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RapidAPI
RapidAPI is the world's largest API marketplace and developer platform, founded by Iddo Gino in 2015.
RapidAPI
RapidAPI was founded in 2015 by Iddo Gino and Oren Yagev as a platform to aggregate and simplify API discovery and integration for developers. The company is headquartered in San Francisco and has raised over $150M in known venture funding from Andreessen Horowitz, Green Bay Ventures, and others (per Crunchbase, 2024). Its investors include notable family offices and institutional venture firms. The company's strategy centers on three primary business lines: its API marketplace hosting over 40,000 APIs, RapidAPI for Teams offering enterprise-grade management, and RapidAPI for AI which provides specialized API access for AI/ML models. The platform serves developers at individual, team, and enterprise levels through a freemium model with usage-based pricing. Geographic focus spans North America, Europe, and Asia-Pacific with usage from over 40,000 developers globally. RapidAPI operates a hybrid structure as a venture-backed technology company with a platform business model. Its marketing arm, RapidAPI for Teams, targets enterprise clients, while a separate foundation and learning arm, RapidAPI Academy, provides free developer education. In May 2024, RapidAPI launched RapidAPI for AI, a dedicated service offering curated APIs for artificial intelligence workloads (per the company, May 2024). The structural differentiator is that RapidAPI functions not as a traditional asset manager but as a platform ecosystem. It does not deploy capital; instead, it generates revenue through API usage fees and enterprise subscriptions. The company's governance follows a typical venture-backed startup structure with a board including Iddo Gino and investors from Andreessen Horowitz and Green Bay Ventures.
General information
Firm type
Asset Manager
Year founded
2015
AUM
Undisclosed
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
San Francisco, CA, United States
Principals
Iddo Gino
Co-founder & CEO
Oren Yagev
Co-founder & CTO
Sector focus
Frequently asked questions
Who runs investment decisions at RapidAPI?
Iddo Gino serves as CEO and co-founder, overseeing the company's strategic direction. The investment and product roadmap are led by the executive team in consultation with its venture board, which includes partners from Andreessen Horowitz and Green Bay Ventures (per Crunchbase, 2024).
How does RapidAPI source its API marketplace inventory?
RapidAPI aggregates public and private APIs from third-party developers, companies, and open-source projects. APIs are vetted for quality and reliability, though developers can submit their own APIs. The platform curates top APIs in categories including AI/ML, finance, and data science (per RapidAPI documentation, 2024).
Is RapidAPI structured as a family office or venture firm?
RapidAPI is a venture-backed technology company, not a family office. It operates as a Delaware C-corporation with institutional investors including Andreessen Horowitz and Green Bay Ventures (per Crunchbase, 2024). It does not manage outside capital beyond its venture funding rounds.
What investment stages does RapidAPI target?
RapidAPI is not an investment firm. It operates as a product platform serving developers. However, the company has raised venture capital at Series B and later stages, with its largest round being a $150M Series C in 2022 (per TechCrunch, 2022).
Does RapidAPI participate in fund commitments or only direct deals?
RapidAPI does not make investments in external funds or direct deals. It generates revenue through its API marketplace and enterprise subscriptions, not through capital deployment. Its financial model is transaction-based (per the company's public filings, 2024).
Which sectors does RapidAPI explicitly avoid?
RapidAPI does not publicly disclose any explicit sector avoidance. Its API marketplace hosts a wide range of categories including health, finance, and retail, though it may restrict specific API categories for compliance reasons.
What is RapidAPI's known posture on co-investments alongside external GPs?
RapidAPI is not structured to make co-investments. It is a platform company, not an asset manager. It may partner with venture firms through corporate venture arms for strategic deals, but this is distinct from co-investment (per public record).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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