Companies · Fintech

Rappi, Inc.Winter 2016Active

SAN FRANCISCO · Bogota, Colombia · Fintech · refined from filed group “Other Technology · founded 2016 · http://www.rappi.com

Diligence memoA one-page analyst read on Rappi, Inc. — recommendation, valuation, rhythm, risks.
$1.6B
Total raised · real
6
Rounds
3.2×
Latest step-up
Top 1%
Sector rank · raised
Growth/Late
Latest stage · inferred · Thu Jul 08 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Rappi, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the fintech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.27× the median modeled value of Growth/Late Fintech companies in 2019–2021 (5 peers) — value vs value, same stage and era.
  • Within the normal band (127% of peer median) for its niche.
Dormant
  • Last raise 5.0 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Fintech

Rappi, Inc. is one of 1063 Fintech companies tracked from SAN FRANCISCO, Bogota, Colombia, on record since 2016. By capital raised it ranks among the largest (ahead of 100% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

On-demand delivery and financial services for Latin America.

Rappi is a mega high growth, Series B, consumer tech StartUp looking to be the everything store of Latin America. We are a marketplace that connects users who want to purchase prepared foods, groceries, clothes, and more with contractors who fulfil them. Think of Rappi as a Doordarsh meets Delivery meets Instacart. We are venture backed by top VCs in the world including Sequoia, DST, Andreessen Horrowitz and YCombinator. Management consultant skills are highly valued and one of the founders and three of the company's top leaders are former top tier management consultants. We are across Argentina, Brasil, Mexico, Colombia and are aggressively growing in these markets and all throughout LatAm.

FintechDeliveryLatin America
Find Pide Comida a Domicilio y el Súper en línea online

Trades publicly as Pide Comida a Domicilio y el Súper en línea.

As reported in public records reported — not modeled.

CO
Jurisdiction
Rule 506(b)
Reg D exemption
24
Investors (latest)
2016
Year incorporated
2021-07-08
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0B$10.0B$15.0B$20.0BSeries C · 2016-12-16 Raised $53M (real) Modeled valuation $1.7B (est)Series C2016Series D+ · 2018-01-02 Raised $168M (real) Modeled valuation $5.5B (est)Series D+2018Series D+ · 2018-01-02 Raised $130M (real) Modeled valuation $4.2B (est)Series D+2018Series D+ · 2018-09-07 Raised $218M (real) Modeled valuation $7.1B (est)Series D+2018Growth/Late · 2019-05-07 Raised $475M (real) Modeled valuation $16.0B (est)Growth/Late2019Growth/Late · 2020-09-08 Raised $156M (real) Modeled valuation $5.0B (est)Growth/Late2020Growth/Late · 2021-07-08 Raised $496M (real) Modeled valuation $13.3B (est)Growth/Late2021+$168M+$130M+$218M+$475M+$156M+$496MCumulative $1.7B

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series C$52.8M · 2016
Series D+$167.6M · 2018
Series D+ extension$130.0M · 2018
Series D+ extension$217.5M · 2018
Growth/Late$475.0M · 2019
Growth/Late extension$155.9M · 2020
Growth/Late extension$496.1M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 43%.

Modeled valuation trajectory
$13.3B
Base estimate est.
$3.7B
Conservative case
$21.9B
Upside case
$5.0B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Series C · modeled $1.7B · 2016-12-162016Series D+ · modeled $5.5B · 2018-01-02Series D+ · modeled $4.2B · 2018-01-02Series D+ · modeled $7.1B · 2018-09-07Growth/Late · modeled $16.0B · 2019-05-07Growth/Late · modeled $5.0B · 2020-09-08Growth/Late · modeled $13.3B · 2021-07-082021
Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
86%
Survival probability
75% low · 93% high
1.25×/yr
Annual markup
1.37×/yr upside case
5.0 yr
Elapsed time used
5.0 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$343.3M/yr
Capital velocity
9.5 yr
On record since
2016
First round
7
Rounds on file
How it compares to the market

Benchmarked against 1063 companies in Fintech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 364× above median
This company$1.6B
Sector median$4.3M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 3.2× above median
This company$496.1M
Sector median$155.9M
Modeled value — vs sector median (estimate, all stages) 294× above median
This company$13.3B
Sector median$45.0M

Raised more than 100% of sector peers (real $). Modeled value above 100% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #2 of 5.

This companyCohort peer
$100.0M$1.0B$10.0B$100.0B$10.0M$100.0M$1.0B$10.0BCapital raised (log)Bill.com Holdings, Inc. · Growth/Late Raised $1.7B · modeled $46.3B (est)FTX Trading Ltd. · Growth/Late Raised $1.3B · modeled $10.4B (est)MNT-Halan · Growth/Late Raised $120.0M · modeled $3.1B (est)Adumo · Growth/Late Raised $15.0M · modeled $431.7M (est)Rappi, Inc. (this company) Raised $1.6B · modeled $13.3B (est)Rappi, Inc.
CompanyStageRaised · realValue · estvs peer med.
Bill.com Holdings, Inc.Growth/Late$1.7B$46.3B4.44×
Rappi, Inc. this companyGrowth/Late$1.6B$13.3B1.27×
FTX Trading Ltd.Growth/Late$1.3B$10.4B1.00×
MNT-HalanGrowth/Late$120.0M$3.1B0.30×
AdumoGrowth/Late$15.0M$431.7M0.04×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series C$52.8M2016-12-16$351.8M$1.7B90%
Series D+$167.6M2018-01-02$1.4B$5.5B90%
Series D+$130.0M2018-01-02$1.1B$4.2B90%
Series D+$217.5M2018-09-07$1.8B$7.1B90%
Growth/Late$475.0M2019-05-07$4.7B$16.0B90%
Growth/Late$155.9M2020-09-08$1.6B$5.0B90%
Growth/Late$496.1M2021-07-08$5.0B$13.3B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series C$52.8M2016-12-16
    • First recorded raise — entered as Series C.
    • 52 investors on this round.
  2. Series D+$167.6M2018-01-02
    • Raised 13 mo later, in step with the ~12 mo sector norm.
    • Round 3.2× larger than the prior — scaling up.
    • 18 investors on this round.
  3. Series D+$130.0M2018-01-02
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 11 investors on this round.
  4. Series D+$217.5M2018-09-07
    • Raised 8 mo later, in step with the ~12 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 12 investors on this round.
  5. Growth/Late$475.0M2019-05-07
    • Raised 8 mo later, in step with the ~12 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • 5 investors on this round.
  6. Growth/Late$155.9M2020-09-08
    • Raised 16 mo later, in step with the ~12 mo sector norm.
    • Round 3.0× smaller than the prior — bridge or down round.
    • 77 investors on this round.
  7. Growth/Late$496.1M2021-07-08
    • Raised 10 mo later, in step with the ~12 mo sector norm.
    • Round 3.2× larger than the prior — scaling up.
    • 24 investors on this round.
Intelligence
2022 ~Q2
Modeled next raise · ~9mo cadence
$1.5B
Modeled next size est.range $967.4M$2.4B
3.2×
Last step-up
$343.3M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Jeff Housenbold4 other2019-05
Felipe Villamarin1 other2016-12
Simon Borrero1 other2016-12
Lars Niklas Ostberg2019-05
Michael Abramson2016-12
Ralf Wenzel2018-01
Sebastian Mejia2016-12
Registry & provenance

Rappi, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
CO
Jurisdiction
1693234
SEC CIK
2016
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
FTX Trading Ltd.FintechGrowth/Late$1.3B$10.4Bsame sector · same stage
Metropolis Technologies, Inc.FintechGrowth/Late$1.2B$14.5Bsame sector · same stage
Katerra Inc.Mobility / LogisticsGrowth/Late$1.2B$16.0Bnetwork1 shared operator · same stage
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Frubana IncFintechSeries D+$275.0M$358.3Mnetwork1 shared operator · same sector
Deel, Inc.FintechGrowth/Late$509.4M$36.8Msame sector · same stage
MNT-HalanFintechGrowth/Late$120.0M$3.1Bsame sector · same stage
FawryFintechGrowth/Late$51.0M$1.2Bsame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
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Grin, Inc.
Mobility and payments platform for Latin America
FintechSeries C$1.5B74%
GovernGPT
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Frequently asked
How much funding has Rappi, Inc. raised?
Rappi, Inc. has raised approximately $1.6B in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Rappi, Inc.'s estimated valuation?
Provath's modeled valuation for Rappi, Inc. is approximately $13.3B (modeled range $3.7B–$21.9B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Rappi, Inc. at?
Rappi, Inc.'s latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Thu Jul 08.
What does Rappi, Inc. do and where is it based?
Rappi, Inc. operates in the Fintech sector, based in SAN FRANCISCO, Bogota, Colombia. On-demand delivery and financial services for Latin America.
Explore related

See where Rappi, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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