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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What is Rappi's ticker symbol?

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What is Rappi's stock price?

The stock price for Rappi will be known as it becomes public. Here are similar public companies: Tesla (NAS: TSLA), Rivian (NAS: RIVN), Ford (NYS: F), Uber (NYS: UBER), Lyft (NAS: LYFT).

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 IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
7/21/2021 Series F $5.25B $XXX.XX $XXX.XX
9/24/2020 Series E $3.8B $XXX.XX $XXX.XX
4/30/2019 Series D $3.12B $XXX.XX $XXX.XX
8/31/2018 Series C $1.45B $XXX.XX $XXX.XX
1/2/2018 Series B $971.97MM $XXX.XX $XXX.XX
1/6/2016 Series A-1, A-2, A-3, A-4, A-5, A-6, and A-7 $338.84MM $XXX.XX $XXX.XX
Based on primary financings
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What is Rappi funding to date?

Rappi has raised $1.96B with the following series:
$338.84MM for Series A-1, A-2, A-3, A-4, A-5, A-6, and A-7, $971.97MM for Series B, $1.45B for Series C, $3.12B for Series D, $3.8B for Series E, $5.25B for Series F

When was Rappi founded?

Rappi was founded in 2015.

Can you invest in Rappi?

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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Is Rappi a publicly traded company?

Rappi is a private company and not publicly traded.

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