Who founded MagicAPI?

MagicAPI was founded by Shashank Agarwal, Shashank Aggarwal in 2023.

How much funding has MagicAPI raised?

MagicAPI has disclosed $250K raised across 1 round.

Where is MagicAPI headquartered?

MagicAPI is headquartered in San Francisco, US.

MagicAPI

San Francisco, US · Founded 2023 · Delaware corporation

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API.market is an online marketplace where developers discover, integrate, and scale third-party APIs and AI models across categories such as AI/ML, maps, image processing, finance, data, and web scraping. It also offers in-house AI models (e.g. face swap, text-to-image, object removal) developed by its MagicAPI team for licensing and self-hosting.

AI & Machine Learning Developer Tools Marketplaces

Founders & leadership

MagicAPI was founded in 2023 by Shashank Agarwal and Shashank Aggarwal.

Shashank Agarwal Founder/CEOShashank Agarwal is President of MagicAPI and has worked as an ML engineer at AWS on the SageMaker team, helping design hyperparameter optimization features and API infrastructure. He previously served as CTO at Activeloop, an ML dataset infrastructure company, and built Hopdata, an automated machine learning platform, while completing a Master's degree at Ohio State University.

Shashank AggarwalFounder & CEO

Reported raises · per SEC filings

Form D private placements

$250K disclosed across 1 round · 2026

▶$250KraisedMar 2026 · 6 investors · Other

Rule 506(c)

Officers, directors & promoters on the filing

Shashank AgarwalExecutive Officer

Offering amount: $250K
Amount sold: $250K
Incorporated: Corporation, Delaware, 2023
Federal exemptions: 06c, 3C, 3C.7

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Companies working in the same space as MagicAPI.

Frequently asked questions

What does MagicAPI do?: API.market is an online marketplace where developers discover, integrate, and scale third-party APIs and AI models across categories such as AI/ML, maps, image processing, finance, data, and web scraping. It also offers in-house AI models (e.g. face swap, text-to-image, object removal) developed by its MagicAPI team for licensing and self-hosting.
Who founded MagicAPI?: MagicAPI was founded by Shashank Agarwal, Shashank Aggarwal in 2023.
How much funding has MagicAPI raised?: MagicAPI has disclosed $250K raised across 1 round.
Where is MagicAPI headquartered?: MagicAPI is headquartered in San Francisco, US.