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Rappi Analysis: $1.4B Raised

What is Rappi?

Rappi is a delivery service that connects users with restaurants, supermarkets, and other essential services. Their unique approach focuses on rapid delivery across Santiago and all of Chile, ensuring convenience for customers. This service transforms how people access food and necessities, making it easier to order from a variety of local businesses.
Location
9013 Cra. 19a, Bogotá, Colombia
Employees
5001-10000
Founded
2015
Industry
Foodtech, Marketplace, Logistics

Product Features & Capabilities

  • Food delivery from local restaurants
  • Grocery delivery from supermarkets
  • Delivery of pharmacy items
  • Access to liquor stores
  • Delivery of personal care products.

Use Cases

Order meals from favorite restaurants quickly; Get groceries delivered in minutes; Receive pharmacy items at home; Access liquor and personal care products easily; Enjoy discounts on first orders.

How much Rappi raised

Pre-Seed - $120,000

March 2016
Lead Investor: Not specified

Seed - $120,000

January 2015
Lead Investor: Not specified

Series A - $9,000,000

November 2016
Lead Investor: Not specified

Series B - $52,765,447

December 2016
Lead Investor: Not specified

Series C - $130,000,000

January 2018
Lead Investor: Not specified

Series D - $200,000,000

August 2018
Lead Investor: Not specified

Series E - $1,000,000,000

April 2019
Lead Investor: Sequoia Capital, Delivery Hero, DST Global, Y Combinator

Other Considerations

Operates in nine countries across Latin America; Offers free delivery promotions for new users; Partners with over 40,000 businesses.

Financial Overview

$1.4BTotal Raised
Pre-Seed$120,000
March 2016
Investors: Not specified
Seed$120,000
January 2015
Investors: Not specified
Series A$9,000,000
November 2016
Investors: Not specified
Series B$52,765,447
December 2016
Investors: Not specified
Series C$130,000,000
January 2018
Investors: Not specified
Series D$200,000,000
August 2018
Investors: Not specified
Series E$1,000,000,000
April 2019
Investors: Sequoia Capital, Delivery Hero, DST Global, Y Combinator
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