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API3 logo — The Web3 API Economy

API3

The Web3 API Economy

Founded 2020 40 employees Venture round Total: $7.00M API, Blockchain

General Information

Company Name API3
Founded Year 2020
Employees 40
Industries API, Blockchain
Funding Stage Venture round
Social

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About API3

API3 is a startup that aims to revolutionize the oracle networks in the blockchain industry. Founded in 2020, the company's slogan "The Web3 API Economy" epitomizes its mission to transition from legacy third-party oracle networks to first-party oracle solutions. The switch promises higher levels of security, efficiency, regulatory compliance, and simplicity. API3 recently secured a $3.00M Seed Round investment on 12 November 2020. Notable investors in this round include Digital Currency Group, Pantera Capital, Accomplice, CoinFund, Solidity Ventures, Cashican People LLC, MCE Group, Crowd Venture Capital, Raystone Capital, and Buck Stash. The company's innovative approach and strong investor backing position it as a promising player in the blockchain space.

Taxonomy: Web3, API Economy, API3, Oracle Network, First-party Oracle Solutions, Simplicity, Decentralized, Smart Contracts, Digital Economy, Blockchain Technology

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $4.00M 5
DWF Labs Nomura's Laser Digital Caladan (prev AlphaLab Capital)
DWF Labs, Nomura's Laser Digital +3
29 May 2024
Seed Round $3.00M 5
Digital Currency Group Cashican People LLC MCE Group
Digital Currency Group, Cashican People LLC +3
12 Nov 2020
Pre Seed Round Undisclosed -
18 Nov 2019

API3 Alternatives & Competitors

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API3 vs
HeyLayer
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API3 vs
Airstack
Airstack

Airstack builds AI-powered onchain products. (Senpi was acquired by Senpi AI in 2025)

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API3 vs
Vezgo
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View all alternatives

FAQ About API3

The Web3 API Economy
API3 was founded in 2020.
API3 operates in API and Blockchain. Its work centres on Web3, API Economy, API3 and Oracle Network.
API3 has approximately 40 employees.
API3 has completed 3 funding rounds, raising a total of $7.00M. The latest funding stage is Venture round.
Top alternatives and competitors to API3 include HeyLayer, Airstack, Vezgo, Kyuzan Inc., Ramper. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
API3 and HeyLayer are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for API3, https://bouncewatch.com/company/api3, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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