Who founded MagicAPI?

MagicAPI was founded by Shashank Agarwal 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

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.

Shashank AgarwalPresident

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.

Competitors · 5

by search overlap

Apify197 shared keywordsApify is a marketplace and platform for web scraping and data extraction tools, offering pre-built automation actors and custom development services. It enables users to extract real-time data from websites, social media, and e-commerce platforms, and serves developers, businesses, and AI applications requiring structured web data.

Postman136 shared keywordsPostman is an API platform that helps developers build, test, and manage APIs throughout their lifecycle. It serves organizations across industries, including 98% of the Fortune 500, and provides tooling for API development, quality assurance, and organizational governance.

OpenAI96 shared keywordsOpenAI is an AI research and deployment company focused on developing artificial general intelligence (AGI) with emphasis on safety and beneficial outcomes for humanity.

Netezza75 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.

Datarade56 shared keywordsDatarade is a marketplace platform for purchasing and discovering business datasets, including company data, firmographic information, and technographic insights. The platform connects data buyers with providers offering verified company profiles, financial metrics, employee information, and technology stack data across multiple industries and geographies.

Companies competing with MagicAPI for the same Google search keywords, organic and paid, via search-intersection analysis.

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 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.