# Rappi S.A.S

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rappi-s-a-s

- Industry: Consumer Services
- Headquarters: Mexico City, Mexico
- Website: www.rappi.com.mx
- Total disclosed funding: $1.5B
- Latest round: Series F (Jul 8, 2021)
- Investors on record: 32

## About

Founded in 2016 and based in Bogotá, Colombia, Rappi S.A.S (Rappi) is a consumer technology company that provides online delivery services. The company has operations in Columbia, Brazil, Mexico, Argentina, Chile, Uruguay, Peru, Ecuador, and Costa Rica and more than 250 cities in Latin America as of mid-2021. The firm was founded by Felipe Villamarin, Sebastian Mejia, and Simon Borrero. In July 2021, Rappi raised over USD 500 million in series F funding led by returning investors T. Rowe Price, with participation from returning investors Andreessen Horowitz, DST Global, Sequoia Capital, Softbank Capital, and Y Combinator. 

Rappi operates an online marketplace for customers to buy products and services and receive home delivery across multiple categories, like medical, health, grocery, restaurants, pharmacies, beverages, and professional services, among others. In addition, the application has a virtual wallet, RappiPay, where users can make peer-to-peer transfers and payments. The company also offers a cash withdrawal feature, allowing users to pay with credit cards and then receive cash from one of Rappi’s delivery agents.

The company plans to strengthen the application's service offering such as through deliveries in minutes supported by small supply centers, and also plans to continue to expand its financial services.

## Funding rounds

- Series F, Jul 8, 2021, $496M — Hong Shan, T Rowe Price, GIC, Softbank Capital, Third Point, Baillie Gifford, Andreessen Horowitz, DST Global, Y Combinator, Octahedron Capital Management
- Series E, Sep 8, 2020, $156M — T Rowe Price, Andreessen Horowitz, DST Global, SoftBank Group, Y Combinator, Delivery Hero SE, Sequoia Capital Operations, Llc
- Series D, May 7, 2019, $475M — SB Investment Advisers, Softbank Latin America Ventures
- Series C, Sep 7, 2018, $218M — Hong Shan, Andreessen Horowitz, DST Global
- Series B, Jan 2, 2018, $130M — Andreessen Horowitz, Floodgate, Endeavor Catalyst, Delivery Hero SE, FJ Labs, Redpoint eVentures, ONEVC
- Series A, Jun 29, 2017 — FJ Labs
- Series A, Dec 16, 2016, $53M — Redpoint Ventures, Hong Shan, Foundation Capital, Monashees, Andreessen Horowitz, Floodgate, DST Global, Burch Creative Capital, FJ Labs, ZX Ventures
- Seed, Apr 15, 2016 — XG Ventures, Plug and Play, StartCaps Ventures, Streamlined Ventures, Soma Capital Management, FJ Labs, Palm Drive Capital, Redpoint eVentures, S2 Capital

## Investors

- XG Ventures (https://capitalatlas.ai/funds/xg-ventures) — Seed
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- StartCaps Ventures (https://capitalatlas.ai/funds/startcaps-ventures) — Seed
- Streamlined Ventures (https://capitalatlas.ai/funds/streamlined-ventures) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed, Series A, Series B
- Palm Drive Capital (https://capitalatlas.ai/funds/palm-drive-capital) — Seed
- Redpoint eVentures (https://capitalatlas.ai/funds/redpoint-eventures) — Seed, Series B
- S2 Capital (https://capitalatlas.ai/funds/s2-capital) — Seed
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series A
- Hong Shan — Series A, Series C, Series F
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series A
- Monashees (https://capitalatlas.ai/funds/monashees) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B, Series C, Series E, Series F
- Floodgate (https://capitalatlas.ai/funds/floodgate) — Series A, Series B
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series A, Series C, Series E, Series F
- Burch Creative Capital (https://capitalatlas.ai/funds/burch-creative-capital) — Series A
- ZX Ventures (https://capitalatlas.ai/funds/zx-ventures) — Series A
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series B
- Delivery Hero SE — Series B, Series E
- ONEVC (https://capitalatlas.ai/funds/onevc) — Series B
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series D
- Softbank Latin America Ventures (https://capitalatlas.ai/funds/softbank-latin-america-ventures) — Series D
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series E, Series F
- SoftBank Group — Series E
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series E, Series F
- Sequoia Capital Operations, Llc — Series E
- GIC — Series F
- Softbank Capital (https://capitalatlas.ai/funds/softbank-capital) — Series F
- Third Point (https://capitalatlas.ai/funds/third-point) — Series F
- Baillie Gifford (https://capitalatlas.ai/funds/baillie-gifford) — Series F
- Octahedron Capital Management — Series F