Rain

Rain

Private
New York City, New YorkCrypto & Web3https://www.rain.xyz/

Last 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

stablecoin infrastructurecard issuing platformstablecoin cardcrypto cardpayments APIcrypto railsissuing as a servicecorporate spendexpense managementcorporate cardwhite-label cardscrypto on-rampcrypto off-rampembedded financeembeddable walletsbanking as a servicecross-border paymentsVisa Principal Member

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

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

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Rain Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series CJan 9, 2026
Series BAug 28, 2025
Series AMar 24, 2025
SeedApr 27, 2022

Key People

Founding team and executive leadership

Volodymyr Libus

Chief Technology Officer Executive Director

Executive Team

Rain Investors

Notable investors and investment history

InvestorRounds
Dragonfly CapitalSeries C, Series B
Endeavor CatalystSeries C, Series B
ICONIQ CapitalSeries C
FirstMark CapitalSeries C
Vinyl CapitalSeries A
DragonflySeries C, Series B
ICONIQ CapitalSeries 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.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

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

HeadquartersNew York City, New York
Employee Range116
Year Founded2021
Last FundingJan 9, 2026

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.







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.