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RapidAPI is an API marketplace that enables developers to find and connect to APIs.
Last updated
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.
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 | Source |
|---|---|---|---|---|---|
| 2022 | Series D | $150M | $1B | 15% | |
| 2021 | Series C | $60M | $105M | 57% | |
| 2020 | Series B |
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RapidAPI serves 55K customers.
RapidAPI employs approximately 154 people as of 2026, down from 226 in 2023, including 36 sales reps that carry a quota. It serves 55K customers that rely on its solutions.
RapidAPI generates an estimated $44.9M in annual revenue.
RapidAPI was founded by Iddo Gino.
The CEO of RapidAPI is Iddo Gino.
RapidAPI raised $272.5M across 6 rounds.
RapidAPI has 154 employees.
RapidAPI is headquartered in United States.
RapidAPI operates across multiple industries. Browse revenue, funding, and growth data for RapidAPI in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$1B
2024 Revenue
$44.9M(Est.)
Customers
55K
Funding
$272.5M
Avg ACV
$816
Team
154
Founded
2015
| Year | Milestone | Source |
|---|---|---|
| 2024 | RapidAPI Hit $44.9m revenue in October 2024 | Estimated |
| 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 |
| $25M |
| - |
| - |
| 2019 | Series B | $25M | - | - |
| 2018 | Series A | $9M | - | - |
| 2016 | Seed Round | $3.5M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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