Amsterdam, Netherlands
a banking software designed to empower financial institutions to accelerate their digital transformation
- Revenue
- $345.5M
- Customers
- 150
- Year founded
- 2003
- Funding
- $128M
- Team size
- 2.1K
As of October 2026, Latka tracks 5 API management tools companies with $100M+ in annual revenue. They have combined revenues of $774.6M and employ 5.7K people. They have raised $947M and serve 6.6K customers combined.
Every company below sells API management tools to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
Sorting: Highest -> Lowest
Showing 5 of 5 companies ranked by annual revenue.
Amsterdam, Netherlands
a banking software designed to empower financial institutions to accelerate their digital transformation
Mountain View, California, United States
WSO2 Inc. is an open-source technology provider based in California, United States, with offices around the world. WSO2 offers an API management platform and an enterprise service bus (ESB) that enable businesses to integrate and manage their applications, data, and services. The company's products are built on open-source technology and designed to support the development and deployment of cloud-native applications. WSO2's platform includes features such as API management, identity and access management, analytics, and integration with other software applications.
Ottawa, Ontario, Canada
Solace Corporation is a technology company based in Ontario, Canada. Solace provides a messaging platform that helps businesses to distribute real-time data and information across their IT infrastructure. Their platform offers features such as event streaming, message routing, and API management, enabling businesses to deliver data in real-time to various applications and devices. Solace's platform is used by companies in various industries such as financial services, telecommunications, and transportation. The company was founded in 2001 and has since become a leading provider of event-driven architectures and messaging solutions.
San Francisco, California, United States
Algolia is an AI search and retrieval platform that developers and businesses use to add search, product discovery and recommendations to their websites and apps; it says it powers 1.75 trillion searches a year for more than 18,000 businesses. Nicolas Dessaigne and Julien Lemoine founded it in Paris in 2012, and it is headquartered in San Francisco. Dessaigne, then CEO, told Latka in late 2018 that Algolia had crossed $20 million in ARR the year before and expected to pass $40 million by year-end. Its most recent announced round is a $150 million Series D at a $2.25 billion valuation in July 2021. Stephen Lynch has been CEO since April 2026.
Latka tracks 5 API management tools companies with $100M+ in annual revenue. Together they generate $774.6M in annual revenue and employ 5.7K people.
Backbase is the largest, with $345.5M in annual revenue, founded in 2003.
The average API management tools company in this list makes $154.9M a year, across 5 companies with reported revenue. They serve 6.6K customers combined.
Ranked by annual revenue, the leaders are Backbase, WSO2, Solace, Algolia and Kong Inc.
The 5 API management tools companies with $100M+ in annual revenue tracked here have raised $947M in disclosed funding between them.
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