What is Rapid?
Founded in 2014 and headquartered in Tel Aviv, Rapid operates as a premier open-source API marketplace. The platform serves as a centralized hub where developers can discover, connect to, and manage a vast array of APIs with unprecedented ease. By simplifying the complexities of API integration, Rapid has become an essential utility for modern software development, enabling organizations to accelerate their digital transformation initiatives and streamline their technical workflows.
The company's market position is defined by its ability to bridge the gap between API providers and consumers, fostering a collaborative environment that drives innovation. As the demand for interconnected software services continues to rise, Rapid remains at the forefront of the API economy, providing the necessary infrastructure to support scalable and efficient application development.
How much funding has Rapid raised?
Rapid has raised a total of $267.5M across 5 funding rounds:
Angel/Seed
$3.5M
Series A
$9M
Series B
$50M
Series C
$55M
Series D
$150M
Angel/Seed (2016): $3.5M with participation from FundersClub and SV Angel
Series A (2018): $9M led by SV Angel, Andreessen Horowitz, Tony Jamous, and Green Bay Ventures
Series B (2020): $50M supported by M12, Andreessen Horowitz, DNS Capital, and Green Bay Capital
Series C (2021): $55M featuring DNS Capital, Stripe, Andreessen Horowitz, M12, Viola Growth, and Green Bay Ventures
Series D (2022): $150M, investors not publicly disclosed
Key Investors in Rapid
Andreessen Horowitz
A prominent private American venture capital firm that provides strategic backing to both early-stage startups and established growth-stage companies.
M12
The venture fund of Microsoft, specializing in enterprise software investments with a focus on applied AI, infrastructure, and security technologies.
DNS Capital
A Chicago-based investment office that focuses on long-term partnerships with entrepreneurs and management teams to create sustainable business value.
What's next for Rapid?
Looking ahead, the strategic deployment of the $150M will likely focus on deepening the platform's technical capabilities and expanding its global footprint. As the company matures beyond its Series D stage, the focus will shift toward optimizing the developer experience and integrating advanced features that address the evolving needs of enterprise-level API management. By leveraging its strong network of investors and its established market presence, Rapid is well-positioned to capitalize on the ongoing shift toward API-first architectures, ensuring its continued relevance and growth in the years to come.
See full Rapid company page
