Valuation · 2022
$1B
2024 Revenue
$44.9M(Est.)
Customers
55K
Funding
$272.5M
Avg ACV
$816
Team
154
Founded
2015
RapidAPI Revenue, Valuation & Funding (2024)
RapidAPI generated an estimated $44.9M in annual revenue in 2024. Source: GetLatka estimate
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 | Source |
|---|---|---|
| 2024 | RapidAPI Hit $44.9m revenue in October 2024 | Estimated |
| 2023 | RapidAPI Hit $24m revenue in November 2023 | Not recorded |
| 2022 | RapidAPI Hit $13.9m revenue in March 2022 | Not recorded |
| 2021 | RapidAPI Hit $10m revenue in April 2021 | Not recorded |
| 2020 | RapidAPI Hit $6m revenue in May 2020 | Not recorded |
| 2018 | RapidAPI Hit $1.5m revenue in March 2018 | Not recorded |
| 2016 | RapidAPI Hit $300k revenue in November 2016 | Not recorded |
| 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 | Source |
|---|---|---|---|---|---|
| 2022 | Series D | $150M | $1B | 15% | Not recorded |
| 2021 | Series C | $60M | $105M | 57% | Not recorded |
| 2020 | Series B | $25M | - | - | Not recorded |
| 2019 | Series B | $25M | - | - | Not recorded |
| 2018 | Series A | $9M | - | - | Not recorded |
| 2016 | Seed | $3.5M | - | - | Not recorded |
Founder / CEO
Customers
RapidAPI serves 55K customers.
RapidAPI Employees & Team Size
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.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 154 employees (December 2024) | Not recorded |
| 2024 | Reached 226 employees (October 2024) | Not recorded |
| 2023 | Reached 226 employees (November 2023) | Not recorded |
| 2023 | Reached 226 employees (July 2023) | Not recorded |
| 2022 | Reached 132 employees (November 2022) | Not recorded |
| 2022 | Reached 132 employees (March 2022) | Not recorded |
| 2021 | Reached 95 employees (November 2021) | Not recorded |
| 2021 | Reached 95 employees (April 2021) | Not recorded |
| 2020 | Reached 68 employees (November 2020) | Not recorded |
| 2020 | Reached 68 employees (May 2020) | Not recorded |
| 2019 | Reached 47 employees (June 2019) | Not recorded |
Frequently Asked Questions about RapidAPI
What is RapidAPI's revenue?
As of 2024, RapidAPI generated an estimated $44.9M in annual revenue.
What is RapidAPI's valuation?
As of 2022, RapidAPI was valued at $1B.
Who founded RapidAPI?
RapidAPI was founded by Iddo Gino.
When was RapidAPI founded?
RapidAPI was founded in 2015.
Who is the CEO of RapidAPI?
The CEO of RapidAPI is Iddo Gino.
How much funding does RapidAPI have?
RapidAPI raised $272.5M across 6 rounds.
How many employees does RapidAPI have?
As of 2024, RapidAPI had 154 employees.
Where is RapidAPI headquartered?
RapidAPI is headquartered in United States.
Compare RapidAPI to the industry
RapidAPI operates across multiple industries. Browse revenue, funding, and growth data for RapidAPI in each sector below.
Data and Sources
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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