Sebastian Mejia

Co-founder & President, Rappi; Partner, Rebel Fund at rappi

Reviewed Updated May 1, 2026

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Location Miami, Florida / Bogotá, Colombia
Check Size Undisclosed (angel)
Last Verified Investment Cercli (Seed ($4M)) — Sep 2, 2024
Social @sebasmejia LinkedIn
Stage Focus
seed series-a
Sector Focus
fintech logistics consumer latam marketplaces

Background

Sebastian Mejia is a Colombian entrepreneur and angel investor, best known as a co-founder and President of Rappi, the Latin American on-demand delivery and financial services super app 1 2. Rappi was founded in August 2015 in Bogotá, Colombia by Mejia together with Simón Borrero and Felipe Villamarín 1 3. The team had previously worked together on Grability, a mobile grocery-shopping platform, and pivoted to Rappi after users repeatedly requested “favores” — small errands like ATM runs or pet-food deliveries — through Grability’s feedback channel 3.

Rappi entered Y Combinator’s Winter 2016 batch and subsequently closed a seed round including Andreessen Horowitz, monashees+, Foundation Capital, Floodgate and FJ Labs 3. Sequoia Capital lists Mejia as a founder it has partnered with since 2016 4. Rappi reached unicorn status with a $200M Series D in August 2018 and, in April 2019, raised a $1B round led by SoftBank that valued the company at $3.5B 1. The company has since raised additional rounds, including a $500M Series F in 2021 at a $5.25B valuation and a $25M Series F extension reported on September 8, 2025 1 5. Co-founder Simón Borrero said in late 2024 that the company would be “IPO-ready in about a year” and, in late 2025, that Rappi had been profitable for four consecutive quarters and did not need new private capital 5.

In 2019, Bloomberg named Mejia to its “Bloomberg 50” list, citing Rappi for “transforming Latin America” 1.

Mejia is also listed as a Partner at Rebel Fund, a syndicate of Y Combinator alumni founders that invests in YC-batch companies 6. Outside Rappi, he is an active angel investor in Latin American and U.S. startups, with secondary sources describing a portfolio of over twenty companies across fintech, logistics, and digital services 7 8.

Stated Thesis

Mejia has not published a formal angel-investing thesis. His public commentary focuses on building consumer and fintech businesses in Latin America. From a Sacra interview dated May 12, 2021, he framed Rappi’s positioning as:

“Rappi is the only truly multi-vertical, only truly local company that it’s run by founders and a local executive team.” 9

On the structural opportunity in the region:

“Latin America has the same GDP per capita and half of the population of China, then why not try to build [like Meituan]” 9

On the role of fintech inside a commerce business:

“every commerce company needs to understand the fintech component of its business” 9

These statements suggest a preference for category-defining, founder-led, multi-product businesses tailored to Latin America, with fintech rails embedded in commerce — themes that recur in his angel checks (Jeeves, Clara, Latitud, Examedi) 7 10.

Inferred Thesis

Sample size caveat: only a handful of angel investments are confirmed by name in contemporaneous sources or aggregator profiles. Tracxn lists 11 total angel investments for Mejia, of which 4 are individually dated on the public profile 11. The sample is too small to support precise sector or stage percentages; the analysis below is qualitative.

Pattern from publicly traceable deals:

  • Latin America and U.S./Latam-cross-border bias. Confirmed checks include Examedi (Chilean healthtech) 7, Jeeves (Mexico-headquartered, cross-border expense management) 10, Clara (Latam corporate spend) 7, Beek (Latam audiobook/content) 8 11, and Latitud (Latam pre-seed accelerator/fund) 7 12. Cercli, his most recent disclosed angel check, is a 2024 seed-stage company 11.
  • Fintech and B2B SaaS over pure consumer. Of the named investments, Jeeves and Clara are spend-management fintech, Cercli is enterprise SaaS, and Latitud is a fund/community vehicle. Despite Rappi being a consumer brand, Mejia’s angel checks skew toward business-facing infrastructure rather than direct-to-consumer apps.
  • Founder networks: Latam unicorn operators. Mejia repeatedly co-invests with a cohort of Latin American operator-angels — David Vélez (Nubank), Carlos García Ottati (Kavak), Daniel Vogel (Bitso), Florian Hagenbuch (Loft), and others — most visibly in the 2021 Jeeves angel round announced by Andreessen Horowitz 10.
  • Operator-stage investor. Mejia remains an active operator as Rappi’s President 2 4, which constrains his angel deal volume. Verified checks typically appear inside larger institutional rounds rather than as lead checks.
  • Most recent confirmed activity: September 2024 (Cercli seed) 11. Active-investor signal is moderate; an earlier exit, Payflow, is listed as acquired in March 2022 11.

Active investor signal: moderate. Mejia is operating a still-private super app and writing occasional angel checks alongside other Latam founder-investors. Founders should expect participation in syndicates rather than lead checks, and a strong preference for Latin America-relevant business models.

Portfolio

Company Year Stage Source
Jeeves 2021-06-02 Series B angel participation (alongside David Vélez, Carlos García, Daniel Vogel, William Hockey, et al.; round led by a16z) 10
Latitud ~2022 Seed ($11.5M); also LP in Latitud Ventures 12 7
Examedi ~2022 Angel (Chilean home medical services) 7
Clara ~2021-2022 Angel (Latam corporate spend) 7
Beek 2023-02-02 Series A ($13M) — Tracxn-listed 11
Bia 2022-07-27 Seed ($6M) — Tracxn-listed 11
LitHealth 2022-11-09 Seed ($4.07M) — Tracxn-listed 11
Cercli 2024-09-02 Seed ($4M) — Tracxn-listed 11
Payflow Exited 2022-03 (acquired) — Tracxn-listed Angel 11

Tracxn lists 11 total angel investments for Mejia; 4 carry individual dates on the public profile and are reproduced above 11. Several other named portfolio companies (Examedi, Clara, Latitud) appear in press and aggregator descriptions without precise dates 7 12. Readers should assume the true portfolio is somewhat larger than the verified rows above.

In Their Own Words

On multi-verticality and local founder-led companies (Sacra interview, May 12, 2021):

“Rappi is the only truly multi-vertical, only truly local company that it’s run by founders and a local executive team.” 9

On Latin America’s scale opportunity (same Sacra interview):

“Latin America has the same GDP per capita and half of the population of China, then why not try to build [like Meituan]” 9

On fintech-commerce integration:

“every commerce company needs to understand the fintech component of its business” 9

On focus and resource allocation:

“we focus 95% of our resources on driving the flywheel of our business… and there’s another 5% of things that are more experimental” 9

On COVID’s effect on digital commerce:

“The secular trends of the digitalization of commerce were very clear five years ago when we started. It just happened faster.” 9

Mejia has also been a guest on the Latitud podcast with Brian Requarth (Vamos Latam Summit fireside chat) and Invest Like the Best with Patrick O’Shaughnessy (July 29, 2021); neither transcript was independently accessible at time of research, so direct quotes from those appearances are not included here 13 14.

What Founders Say

No independently sourced founder testimonials specifically about working with Sebastian Mejia as an angel investor were found after dedicated searching. His angel checks have generally been components of larger institutional rounds (e.g., the a16z-led Jeeves round in 2021 10), and portfolio founders’ public statements at funding events have credited their lead investors rather than individual angels.

Connections

  • Rappi co-founders — Simón Borrero (CEO) and Felipe Villamarín. Co-founded Rappi in 2015; the three have built and operated the company together since 1 3.
  • Y Combinator (Winter 2016 batch). Rappi went through YC W16 3. Mejia is listed as a partner at Rebel Fund alongside other YC-alum founder-investors including Steve Huffman (Reddit), Daniel Kan (Cruise), Max Mullen (Instacart), Trip Adler (Scribd) and Dan Siroker (Optimizely) 6.
  • Sequoia Capital — Andrew Reed. Sequoia’s founder page lists Mejia as a partner since 2016 (Rappi is a Sequoia portfolio company), with Andrew Reed named as the partner 4.
  • Andreessen Horowitz. Co-investor in Rappi’s seed round and the Jeeves Series B (June 2021) in which Mejia participated as an angel 3 10.
  • SoftBank. Lead investor in Rappi’s April 2019 $1B round, valuing the company at $3.5B 1.
  • Latam founder-angel cohort. Mejia co-invested in Jeeves alongside David Vélez (Nubank), Carlos García Ottati (Kavak), Daniel Vogel (Bitso), William Hockey (Plaid), Courtney McColgan (Runa), John Kim (Sendbird), Ricardo Weder (Justo), and Florian Hagenbuch (Loft) — a recurring Latin American operator-angel network 10.
  • Latitud — Brian Requarth. Mejia invested in Latitud’s $11.5M seed round and is an LP in Latitud Ventures; he has appeared on Requarth’s Latitud podcast at Vamos Latam Summit 12 13.

Sources

  1. “Rappi,” Wikipedia, accessed May 2026. https://en.wikipedia.org/wiki/Rappi↩↩↩↩↩↩↩

  2. “Sebastian Mejia — Co-founder & President @ Rappi,” Crunchbase Person Profile, accessed May 2026. https://www.crunchbase.com/person/sebastian-mejia↩↩

  3. “Q&A with Felipe Villamarin, Simon Borrero and Sebastian Mejia, Cofounders of Rappi,” Y Combinator blog, accessed May 2026. https://www.ycombinator.com/blog/qa-with-felipe-villamarin-simon-borrero-and-sebastian-mejia-cofounders-of-rappi/↩↩↩↩↩↩

  4. “Sebastian Mejia,” Sequoia Capital founder page, accessed May 2026. https://sequoiacap.com/founder/sebastian-mejia/↩↩↩

  5. “Rappi Co-founder Says No IPO Is Planned as the Unicorn Is In ‘Breakeven’ Field,” Bloomberg Línea, accessed May 2026. https://www.bloomberglinea.com/english/rappi-co-founder-says-no-ipo-is-planned-as-the-unicorn-is-in-breakeven-field/↩↩

  6. Rebel Fund — Partners page, accessed May 2026. https://www.rebelfund.vc/↩↩

  7. “Seasoned Entrepreneurs Emerge As Angel Investors for Latin American Startups,” Bloomberg Línea, July 13, 2022, accessed May 2026. https://www.bloomberglinea.com/english/seasoned-entrepreneurs-emerge-as-angel-investors-for-latin-american-startups/↩↩↩↩↩↩↩↩↩

  8. “Sebastian Mejia, Angel Investor,” Ask For Funding profile, accessed May 2026. https://askforfunding.com/investor/sebastian-mejia-angel-investor↩↩

  9. “Rappi co-founder Sebastian Mejia on building for multi-verticality in on-demand,” Sacra expert interview, May 12, 2021, accessed May 2026. https://sacra.com/research/rappi-sebastian-mejia-expert-interview-may-21/↩↩↩↩↩↩↩↩

  10. “Investing in Jeeves,” Andreessen Horowitz announcement, June 2, 2021, accessed May 2026. https://a16z.com/announcement/investing-in-jeeves/↩↩↩↩↩↩↩

  11. “Sebastian Mejia — 2026 Portfolio & Founded Companies,” Tracxn, accessed May 2026. https://tracxn.com/d/people/sebastian-mejia/__eWtlWkpyb_Rsv94G-vz0dq56nET7leO1SqglWEaVPLY↩↩↩↩↩↩↩↩↩↩↩

  12. “Latitud Secures $11.5 Million in Seed Funding to Scale Next Generation of Tech Startups in Latin America,” PR Newswire, accessed May 2026. https://www.prnewswire.com/news-releases/latitud-secures-11-5-million-in-seed-funding-to-scale-next-generation-of-tech-startups-in-latin-america-301511383.html↩↩↩↩

  13. “Fireside chat with Brian Requarth and Sebastian Mejia at Vamos Latam Summit,” Latitud Podcast #162, accessed May 2026. https://latitud.com/podcast/brian-requarth-sebastian-mejia-rappi-vamos-latam-summit↩↩

  14. “Sebastian Mejia — Mastering On-Demand Convenience,” Invest Like the Best with Patrick O’Shaughnessy, July 29, 2021, accessed May 2026. https://podcasts.apple.com/us/podcast/sebastian-mejia-mastering-on/id1154105909?i=1000530377704↩