Rain
PrivateLast Round
Series C
Jan 9, 2026
Est. Valuation
$1.95B
Total Funding Raised
$338.5M
Momentum Score
50 /100
Company Overview
Rain is a global card issuing platform powered by stablecoins. The company provides backend infrastructure, including APIs, compliance layers, and settlement logic, that enables fintechs and wallets to build and launch stablecoin-linked card programs. As a Visa Principal Member, Rain allows partners to issue B2B and consumer cards (both physical and virtual) that are linked directly to self-custody wallets, custodial solutions, or traditional fiat accounts, enabling users to spend crypto at millions of merchants worldwide without needing to manually convert it to fiat currency. The company's omni-chain stack supports native settlement on multiple blockchain networks. Founded in 2021, Rain aims to bridge the gap between digital assets and traditional financial systems.
Sector
Crypto & Web3
Verticals
Stablecoins, Digital Payments, Blockchain Infrastructure, Accounting & Expense, Digital Wallets
Business Model
B2B
Customer Profile
Payment Processing Fee, Subscription SaaS, Freemium
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Rain Comps
Public and private peers based on sector, stage, and business model.
Rain Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Jan 9, 2026 | ||||
| Series B | Aug 28, 2025 | ||||
| Series A | Mar 24, 2025 | ||||
| Seed | Apr 27, 2022 |
Key People
Founding team and executive leadership
Rain Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Dragonfly Capital | Series C, Series B |
| Endeavor Catalyst | Series C, Series B |
| ICONIQ Capital | Series C |
| FirstMark Capital | Series C |
| Vinyl Capital | Series A |
| Dragonfly | Series C, Series B |
| ICONIQ Capital | Series C |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 20, 2026
Reported a 30-fold expansion in business over the past year.
- Feb 13, 2026
Partnering with Horatio for training and enablement.
Rain Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Rain's valuation, stock price, and market status.