rappi has raised $2.57B.
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Who are Rappi’s investors?
32 Ventures, El Poblado, Amazon.com, Acacia Venture Capital Partners, and Atlant Ventures are 5 of 72 investors who have invested in Rappi.
-
Who are Rappi’s competitors?
iFood, DeliveryCircle, Grab A Grub Services, Blinkit, and Zepto are some of the 24 competitors of Rappi.
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