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Rappi company logo
Corporation
MOBILE & TELECOMMUNICATIONS | Mobile Commerce / Food & Grocery
rappi.com

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Founded Year

2015

Stage

Series G | Alive

Total Raised

$2.248B

Valuation

$0000 

Last Raised

$500M | 4 mos ago

About Rappi

Rappi develops an all-purpose delivery application that aims to be the personal assistant for its users. Through the platform, it is possible to buy products of different categories including restaurants, supermarkets and beverages. In addition, the application has a virtual wallet, RappiPay, where it is possible to make transfers and even payments in establishments.

Rappi Headquarter Location

Calle 93 # 19-58

Bogota, 110221,

Colombia

+573166923668

Latest Rappi News

Scottish Mortgage invests in three blockchain companies, a fungus developer, battery recycler and many more

Nov 22, 2021

A huge sale of Amazon shares helped fund the shopping spree Scottish Mortgage Investment Trust PLC (LSE:SMT) ’s half-year report details over a dozen new investments in exciting startups over the period, including cryptocurrency platforms, sustainability related additions, as well as follow-on funding for Elon Musk’s SpaceX and EV battery maker Northvolt. Providing details on its portfolio changes for the end of September, the FTSE 100-listed investment fund showed how a very timely investment in vaccine breakthrough star Moderna provided a big boost to its performance, helping offset falls for Chinese giants Tencent Holdings and Alibaba. The stake in MRNA star Moderna contributed a huge 7.2% of the trust’s absolute performance in the half-year, with the stake worth £1.94bn at the end versus £0.65bn at the start. Other big contributors were Dutch semiconductor giant ASML, at 1.4%; Ginkgo BioWorks Inc, the Boston-based biotech that listed in New York in September via a ‘blank cheque’ merger, at 2.1%; chip colossus Nvidia Corporation, at 1.2%; London newcomer Wise PLC (LSE:WISE) , at 1.1%; Tesla Inc (NASDAQ:TSLA) at 0.7% and Illumina (NASDAQ:ILMN) at 0.6%. While Illumina (NASDAQ:ILMN) , ASML, Tesla, Nvidia, Ginkgo BioWorks and Wise are all relatively long-term holds for the Scottish Mortgage team, all of them having been in the portfolio for over five years, Moderna has been held less than two years and is now the largest single holding. What’s more there was a large number of new additions in the period that shareholders will hope can produce even a fraction of the same impact. Two of these are Blockstream Corporation Inc, a Canadian provider of blockchain technologies; and London-based Blockchain.com, a cryptocurrency wallet provider and exchange, where the trust owns stakes valued at £78mln and £75mln respectively. There was also investments of around £74mln in Rappi Inc, a Colombian delivery app reported to be planning an initial public offering for 2022; Redwood Materials, a US battery recycling startup looking to supply up to 1mln electric vehicles a year by 2025; and Solugen Inc, a company that looks to use renewables such as sugar and corn syrup to replace the petroleum, natural gas and phosphates used by chemicals companies to make products. Other included £50mln-plus stakes in Bolt Threads Inc, which is looking to make fake leather from mycelium fungus ; Capsule Corp, a French startup that is using the Polkadot blockchain protocol to create crypto time capsules called Ternoa ; and Databricks Inc, an AI company that has created what it calls the ‘data lakehouse’. Small-statured, big impact. Mycelium, the root-like structure of mushrooms, is a lifesource to our entire environment – holding the planet together with a network of thread-like structures, providing nutrients to plants and trees – and serving as the key ingredient to make Mylo™ pic.twitter.com/zydroIKHk3

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Expert Collections containing Rappi

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Rappi is included in 6 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

3,986 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

U

Unicorns- Billion Dollar Startups

917 items

O

On-Demand

1,239 items

P

Payments

1,721 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

F

Food & Beverage Delivery (Grocery & Meal)

1,384 items

Startups and tech companies offering online grocery, food, beverage, and meal delivery services.

F

Fintech

3,198 items

Excludes US-based companies

Rappi Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Rappi Rank

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