T. Rowe Price led a USD500m Series F round for Colombian on-demand delivery startup Rappi at a reported USD5.25b valuation, with participation from SoftBank, GIC, Baillie Gifford, Third Point, and…
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Rappi raised US$300m from T. Rowe Price Associates and other undisclosed parties. Previous investors in Rappi include SoftBank, Andreesen Horowitz, DST Global, Sequoia Capital, and Y Combinator. (Nasdaq) Colombian all-purpose delivery…
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Sign up for the Latin American Private Capital Update, a bi-weekly email featuring industry news, research, events, and updates on investors from private equity, venture capital, real estate, infrastructure, and…
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SoftBank will invest US$1b in Colombian delivery app Rappi, split 50/50 between SoftBank’s Vision Fund and the new SoftBank Innovation Fund. Rappi is the first investment from the US$5b Innovation…
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Rappi acquired Payit, a Mexican blockchain-based payments platform, for an undisclosed amount. (La Republica) La plataforma colombiana de entrega de pedidos a domicilio, Rappi, adquirió la startup mexicana de pagos…
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Sign up for the Latin American Private Capital Update, a bi-weekly email featuring industry news, research, events, and updates on investors from private equity, venture capital, real estate, infrastructure, and…
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DST Global led a US$200m investment round in Colombian on-demand delivery startup, Rappi, which is now valued north of US$1b, as first reported by Axios. (TechCrunch) Rappi, the Colombian on-demand delivery…
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UPDATE: Bloomberg reports that as of February 27, 2018 Rappi has raised US$185m from Delivery Hero, Sequoia Capital & Andreessen Horowitz, among others. Undisclosed investors made a US$130m investment in Rappi,…
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After raising capital from local investors, Colombian delivery startup Rappi, co-founded by Simón Borrero, Sebastian Mejia, and Felipe Villamarin, raised over US$9m from international VCs in April 2016. Investors included…
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Andreessen Horowitz invested an undisclosed amount in Rappi, a Colombian grocery delivery service. This is Andreessen Horowitz’ first investment in Latin America. Redpoint e.Ventures invested previously.
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