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.

Register for Details

For more details on financing and valuation for Rappi, register or login.

Please provide a valid email address.

By registering, you agree to Forge’s Terms of Use. Already registered? Log in

Learn more about Rappi

Forge green plus iconForge green minus icon

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.
Forge green plus iconForge green minus icon

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.

Forge green plus iconForge green minus icon

Can you sell Rappi share pre-IPO?

If you own Rappi pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.

Forge green plus iconForge green minus icon

Is Rappi a publicly traded company?

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.

Forge green plus iconForge green minus icon

What is Rappi's funding to date?

Rappi has raised $1.96B to date.
Forge green plus iconForge green minus icon

When was Rappi founded?

Rappi was founded in 2015.

Who are Rappi's major investors?

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
Powered by Forge Data
Updated on: Nov 15, 2023

PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES

Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.