Rain

Rain

Private
ManamaCrypto & Web3https://rain.com

Last Round

Series A

Mar 24, 2025

Total Funding Raised

$143M

Company Overview

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

Sector

Crypto & Web3

Verticals

Stablecoins, Crypto Exchanges, Investment Platforms, RegTech, Digital Wallets

Business Model

B2C

Customer Profile

Payment Processing Fee

AI Layer

Non-AI

Keywords

stablecoin infrastructurecryptocurrency exchangecrypto exchangeregulated crypto exchangestablecoin platformcrypto custodycrypto OTC deskinstitutional cryptostablecoin paymentscrypto tradingstablecoin cardcrypto cold storagetransaction fees

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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Rain Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Rain Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series AMar 24, 2025
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

InvestorRounds
BitMEX VenturesSeed
Global Founders CapitalSeries B
Taibah ValleySeed
JIMCOSeries A, Series B
ParadigmSeries B
Vinyl CapitalSeries A
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.

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 FundingMar 24, 2025

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.