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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.

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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.

RapidAPI Revenue GrowthReported revenue / ARR by year$0$10M$20M$30M$40M$50M201520172019202120232024$0$300K$2M$6M$10M$14M$24M$45MSource: GetLatka.com
YearMilestone
2024RapidAPI Hit $44.9m revenue in October 2024
2023RapidAPI Hit $24m revenue in November 2023
2022RapidAPI Hit $13.9m revenue in November 2022
2022RapidAPI Hit $13.9m revenue in March 2022
2021RapidAPI Hit $10m revenue in November 2021
2021RapidAPI Hit $10m revenue in April 2021
2020RapidAPI Hit $6m revenue in May 2020
2018RapidAPI Hit $1.5m revenue in March 2018
2016RapidAPI Hit $300k revenue in November 2016
2015Launched 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.

RapidAPI Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$250M$500M$750M$1B$1B201520162017201820192020202120222015 cumulative: $0 • 2015 Founded: $02016 cumulative: $4M • 2015 Founded: $0 • 2016 Seed Round: $4M2018 cumulative: $13M • 2015 Founded: $0 • 2016 Seed Round: $4M • 2018 Series A: $9M2019 cumulative: $38M • 2015 Founded: $0 • 2016 Seed Round: $4M • 2018 Series A: $9M • 2019 Series B: $25M2020 cumulative: $63M • 2015 Founded: $0 • 2016 Seed Round: $4M • 2018 Series A: $9M • 2019 Series B: $25M • 2020 Series B: $25M2021 cumulative: $123M • 2015 Founded: $0 • 2016 Seed Round: $4M • 2018 Series A: $9M • 2019 Series B: $25M • 2020 Series B: $25M • 2021 Series C: $60M @ $105M valuation2022 cumulative: $273M • 2015 Founded: $0 • 2016 Seed Round: $4M • 2018 Series A: $9M • 2019 Series B: $25M • 2020 Series B: $25M • 2021 Series C: $60M @ $105M valuation • 2022 Series D: $150M @ $1B valuation$273M2015 Founded: $0 valuation2021 Series C: $105M valuation2022 Series D: $1B valuation$1BSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Series D$150M$1B15%
2021Series C$60M$105M57%
2020Series B$25M--
2019Series B$25M--
2018Series A$9M--
2016Seed 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.

RapidAPI Team GrowthReported headcount over time05010015020025020152017201920212023202400154154Source: GetLatka.com
YearMilestone
2024Reached 154 employees (December 2024)
2024Reached 226 employees (October 2024)
2023Reached 226 employees (November 2023)
2023Reached 226 employees (July 2023)
2022Reached 132 employees (November 2022)
2022Reached 132 employees (March 2022)
2021Reached 95 employees (November 2021)
2021Reached 95 employees (April 2021)
2020Reached 68 employees (November 2020)
2020Reached 68 employees (May 2020)
2019Reached 47 employees (June 2019)

Founder / CEO

Iddo Gino

Iddo Gino is listed as Founder / CEO at RapidAPI.

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Customers

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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 .

RapidAPI Revenue 2024: $44.9M ARR, $1B Valuation