RapidAPI provides a centralized API marketplace and management platform that allows developers and enterprises to discover APIs, connect to them instantly, monitor performance, and manage usage through a unified dashboard. The platform supports public, private, and internal APIs, integrates with CI/CD workflows, and offers testing, security, and analytics tools.
RapidAPI also enables enterprises to build custom API hubs, streamline governance, and accelerate API adoption across distributed teams and microservices environments. The platform supports multi-cloud deployment, on-prem hosting, and enterprise-grade scalability.
What Is RapidAPI and What Does It Do?
RapidAPI, founded in 2014 by Iddo Gino, is a Tel Aviv-based API management and developer marketplace platform that helps companies and developers discover, test, integrate, and manage APIs from a single workspace.
With a workforce of 51-200 employees, RapidAPI supports API discovery, authentication, monitoring, subscription management, monetization, and lifecycle governance enabling teams to ship integrations faster and standardize API usage across products and environments.
How Much Funding Has RapidAPI Raised?
1. Seed Round
- Amount Raised: $3.5M
- Lead Investors: Andreessen Horowitz, SV Angel, Green Bay Ventures, 500 Global, FCVC
- Motivation: To build the initial API marketplace and developer tools.
2. Series A
- Amount Raised: $9M
- Lead Investors: Andreessen Horowitz, SV Angel, Green Bay Ventures, Tony Jamous
- Motivation: To expand the developer ecosystem and enhance platform capabilities.
3. Series B (Round 1)
- Amount Raised: $25M
- Lead Investors: Andreessen Horowitz, DNS Capital, Green Bay Ventures, Grove Ventures, M12
- Motivation: To scale enterprise adoption and API infrastructure.
4. Series B (Round 2)
- Amount Raised: $25M
- Lead Investors: M12, Andreessen Horowitz, Green Bay Ventures, DNS Capital
- Motivation: To accelerate product development and global expansion.
5. Series C
- Amount Raised: $60M
- Lead Investors: Green Bay Ventures, Stripes, Andreessen Horowitz, DNS Capital, M12, Grove Ventures, Viola Group
- Motivation: To strengthen enterprise API management offerings and security tooling.
6. Series D
- Amount Raised: $150M
- Lead Investors: SoftBank Vision Fund, Qumra Capital, Andreessen Horowitz, M12, Viola Group, Grove Ventures, Green Bay Ventures, Citi Ventures
- Motivation: To scale enterprise deployments, expand API marketplace capabilities, and support go-to-market growth.
Total Funding Raised: $272 Million
Current Valuation: $1 Billion (as of Mar 2022)
Latest Funding Date: March, 2022
Key Investors
1. Andreessen Horowitz (a16z)
- Details: A global venture capital firm backing transformative software and internet platforms.
- Investment Focus Areas: Developer tools, fintech, SaaS, AI infrastructure.
- Notable Investments: Coinbase, Slack, GitHub.
2. SoftBank Vision Fund
- Details: Large-scale technology investment fund supporting global innovation leaders.
- Investment Focus Areas: Cloud platforms, enterprise technology, digital ecosystems.
- Notable Investments: Uber, Arm, Revolut.
3. M12 (Microsoft’s Venture Fund)
- Details: Corporate venture arm investing in enterprise software and cloud infrastructure startups.
- Investment Focus Areas: Cloud computing, cybersecurity, AI platforms.
- Notable Investments: Databricks, WorkBoard, Skedulo.
4. Green Bay Ventures
- Details: Growth-stage venture firm backing category-defining technology companies.
- Investment Focus Areas: SaaS, cloud platforms, data infrastructure.
- Notable Investments: Snowflake, Databricks, Rubrik.
5. Qumra Capital
- Details: Israeli growth fund supporting late-stage scaling technology companies.
- Investment Focus Areas: Enterprise SaaS, analytics, infrastructure.
- Notable Investments: Fiverr, Riskified, Taboola.
Where Is RapidAPI’s Headquarters?
RapidAPI is headquartered in Tel Aviv, Israel, a major global hub for cloud infrastructure, cybersecurity innovation, and high-growth SaaS engineering, offering strategic access to enterprise technology markets across the US and Europe.
What’s Next for RapidAPI?
RapidAPI is focused on strengthening its enterprise API hub ecosystem, expanding support for security governance, private API marketplaces, and lifecycle automation, and deepening integrations across multi-cloud environments and developer workflows. The company is also expected to advance enterprise adoption in fintech, AI platforms, and large-scale API-driven architectures.
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