About Rappi
Rappi is a company based in Mexico City (Mexico) founded in 2015 by Simon Borrero, Felipe Villamarin, and Sebastian Mejia.. Rappi has raised $2.46 billion across 15 funding rounds from investors including Amazon, SoftBank and Delivery Hero. Rappi offers products and services including Delivery App, Grocery Service, and Food Ordering. Rappi operates in a competitive market with competitors including DoorDash, Glovo, iFood, JOKR and Delivery Hero, among others.
- Headquarter Mexico City, Mexico
- Founders Simon Borrero, Felipe Villamarin, Sebastian Mejia
- Stage Unicorn
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Sectors
ConsumerRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Rappi Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.46 B (USD)
in 15 rounds
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Latest Funding Round
$25 M (USD), Series F
Sep 08, 2025
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Investors
Amazon
& 27 more
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Employee Count
Employee Count
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Products & Services of Rappi
Rappi offers a comprehensive portfolio of products and services, including Delivery App, Grocery Service, and Food Ordering. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for on-demand ordering and delivery of food and groceries.
Service for online grocery ordering with fast home delivery.
Platform for restaurant food delivery and pick-up options.
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Product Management Team
26 people
Operations Team
23 people
Finance and Accounting
17 people
Leadership Team
12 people
Head Team
10 people
Human Resources and Administration
9 people
Software Development Team
9 people
Sales and Marketing
6 people
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Funding Insights of Rappi
Rappi has successfully raised a total of $2.46B across 15 strategic funding rounds. The most recent funding activity was a Series F round of $25 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 15
- Last Round Series F — $25.0M
- First Round First Round
- Investors Count 28
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series F - Rappi | Valuation |
investors |
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| Aug, 2025 | Amount | Debt – Conventional - Rappi | Valuation |
investors |
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| Oct, 2022 | Amount | Debt – Conventional - Rappi | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rappi
Rappi has secured backing from 28 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Amazon, SoftBank and Delivery Hero. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rappi
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Rappi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rappi Comparisons
Competitors of Rappi
Rappi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DoorDash, Glovo, iFood, JOKR and Delivery Hero, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Food and grocery deliveries are facilitated through an app-based platform.
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| domain | founded_year | HQ Location |
Online marketplace offering multi-category grocery products
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| domain | founded_year | HQ Location |
Food and market delivery services are provided by iFood.
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| domain | founded_year | HQ Location |
Multi-category grocery products are delivered via an online platform.
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| domain | founded_year | HQ Location |
Food ordering and delivery services are facilitated online.
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| domain | founded_year | HQ Location |
Online platform to order groceries
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rappi
Frequently Asked Questions about Rappi
When was Rappi founded?
Rappi was founded in 2015.
Where is Rappi located?
Rappi is headquartered in Mexico City, Mexico.
Who is the current CEO of Rappi?
Simon Borrero is the current CEO of Rappi. They have also founded this company.
Is Rappi a funded company?
Rappi is a funded company, having raised a total of $2.46B across 15 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $112M, raised on Jun 01, 2015.
What does Rappi do?
Rappi was founded in 2015 and is headquartered in Mexico City, Mexico. An online platform is operated in the delivery sector, where food from nearby restaurants is ordered and delivered. Additional services for purchasing medicines, liquor, groceries, and more are provided through a mobile application available on Android and iOS. Operations focus on urban areas across Latin America.
What products or services does Rappi offer?
Rappi offers Delivery App, Grocery Service, and Food Ordering.
Who are Rappi's investors?
Rappi has 28 investors. Key investors include Amazon, SoftBank, Delivery Hero, Santander, and SoftBank Group.
What is Rappi's valuation?
The valuation of Rappi is $5.25B as of Jul 2021.
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