Rapaport Group
Rapaport Group operates the global diamond industry's standard pricing benchmark (RAPI Price List), trading marketplace, auction network, news, and ethical sourcing certification, serving more than 20,000 diamond professionals across 100+ countries.
- Company typePrivate
- Founded1978
- HeadquartersNew York, United States
- Headcount101–250
- GTM typeB2B
- OfferingDigital Commerce or Content
What Rapaport Group does
Rapaport Group, founded in 1976 by Martin Rapaport, operates an international network of companies providing pricing, trading, auction, news, and certification services to the global diamond and jewelry industry. Its core asset is the Rapaport Price List (RAPI), the international benchmark for polished diamond pricing since 1978, which anchors the company's positioning and is licensed exclusively to paying members. Building on that benchmark, the group operates Rapaport Trade (formerly RapNet), the world's largest online diamond and gemstone trading marketplace with over 1.6 million stones and more than $8 billion in daily listings across members in 103 countries; Rapaport Auctions, the world's largest recycler of polished diamonds at approximately 370,000 carats per year through 18,000 qualified participants; and Rapaport News and Intelligence, the trade's primary news platform with 2.8 million+ annual views and the monthly Research Report. Adjacent services include Rapaport Source Certification for traceability and ethical sourcing of natural diamonds.
The company's revenue model combines recurring membership subscriptions (Price List, Trade, News, Intelligence Report) with transaction fees from auctions. Distribution is hybrid: digital through rapaport.com and trade.rapaport.com, complemented by regional offices and in-person auction events in the major diamond trading centers of New York, Antwerp, Israel, India, Dubai, and Hong Kong. Customer segments are horizontally distributed across diamond dealers, retailers, miners, jewelry manufacturers, appraisers, and investors, with named enterprise participants including De Beers and Signet Jewelers. In early 2025, founder Martin Rapaport transitioned to Chairman and Dan Mano was appointed CEO to lead digital transformation and global expansion; under the new leadership, the company rebranded RapNet to Rapaport Trade, launched Source Certification, and announced testing of an agentic AI tool for market analysis in June 2026.
Rapaport Group firmographics
Firmographics- Name
- Rapaport Group
- Legal name
- Rapaport USA Inc.
- Website
- https://rapaport.com
- Company type
- Private
- Founded year
- 1978
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Rapaport Group operates the global diamond industry's standard pricing benchmark (RAPI Price List), trading marketplace, auction network, news, and ethical sourcing certification, serving more than 20,000 diamond professionals across 100+ countries.
- Ownership category
- akta.pro rank
Rapaport Group industry classification
Industry- Product category
- Diamond Trading and Pricing Platform
- NAICS
- Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers (423940)
- SIC
- Wholesale-Jewelry, Watches, Precious Stones & Metals (5094)
- akta.pro primary industry
- Diamond & Gemstone B2B Exchanges/Marketplaces (CRAKAJAJ)
- akta.pro secondary industries
- Diamond/Gemstone Auction Houses & Tender Platforms (CRAKAJAI), Polished Diamond Trading & Brokerage (CRAKAJAD)
Keywords
Where Rapaport Group is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Rapaport Group business model
Business model- GTM type
- B2B
- Offering type
- Digital Commerce or Content
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Rapaport Price List Subscription: Weekly subscription to the Rapaport Diamond Price List, the global benchmark for diamond pricing since 1978. Distributed exclusively to Rapaport Members, creating transparency for those who trade diamonds responsibly at fair market prices.
- Rapaport Trade Membership: Membership fees for access to the world's largest online diamond and gemstone trading marketplace. Members buy and sell directly with verified suppliers worldwide with no commissions, using real-time pricing tools powered by the Rapaport Price List.
- Rapaport Auctions: Transaction fees from the world's largest recycler of polished diamonds, marketing approximately 370,000 carats per year through 18,000 qualified buyers and sellers from 70+ countries.
- Rapaport News and Intelligence: The trade's primary source of diamond and jewelry news with 2.8 million+ annual views. Content includes breaking news, market analysis, Rapaport Magazine, videos, podcasts, webinars, and press releases distributed through digital platforms and newsletters.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Membership tiers for Rapaport Price List and Rapaport Trade access |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Rapaport Group product offering
Product offeringCore offering
Rapaport Group operates a multi-product platform serving the global diamond trade. Its core offering is the Rapaport Diamond Price List (RAPI), the international benchmark for polished diamond pricing since 1978, supplemented by Rapaport Trade (formerly RapNet), the world's largest online diamond and gemstone trading marketplace, and Rapaport Auctions, the world's largest recycler of polished diamonds. The company monetizes these through membership subscriptions, transaction fees from auctions, and market intelligence/news services.
Product overview
Rapaport Group operates as a multi-product platform serving the global diamond and jewelry industry. The core offerings include the Rapaport Price List (the global pricing benchmark since 1978), Rapaport Trade (formerly RapNet, the world's largest online diamond trading marketplace), Rapaport Auctions (the world's largest diamond recycler), and Rapaport News (the industry's primary news source). Supporting modules include the Rapaport Intelligence Report for market research and Rapaport Source Certification for ethical sourcing verification. The products work together to support every stage of the diamond trade: Price List establishes the benchmark, News keeps professionals current on market events, Trade enables sourcing and trading at scale, and Auctions provide an exit channel for recycling diamonds.
Differentiator
Problem solved
Functional benefit
Products and services
- Rapaport Price List The international benchmark for polished diamond pricing since 1978, providing independent asking prices used across major markets to standardize, compare, and negotiate diamond prices. Distributed weekly exclusively to Rapaport Members.
- Rapaport Trade (formerly RapNet) The world's largest online diamond and gemstone trading marketplace, listing 1.6 million+ stones and jewelry pieces with over $8 billion in daily diamond, gem, and jewelry listings, serving tens of thousands of verified members from 103 countries who buy and sell directly without commissions.
- Rapaport Auctions
Quantifiable outcome
- Over 20,000 professionals in 100+ countries use the Rapaport Price List daily for accurate diamond pricing
- +2 more outcomes
Companies that use Rapaport Group
Customer profileNamed customers2 records
Segments6 records
Ideal customer profiles2 records
Rapaport Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature4 records
Rapaport Group partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Responsible Jewellery Council (RJC)coreRapaport is a member of the Responsible Jewellery Council and is independently audited to ensure full compliance with all laws. The RJC is an international standards organization promoting responsible ethical, human rights, social and environmental practices throughout the diamond and gold jewelry supply chain.
- Trade AssociationscoreRapaport is a trusted member of major trade associations including AWDC (Antwerp World Diamond Centre), AGTA (American Gem Trade Association), AGS (American Gem Society), GIA (Gemological Institute of America), JBT (Jewelers Board of Trade), JA (Jewelers of America), and DMIA (Diamond Manufacturers and Importers Association).
- BonasminorBonas serves as the auction house for selling artisanal diamonds through the OrigemA program. The first sale included 103.77 carats of rough diamonds from the DRC sold through Bonas.
Scale indicators11 records
Recent moves6 records
Expansion highlights5 records
Rapaport Group competitors and assessment
Company assessmentOthers
- Sarine Technologies: Provider of diamond manufacturing technology, planning, and traceability solutions. Operates in adjacent diamond-tech infrastructure with overlapping customers (manufacturers and graders) served by Rapaport.
Direct peers
- IDEX Online: Real-time diamond pricing and online trading platform serving diamond professionals. Directly competes with Rapaport Trade as a B2B diamond marketplace and offers an alternative price index to RAPI.
- Polygon (Polygon.net): Online diamond trading network connecting verified dealers and retailers globally. Competes directly with Rapaport Trade for B2B polished diamond liquidity and listings.
- Bonas Group: International diamond and gemstone auction house already partnering with Rapaport on the OrigemA artisanal diamond program. Comparable as a polished diamond auction operator.
Broad incumbents
- Gemological Institute of America (GIA): The dominant diamond grading and gemological research institution globally. Operates in the same diamond ecosystem as Rapaport, providing certification infrastructure that complements Rapaport's pricing and trading platform.
- De Beers Group: World's leading diamond miner and marketer through De Beers Forevermark and sightholder network. Operates upstream in the value chain that Rapaport's pricing benchmark and auction business depends upon; provides input data that influences RAPI.
- ALROSA: Largest diamond miner by volume globally, supplying rough diamonds to international markets. Comparable as a major upstream participant in the same diamond value chain that Rapaport's pricing and auction infrastructure serves.
- Sotheby's (Jewelry & Diamonds division): Global auction house with significant jewelry and colored diamond auctions. Comparable as a high-end auction venue competing for premium polished diamond flow alongside Rapaport Auctions.
- Blue Nile: Major online diamond and fine jewelry retailer (now under Signet Jewelers). Comparable as a downstream consumer-facing diamond platform whose retail demand ultimately drives the trading activity Rapaport's B2B platform facilitates.
Emerging players
- StoneAlgo: AI-driven diamond pricing and analytics platform serving both consumers and trade. Emerging threat to traditional price lists like RAPI by offering algorithmic, real-time diamond valuation.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
Rapaport Group social profiles
Digital presenceRapaport Group compliance and trust
Trust signalCompliance1 record
Rapaport Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rapaport Group leadership team
Management profileNumber of profiles
Profiles4 records
Rapaport Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rapaport Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rapaport Group
What does Rapaport Group do?
Rapaport Group operates a multi-product platform serving the global diamond trade. Its core offering is the Rapaport Diamond Price List (RAPI), the international benchmark for polished diamond pricing since 1978, supplemented by Rapaport Trade (formerly RapNet), the world's largest online diamond and gemstone trading marketplace, and Rapaport Auctions, the world's largest recycler of polished diamonds. The company monetizes these through membership subscriptions, transaction fees from auctions, and market intelligence/news services.
Is Rapaport Group a public or private company?
Rapaport Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Rapaport Group founded?
Rapaport Group was founded in 1978. It employs 101 to 250 people.
Where is Rapaport Group based?
Rapaport Group is headquartered in New York, United States, in the North America region.
How does Rapaport Group make money?
Four revenue lines are on record. Rapaport Price List Subscription is the primary driver. The others are rapaport Trade Membership, rapaport Auctions and rapaport News and Intelligence.
Who are Rapaport Group's main competitors?
Sarine Technologies is listed as an others. Direct peers are IDEX Online, Polygon (Polygon.net) and Bonas Group. Broad incumbents are Gemological Institute of America (GIA), De Beers Group, ALROSA, Sotheby's (Jewelry & Diamonds division) and Blue Nile. StoneAlgo is listed as an emerging player.
Does Rapaport Group have an API?
No public API is recorded for Rapaport Group.
What industry is Rapaport Group in?
Rapaport Group's product category is Diamond Trading and Pricing Platform. Its primary akta.pro industry code is CRAKAJAJ, Diamond & Gemstone B2B Exchanges/Marketplaces, with a secondary code of CRAKAJAI, Diamond/Gemstone Auction Houses & Tender Platforms. Its NAICS code is 423940 and its SIC code is 5094.