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.

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Is Rappi a publicly traded company?

Rappi is a private company and not publicly traded.

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What is Rappi's IPO price?

The IPO price for Rappi will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Rappi is privately held company and is not publicly traded, therefor investing in Rappi pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.

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What is Rappi's funding to date?

Rappi has raised $1.96B to date.
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When was Rappi founded?

Rappi was founded in 2015.

Who are Rappi's major investors?

Sequoia Capital
Tiger Global Management
Andreessen Horowitz
Y Combinator
T. Rowe Price
Third Point Ventures
Octahedron Capital
Catapult VC
Quiet Capital
SoftBank Group

Rappi funding rounds and last known valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
7/21/2021

Series F

$496.1MM raised $XXX.XX $XXX.XX
9/24/2020

Series E

$328.07MM raised $XXX.XX $XXX.XX
4/30/2019

Series D

$710MM raised $XXX.XX $XXX.XX
8/31/2018

Series C

$218.21MM raised $XXX.XX $XXX.XX
1/2/2018

Series B

$183.32MM raised $XXX.XX $XXX.XX
1/6/2016

Series A-1, A-2, A-3, A-4, A-5, A-6 and A-7

$21.17MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Jul 26, 2024

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