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Rappi
Rappi

Rappi

Late Stage Private

Rappi: Latin America's all-in-one delivery & financial services platform.

HQ
Bogotá, Bogotá, CO
Founded
2015
Accelerator
Y Combinator logoY CombinatorW16
Overview
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Fundraising
Employees
News

Rappi, founded in 2015 by Simón Borrero, Felipe Villamarin, and Sebastián Mejía, is a high-growth startup based in Bogotá, Colombia. The company aims to be the "everything store" of Latin America, offering on-demand delivery and financial services through its mobile app. Rappi connects users with contractors to fulfill orders for prepared foods, groceries, clothes, and more. The platform serves as a comprehensive marketplace, blending elements of DoorDash, Delivery, and Instacart.

Rappi has achieved significant milestones, including backing from top venture capital firms like Sequoia, DST, Andreessen Horowitz, and Y Combinator. By October 2018, the company generated $220 million in revenue and employed 1,500 people, with around 20,000 couriers. Rappi's impact on the logistics and financial services sectors in Latin America is profound, revolutionizing how consumers access goods and services.

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Rappi - Quick Facts

Who are Rappi's competitors?

Companies similar to Rappi include Yummy, Quik, Justo and Pronto.

When was Rappi founded?

Rappi was founded in 2015.

Where is Rappi's headquarters located?

Rappi's headquarters is located in Bogotá, Bogotá, CO.

How much has Rappi raised to-date?

As of Sep 30, 2022, Rappi has raised a total of $2.3B (USD).

How many employees does Rappi have?

Rappi has 4,800 employees as of Mar 14, 2024.

Rappi - Classification

Ownership
  • Private Equity
  • Venture Capital
Technology
  • Mobile
Geographic Exposure
  • Latin America
Model
  • Marketplace
  • Platform
Revenue
  • Transactional
Customer
  • Consumers
Main Product
  • Delivery
  • Financial Services
Tags
  • Fintech
  • On-Demand
NAICS
  • 490000Transportation and Warehousing
  • 492000Couriers and Messengers
  • 492100Couriers and Express Delivery Services
SIC
  • 7300Business Services
  • 7380Miscellaneous Business Services
  • 7389Business Services, Not Elsewhere Classified
Show 10 more industry codes
NAICS
  • 440000Retail Trade
  • 480000Transportation and Warehousing
  • 560000Administrative and Support and Waste Management and Remediation Services
  • 561000Administrative and Support Services
SIC
  • 4700Transportation Services
  • 5900Miscellaneous Retail
  • 4720Arrangement Of Passenger Transportation
  • 5990Retail Stores, Not Elsewhere Classified
  • 4729Arrangement Of Passenger Transportation, Not Elsewhere Classified
  • 5999Miscellaneous Retail Stores, Not Elsewhere Classified