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On-demand delivery company
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About the company
Rappi is a marketplace that provides online delivery services. It connects consumers who want to purchase goods with independent contractors who can fulfil those needs.
Valuation
$5.25B
Country
Colombia
Founded
2015
Lead investors
Sequoia Capital
Andreessen Horowitz
Y Combinator
Business highlights
1
The exclusive partnerships with 7-Eleven, Dairy Queen, Shake Shack, and others have aided Rappi's grip on the Mexican market.
2
The company also offers a cash withdrawal feature, allowing users to pay with credit cards and receive cash from one of Rappi's delivery agents.
3
In July 2021, Rappi launched a Visa credit card program for Brazilian users, including the RappiPrime Infinite and no-fee RappiGold, which offer a minimum of 3% cashback on Rappi purchases or at least 1% with other merchants. Rappi also intends to grow financial services in other markets.
Funding rounds
Management
CEO
Simón Borrero
CFO
Oscar Herrera
CTO
Fernando Cruz
Offering details
No share is too expensive. Start with only a fraction to build a balanced venture portfolio. Minimum investments – 0.1 share.
Deal terms
Open an account to get access to the share price
Documents
Fund Manager License
Fund License
Investment Management Agreement
Private Placement Memorandum