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Overview
RapidAPI is a global API hub that connects millions of developers with a wide range of public APIs through a centralized marketplace. It helps users discover, test, and integrate APIs, speeding up software development. The platform offers built-in testing tools and code snippets, and then routes requests through a single API key with subscription- or usage-based pricing, providing scalable access to many APIs from one place. Compared to others, RapidAPI emphasizes a large ecosystem and a single, streamlined integration point for API access rather than building or hosting APIs itself. The company aims to simplify API discovery and integration to boost developer productivity and enable scalable, flexible access to APIs for individuals and enterprises alike.
About Rapid API
Industries
Data & Analytics
Consumer Software
Enterprise Software
Company Size
201-500
Company Stage
Series D
Total Funding
$272.5M
Headquarters
San Francisco, California
Founded
2015
Simplify's Take
What believers are saying
- Nokia's $150M acquisition integrates RapidAPI's hub into 5G/4G network monetization.
- AI API Collection centralizes developer access to AI APIs for rapid integration.
- IATA Open AI Hub partnership standardizes airline APIs for industry innovation.
What critics are saying
- Nokia's telecom focus diverts investment from public API marketplace in 9-18 months.
- 50% staff cuts eliminate 115 roles, halting product development in 3-9 months.
- Cloud giants' API gateways commoditize RapidAPI's standalone marketplace in 12-24 months.
What makes Rapid API unique
- RapidAPI operates world's largest API hub with 40,000 APIs for 4 million developers.
- RapidAPI Studio enables single experience to design, test, monitor, publish APIs.
- RapidAPI Enterprise Hub customizes private API management for enterprises and partners.
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Funding
Total Funding
$272.5M
Above
Industry Average
Funded Over
6 Rounds
Andreessen Horowitz
SoftBank
SV AngelIndustry standards
Company News
Nokia has acquired Israeli startup RapidAPI to enhance its network API capabilities, including the world's largest API hub and a skilled R&D team. This move aims to strengthen Nokia's position in the API ecosystem for 5G and 4G network monetization. RapidAPI, which reached unicorn status in 2022 with a $1 billion valuation after raising $150 million in a Series D round, has seen its value decline. The acquisition will help operators unlock new revenue streams through network APIs.
Nokia has acquired the Israeli startup RapidAPI, previously valued at $1 billion, under terms that appear to be unfavorable. Founded by Ido Gino at age 17, RapidAPI faced intense competition and financial disappointment. Despite these challenges, Nokia was particularly interested in the company's neglected marketplace.
Rapid, based out of San Francisco, had raised nearly $273 million in venture funding from big-name investors that included Andreessen Horowitz, Microsoft, and SoftBank, among others.
Efficiency Leaders is thrilled to announce an exciting addition to its ever-expanding family of satisfied clients - Moorabool Shire Council has selected RapidAP, its cutting-edge Accounts Payable (AP) automation software, in collaboration with its esteemed partner, Atturra.
The API Guide does not introduce new Data Solutions APIs.
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About Rapid API
Industries
Data & Analytics
Consumer Software
Enterprise Software
Company Size
201-500
Company Stage
Series D
Total Funding
$272.5M
Headquarters
San Francisco, California
Founded
2015
There are no jobs for Rapid API right now.
Find jobs on Simplify and start your career today