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 on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
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Rappi is a private company and not publicly traded.
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.
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 |