Rain

Private

Rain is a global stablecoin payments platform for enterprises, providing infrastructure to move, store, and use stablecoins instantly via Visa rails across 150+ countries.

Founders Farooq Malik, Charles Naut

CEO Farooq Malik

Company

Founded

2021

Headquarters

New York, US

Employees

51-200

Financials

Total Funding

$339M

Last Valuation

$1.9B

Sectors

Fintech Payments Blockchain & Crypto

www.rain.xyz

Funding History

4 rounds

Series C Jan 9, 2026

$250M

Valuation: $1.9B

ICONIQ Capital (Lead) Sapphire Ventures Dragonfly Bessemer Venture Partners Galaxy Ventures Lightspeed Venture Partners Norwest Venture Partners Endeavor Catalyst

Series B Aug 28, 2025

$58M

Sapphire Ventures (Lead) Dragonfly Galaxy Ventures Endeavor Catalyst Samsung Next Lightspeed Venture Partners Norwest Venture Partners

Series A Mar 24, 2025

$25M

Norwest Venture Partners (Lead) Galaxy Ventures Lightspeed Venture Partners Coinbase Ventures

Seed Apr 27, 2022

$6M

Lightspeed Venture Partners (Lead) Coinbase Ventures

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.