Rappi Raises $500 million Series J

Rappi has raised $500M in Series J funding led by T. Rowe Price, with participation from T. Rowe Price, Invus. What does Colombia need more: Rappi or Labor Reform? The funds will be used to Expand RappiPay and launch Rappi Turbo 10-minute delivery.

What it does

What does Colombia need more: Rappi or Labor Reform? This addresses e-commerce Market Size, Share | Industry Report, 2035.

Traction

E-commerce Market Size, Share | Industry Report, 2035 The company is using its latest financing to scale, with the Series J round serving as the clearest current traction signal in the source bundle.

Trend impact

LatAm needed a super-app for delivery, payments, and more As adoption in Consumer & Marketplaces expands, focused products from Rappi can pressure incumbents or broader platforms that do not address the same problem directly.

Funding history

• July 1, 2021 · Series J · $500 million · T. Rowe Price

Products & services

• A look at super-apps in the United States - Deloitte. A look at super- capability
• United States - Deloitte capability
• Deloitte Bolt Bloodbath capability
• One-Third of Staff Fired As Company, Once Worth capability
• Struggles To Pay Its Bills - Fintech Business Weekly capability