Rappi was founded in 2015 by Felipe Villamarin, Sebastian Mejia, Juan Pablo Ortega, Ricardo Bechara, and Simon Borrero. In 2021, Ortega told reporters that “we plan to IPO in the U.S next year,” though the company released a statement to clarify that this comment may not reflect Rappi's official position and "no conversations or external actions have been initiated regarding an eventual IPO for Rappi." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Rappi is a Colombian delivery company that currently operates in nine Latin American countries. The company has also partnered with Visa in order to develop a suite of digital banking solutions. Rappi has acquired Payit and Avocado. The company has raised more than $2 billion in venture capital funding from investors including SoftBank Capital, Sequoia Capital, Delivery Hero SE, Y Combinator, T. Rowe Price, Third Point Ventures, and Andreessen Horowitz. The company was valued at $5.25 billion in 2021.
Rappi is a privately held company and is not publicly traded, therefore investing in Rappi pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
Can you sell shares of Rappi before it goes public?
You can seek to sell your shares in Rappi while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
What is the pre-IPO value of my Rappi shares?
To determine the value of your Rappi shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Rappi shares. You can also learn more about how to sell your private shares before getting started.
Is Rappi a publicly traded company?
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
To learn more about Rappi potential IPO
Will Rappi go IPO?
Rappi has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
What is Rappi’s IPO price?
The Rappi IPO price does not exist at this time, as Rappi is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Rappi register for Forge Markets, today.
When was Rappi founded?
Rappi was founded in 2015.
What is Rappi funding to date?
Rappi has raised $1.96B to date.
Who are Rappi’s major investors?
Delivery Hero
Andreessen Horowitz
Third Point
Octahedron Capital
Y Combinator
Quiet Capital
Foundation Capital
Tiger Global Management
Floodgate Fund
Baillie Gifford
Sequoia Capital
Octahedron
Burch Creative Capital
T. Rowe Price
Third Point Ventures
Catapult Vc
Onevc
Gic
Softbank
Softbank Group
Dst Global
Endeavor Catalyst
Rappi Funding Rounds and Valuation
Funding History Chart
Funding Round Details
Funding Date
Share Class
Amount Raised
Price per Share
Post-Money Valuation
Key Investors
07/21/2021
Series F
$496.1MM
$xx.xx
$5.25B
T. Rowe Price, Baillie Gifford, Third Point, Octahedron, GIC, SoftBank
Price per Share
$xx.xx
Shares Outstanding
7,700,646
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
T. Rowe Price, Baillie Gifford, Third Point, Octahedron, GIC, SoftBank
09/24/2020
Series E
$328.07MM
$xx.xx
$3.8B
T. Rowe Price, Andreesen Horowitz, DST Global, Delivery Hero, Y Combinator, Sequoia Capital
Price per Share
$xx.xx
Shares Outstanding
5,491,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
T. Rowe Price, Andreesen Horowitz, DST Global, Delivery Hero, Y Combinator, Sequoia Capital
04/30/2019
Series D
$710MM
$xx.xx
$3.12B
SoftBank, DST Global, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
13,636,857
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
SoftBank, DST Global, Y Combinator
08/31/2018
Series C
$218.21MM
$xx.xx
$1.45B
DST Global, Endeavor Catalyst, ONEVC
Price per Share
$xx.xx
Shares Outstanding
9,030,073
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
DST Global, Endeavor Catalyst, ONEVC
01/02/2018
Series B
$183.32MM
$xx.xx
$971.97MM
Delivery Hero, Endeavor Catalyst, Foundation Capital
Price per Share
$xx.xx
Shares Outstanding
11,299,073
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Delivery Hero, Endeavor Catalyst, Foundation Capital
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