Valuation
$1B
2024 Revenue
$44.9M
Customers
55K
Funding
$272.5M
YOY
86.9%
Avg ACV
$816
Team
154
Founded
2015
How RapidAPI CEO Iddo Gino grew RapidAPI to $44.9M revenue and 55K customers in 2024.
RapidAPI is an API marketplace that enables developers to find and connect to APIs.
Last updated
RapidAPI Revenue
In 2024, RapidAPI's revenue reached $44.9M. The company previously reported $24M in 2023. Since its launch in 2015, RapidAPI has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | RapidAPI Hit $44.9m revenue in October 2024 |
| 2023 | RapidAPI Hit $24m revenue in November 2023 |
| 2022 | RapidAPI Hit $13.9m revenue in November 2022 |
| 2022 | RapidAPI Hit $13.9m revenue in March 2022 |
| 2021 | RapidAPI Hit $10m revenue in November 2021 |
| 2021 | RapidAPI Hit $10m revenue in April 2021 |
| 2020 | RapidAPI Hit $6m revenue in May 2020 |
| 2018 | RapidAPI Hit $1.5m revenue in March 2018 |
| 2016 | RapidAPI Hit $300k revenue in November 2016 |
| 2015 | Launched with $0 revenue |
RapidAPI Valuation, Funding Rounds
RapidAPI reached a $1B valuation in 2022, set during its Series D round.
RapidAPI has raised $272.5M in total funding across 6 rounds, most recently a $150M Series D round in 2022.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2022 | Series D | $150M | $1B | 15% |
| 2021 | Series C | $60M | $105M | 57% |
| 2020 | Series B | $25M | - | - |
| 2019 | Series B | $25M | - | - |
| 2018 | Series A | $9M | - | - |
| 2016 | Seed Round | $3.5M | - | - |
RapidAPI Employees & Team Size
RapidAPI employs approximately 154 people as of 2026, down from 226 in 2023.
RapidAPI has 154 total employees in different roles and functions and 36 sales reps that carry a quota. They have 55K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 154 employees (December 2024) |
| 2024 | Reached 226 employees (October 2024) |
| 2023 | Reached 226 employees (November 2023) |
| 2023 | Reached 226 employees (July 2023) |
| 2022 | Reached 132 employees (November 2022) |
| 2022 | Reached 132 employees (March 2022) |
| 2021 | Reached 95 employees (November 2021) |
| 2021 | Reached 95 employees (April 2021) |
| 2020 | Reached 68 employees (November 2020) |
| 2020 | Reached 68 employees (May 2020) |
| 2019 | Reached 47 employees (June 2019) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how RapidAPI acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
Frequently Asked Questions about RapidAPI
What is RapidAPI's revenue?
RapidAPI generates $44.9M in revenue.
Who founded RapidAPI?
RapidAPI was founded by Iddo Gino.
Who is the CEO of RapidAPI?
The CEO of RapidAPI is Iddo Gino.
How much funding does RapidAPI have?
RapidAPI raised $272.5M.
How many employees does RapidAPI have?
RapidAPI has 154 employees.
Where is RapidAPI headquarters?
RapidAPI is headquartered in United States.
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Compare RapidAPI to the industry
RapidAPI operates across multiple industries. Browse revenue, funding, and growth data for RapidAPI in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .
