RapidAPIrevenue, valuation & funding
API MarketplacesUnited StatesFounded 2015CEO Iddo Gino
RapidAPI is an API marketplace that enables developers to find and connect to APIs.
RapidAPI revenue
RapidAPI's annual revenue was $24M in November 2023, the most recent reported figure.
All 7 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Nov 2016 | $300K | – |
| Mar 2018 | $1.5M | – |
| May 2020 | $6M | – |
| Apr 2021 | $10M | – |
| Mar 2022 | $13.9M | – |
| Nov 2023 | $24M | User Submission |
| Oct 2024 | $44.9MEST. | GetLatka estimate |
– source not recorded
RapidAPI valuation
RapidAPI is privately held, so there is no RapidAPI stock to buy. Investors valued it at $1B in its March 2022 Series D.
Valuation history$1B Series D 2022$105M Series C 2021
RapidAPI funding rounds & investors
RapidAPI has raised $272.5M across six rounds since 2016. The latest was a $150M Series D in March 2022.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Mar 2022 | Series D | $150M | $1B |
| Apr 2021 | Series C | $60M | $105M |
| May 2020 | Series B | $25M | – |
| Jun 2019 | Series B | $25M | – |
| Mar 2018 | Series A | $9M | – |
| Nov 2016 | Seed | $3.5M | – |
| Total raised | $272.5M |
RapidAPI competitors
RapidAPI competes most directly with Postman and Kong Inc. It is the smallest of the three by revenue.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Postman | $313.1M | $433M | 3,291 | 500K | 2014 |
 Kong Inc | $100M | $344.3M | 879 | 130 | 2009 |
| RapidAPI | $24M | $272.5M | 154 | 55K | 2015 |
#1 of 32 API Marketplaces companies by revenue · category median $1.2M · See the ranking
RapidAPI CEO, founders & employees
Iddo Gino founded RapidAPI in 2015 and runs it as CEO. RapidAPI had 154 employees (December 2024, LinkedIn), down from 226 a year earlier.
- Iddo GinoFounder & CEO
All 11 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 154 | |
| Oct 2024 | 226 | |
| Nov 2023 | 226 | – |
| Jul 2023 | 226 | – |
| Nov 2022 | 132 | – |
| Mar 2022 | 132 | – |
| Nov 2021 | 95 | – |
| Apr 2021 | 95 | – |
| Nov 2020 | 68 | – |
| May 2020 | 68 | – |
| Jun 2019 | 47 | – |
RapidAPI FAQ
What is RapidAPI's revenue?
RapidAPI's annual revenue was $24M in November 2023, according to a submission to GetLatka. No later figure has been reported.
What is RapidAPI's valuation?
Investors valued RapidAPI at $1B in its March 2022 Series D.
How much funding has RapidAPI raised?
RapidAPI has raised $272.5M across six funding rounds. The latest was a $150M Series D in March 2022.
Is RapidAPI publicly traded?
No. RapidAPI is a private company, so its shares aren't traded on a stock exchange.
How many employees does RapidAPI have?
RapidAPI had 154 employees in December 2024, according to LinkedIn.
Who is the CEO of RapidAPI?
Iddo Gino is the CEO of RapidAPI and founded the company in 2015.
Who founded RapidAPI?
Iddo Gino founded RapidAPI in 2015.
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How this page is sourced
3 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 13, 2026Data disclaimerReport a correctionClaim this profileRun RapidAPI? Join the podcast