# Rapid

> Rapid, formerly RapidAPI, helps developers discover, test, subscribe to, and integrate third-party APIs, while its enterprise technology supports private API catalogs and collaboration. Founded in 2015, it raised a $150 million Series D at a $1 billion valuation in 2022. Nokia acquired its technology assets and R&D unit in November 2024 to strengthen its network API business.

- **Founded:** 2015
- **Headquarters:** San Francisco, United States
- **Founders:** Iddo Gino (Co-founder and former CEO), Mickey Haslavsky (Co-founder; left in 2018), Daniel Chernenkov (Early co-founder, reported by CTech; left after approximately one year)
- **Products:** Public API Marketplace, Enterprise API Hub, RapidAPI for Mac (formerly Paw), RapidAPI for Teams, API Testing
- **Notable:** Acquired the Mashape API marketplace in 2017., Expanded into Japan and Asia through Rakuten in 2018., Acquired Paw in February 2021.

## Products & services

- **Public API Marketplace** — Discovery, browser testing, code snippets, API subscriptions, usage analytics, and provider monetization. Third-party providers set their own prices.
- **Enterprise API Hub** — Private and partner-facing API catalogs, discovery, development, testing, and collaboration; included in Nokia’s acquired technology portfolio.
- **RapidAPI for Mac (formerly Paw)** — Native macOS HTTP client for composing requests, inspecting responses, generating client code, and importing or exporting API definitions; Paw joined Rapid in 2021.
- **RapidAPI for Teams** — Private workspaces for sharing and collaborating on internal APIs and microservices.
- **API Testing** — API testing tools with documented GitHub Actions integration and public demonstration material.

## Achievements

- Acquired the Mashape API marketplace in 2017.
- Expanded into Japan and Asia through Rakuten in 2018.
- Acquired Paw in February 2021.
- Reported a 4 million-developer community in March 2022.
- Raised a $150 million Series D at a $1 billion valuation in March 2022.
- Technology assets and R&D unit acquired by Nokia in November 2024.

## Latest updates

- **2024-11** — Nokia acquired Rapid’s technology assets and R&D unit.
- **2025-11** — Marketplace fee changed to 25%, effective November 15, according to current payout documentation.
- **2026-05** — Marketplace terms updated May 13, identifying Nokia of America Corporation, dba Rapid, as the operator.
- **2026-06** — IATA decommissioned its Rapid-powered Open API Hub on June 17.

## Links

- Website: https://rapidapi.com/
- LinkedIn: https://www.linkedin.com/company/rapidapi/
- Twitter/X: https://twitter.com/rapid_api
- GitHub: https://github.com/rapidapi
- YouTube: https://www.youtube.com/channel/UCk-vgkXZUzwd5hmpQ2it9_g
- Facebook: https://www.facebook.com/Rapid-API-860822767286196/

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Profile page: https://yespress.io/rapid
Published by YesPress — https://yespress.io
Last updated: 2026-10-01