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Announced

T. Rowe Price led a $300m investment round in Rappi.

Synopsis

T. Rowe Price led a $300m investment round in Rappi, a Colombian all-purpose delivery app, with participation from Sequoia Capital, Delivery Hero and SoftBank. “We are happy to work with this team of investors who trust our growth model, who believe in our region and the role we are playing,” Rappi.

Principals

RAPPI

target

RAPPI

T. Rowe Price Group

bidder

T. Rowe Price Group

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Market Context

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Simón Borrero

Simón Borrero

ManagerCEO at RAPPI
Deal Bio
Total Deals
2/
Total Value
£600M
William J. Stromberg

William J. Stromberg

InvestorCEO at T. ROWE PRICE GROUP INC
Deal Bio
Total Deals
98/
Total Value
£79,226M
Michael Abramson

Michael Abramson

InvestorPartner at SEQUOIA CAPITAL
Deal Bio
Total Deals
1/
Total Value
£236M
Niklas Ostberg

Niklas Ostberg

ManagerCEO at DELIVERY HERO SE
Deal Bio
Total Deals
20/
Total Value
£9,048M
Jeffrey T. Housenbold

Jeffrey T. Housenbold

InvestorManaging Partner at SOFTBANK GROUP CORP
Deal Bio
Total Deals
8/
Total Value
£1,441M

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