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Rain

Rain

Private
ManamaCrypto & Web3https://rain.com/

Last Round

Series B

Jan 18, 2022

Total Funding Raised

$118.5M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Rain is a fintech company that operates a licensed cryptocurrency trading platform and custodian for buying, selling, and storing digital assets in the Middle East.

Sector

Crypto & Web3

Verticals

Crypto Exchanges, Digital Payments, Blockchain Infrastructure, Stablecoins, Compliance & Risk

Business Model

B2C

Customer Profile

Payment Processing Fee, Services & Consulting

AI Layer

Non-AI

Keywords

crypto exchangecryptocurrency brokeragestablecoin infrastructurecrypto on-rampdigital asset custodyover-the-counter tradingOTCcross-border paymentscrypto payment railsinstitutional cryptoGCC crypto marketcrypto complianceregulated exchangecrypto walletcrypto education

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

Rain Comparables

Compare Rain with similar companies based on industry and business-model similarity.

Rain comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
CoinDCX
86%
Checker
76%
Klickl
74%

Rain Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BJan 18, 2022
Series AJan 16, 2021
SeedJul 31, 2019

Key People

Founding team and executive leadership

Jack Haynes

Chief Executive Officer

Executive Team

Joseph Dallago

Co-founder And CEO

Founding Team

Emanuele Chiarelli

Group CFO

Executive Team

Rain Investors

Notable investors and investment history

Rain investors
InvestorRounds
BitMEX VenturesSeed
Dubai International Financial CentreSeries A
Global Founders CapitalSeries B
Taibah ValleySeed
JIMCOSeries A, Series B
ParadigmSeries B
Vision VenturesSeries A, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 28, 2026

    Abdullah Mashat, co-founder of Digital Ma'arefa, joins the company.

  • Apr 28, 2026

    Abdullah Fageih, co-founder of Digital Ma'arefa, joins the company.

Rain Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Rain Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Rain's valuation, stock price, and market status.

Firmographic Details

HeadquartersManama
Employee Range276
Year Founded2017
Last FundingJan 18, 2022

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