30

2020:
The Promises

of Business

RAPPI

AN ENTREPRENEURSHIP

WITH SOCIAL IMPACT

The solution of a

problem
The platform was developed with a

Rappi has become an on demand delivery - "

make difficult things easier for users "
" "
service for everything in seven Latin American mentality For each business .
.
countries Rappi was born with the aim of transaction Rappi collects a , 15%
helping cities to be more efficient take care of , commission and pays Rappitenderos

the environment and improve the quality of life the delivery fee paid by customers ,
of citizens . which supports them financially and

incentivizes others to join the Rappi

family .

MILESTONES

. ,
Rappi the first Colombian company to

achieve a US $1 ,
billion valuation earning the High impact
,
unicorn designation has been a source of
entrepreneurship
inspiration and transformation in the business

ecosystem
Rappi has not been the only undertaking by Simón and

. ,
Sebastián In fact although the company is also part of

,
our Network the entrepreneurs were selected as

Endeavor Entrepreneurs by Grability an organization ,

that offers other companies to sell their products

through a new channel that allows them to generate

. ,
extra income Additionally Grability provides the end

consumer with an innovative online experience that

solves the problems associated with shopping for food

-
on traditional e commerce platforms .

Growth and

Expansion Opportunities that

build country
With four years in the market Rappi has ,
managed to consolidate a constant The Rappitenderos are people of very diverse

growth of 20% per month and has

independent characteristics who have found in Rappi

50,000
the possibility and generate extra income to make
reached nearly allies in Latin their personal and professional projects come true .
,
America who have seen the platform as Many of them have managed to continue their studies ,
, .
the perfect ally to boost their business . finish them or even create their own businesses

Few know that since 2016 the platform has provided

an insurance policy that protects Rappitenderos

against accidents that may be caused .

Innovation and
IMPACT IN
Investment
COLOMBIA

Rappi has managed to accelerate its

growth exponentially and has raised capital Added to this are the investments of large investment

from prominent investment funds in Silicon

funds such as DST Global Andreessen Horowitz and ,
, 2018
.
Valley It became part of the accelerator “
Y
Sequoia Capital which in

200
invested a sum that

”
exceeded million dollars to finance its growth and
Combinator and was classified as one of
expansion .
the most innovative apps in the world . ,
Thanks to Rappi today the eyes of the most important

investors are Colombia and the region managing to ,

bring foreign capital to be used in the generation of

local wealth and the dynamization of the country s '

entrepreneurial ecosystem .