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Raising — $150MSeries C PlusVetted

Rappi Demo.

Everything you need, in minutes — Latin America's super-app for on-demand commerce.

Bogotá, Colombiarappi.comFounded 2015

About this startup

What we're building

Rappi started in 2015 as a grocery-delivery app in Bogotá and grew into Latin America's largest on-demand platform. Today, a single tap connects 30M+ users with restaurants, supermarkets, pharmacies and financial services across 9 countries.
B2CB2B2CE-commerceFoodtechLogistics

Team

Founders & leadership

SB

Simón Borrero

Co-founder & CEO

Industrial designer; previously co-founded Imaginamos.

SM

Sebastián Mejía

Co-founder & President

Led international expansion across México, Brazil and the Southern Cone.

Cap table

Backed by

Current round

Now raising

Series G — Bridge
Open
Co-lead committed — seeking participation
Round size
$150M
Valuation cap
$4.8B
Min ticket
$5M
Target close
Q3 2026

Series G — Bridge. Co-lead committed, seeking participation.

Use of funds

  • Product & engineering: expand Turbo dark-store network to 50 new cities
  • Fintech growth: scale RappiPay credit book across México and Colombia
  • Market expansion: enter Panamá and República Dominicana

Product

See it in motion

Sub-30-min delivery

Rappi Turbo leverages a network of strategically placed dark stores to guarantee grocery and convenience delivery in under 30 minutes — or your order is free.

Fintech-native

RappiPay, RappiCredits, and the Rappi card turn every purchase into a financial touchpoint — serving 5M+ users with credit, savings, and instant transfers.

9 countries, one platform

A single unified tech stack powers localized experiences across Colombia, México, Brasil, Argentina, Chile, Perú, Ecuador, Uruguay, and Costa Rica.

Traction

By the numbers

Monthly active users
30M++24% YoY
Gross merchandise value
$3.8B+31% YoY
Active couriers
200K+18% YoY
Partner merchants
200K+12% YoY
Avg delivery time
27 min−14% YoY
Take rate
18.4%+1.2pp YoY

Milestones

The journey so far

  1. 2015

    Founded in Bogotá as a grocery-delivery startup; first 100 orders in Week 1.

  2. 2016

    Raised $4M seed. Expanded to Medellín and launched restaurant delivery.

  3. 2017

    Series A ($53M). Entered México and Brazil; reached 1M monthly users.

  4. 2018

    Series C ($200M led by SoftBank). Launched RappiPay and RappiCredits fintech products.

  5. 2019

    Unicorn status at $3.5B valuation. Expanded to 9 countries across LATAM.

  6. 2021

    Series F ($500M). Launched Rappi Turbo — sub-10-minute grocery delivery in dark stores.

  7. 2025

    30M MAUs, $3.8B GMV, profitability in 6 markets. Opening Series G Bridge round.

Press

In the news

Looking for

How you can help

Capital

Seeking $150M Series G Bridge from institutional investors with LATAM thesis. Minimum ticket $5M.

Strategic intros

Warm introductions to Fortune 500 retail and grocery chains exploring last-mile partnerships in Latin America.

Talent

Senior engineering talent in ML/recommendation systems and fintech compliance roles across Bogotá and Mexico City.

Customers

Enterprise clients in FMCG, pharma, and financial services looking to reach 30M+ consumers on-demand.

Ready to back Rappi Demo?

Join the LATAM investors and operators already connecting through Startuplinks.

Get started

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