As of December 2022, investments raised by Colombia-based on-demand delivery service Rappi amounted to about 2.3 billion U.S. dollars. In addition to the billion dollar investment received by SoftBank in 2019, the unicorn has since raised a total of 950 million dollars. For its part, Brazilian competitor iFood had obtained almost 2.1 billion dollars in funding by that date, more than half raised from a Secondary Market round in August 2022. Launched in early 2020 amid the pandemic, Venezuela-born startup Yummy has since received funding of nearly 80 million U.S. dollars.
Most funded online food delivery companies in Latin America as of December 2022
(in million U.S. dollars)
Characteristic
Funding in million U.S. dollars
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active companies from the region offering online food and restaurant delivery services
Supplementary notes
* Acquired by Delivery Hero in June 2014.
** Founded by Venezuelan Vicente Zavarce, based in San Francisco, California.
*** Acquired by Just Eat in February 2015.
Date of release was not provided by the source, the publication date is the date of access.
Figures have been rounded.
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CrunchBase. (December 21, 2022). Most funded online food delivery companies in Latin America as of December 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1134061/most-funded-online-food-delivery-companies-latin-america/
CrunchBase. "Most funded online food delivery companies in Latin America as of December 2022 (in million U.S. dollars)." Chart. December 21, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1134061/most-funded-online-food-delivery-companies-latin-america/
CrunchBase. (2022). Most funded online food delivery companies in Latin America as of December 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1134061/most-funded-online-food-delivery-companies-latin-america/
CrunchBase. "Most Funded Online Food Delivery Companies in Latin America as of December 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 21 Dec 2022, https://www.statista.com/statistics/1134061/most-funded-online-food-delivery-companies-latin-america/
CrunchBase, Most funded online food delivery companies in Latin America as of December 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1134061/most-funded-online-food-delivery-companies-latin-america/ (last visited July 22, 2024)
Most funded online food delivery companies in Latin America as of December 2022 (in million U.S. dollars) [Graph], CrunchBase, December 21, 2022. [Online]. Available: https://www.statista.com/statistics/1134061/most-funded-online-food-delivery-companies-latin-america/
