On-Demand Delivery Unicorn Rappi
Chilefintech
Rappi is an on-demand delivery platform that connects users with delivery drivers for food, groceries, and other goods, solving the problem of convenient last-mile delivery in Latin America. The service operates through a mobile app where customers can order from local stores and restaurants, with drivers fulfilling deliveries in real time. Its primary customers are individual consumers in urban areas across multiple Latin American countries, including Colombia, Mexico, Brazil, Argentina, and Chile. The company gained significant traction, raising $1 billion from SoftBank's Latin American innovation fund, marking one of the largest investments in the region's startup ecosystem.
1 funding rounds tracked. Amounts, dates and investors are available to premium members.
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Key people
- Simón Borrero Co-founder & CEO