Tech Company Financing Transactions
Rain Funding Round
On 3/24/2025, Rain raised $24.5 million in funding from Norwest Venture Partners, Canonical Crypto and Coinbase Ventures.
Transaction Overview
Company Name
Announced On
3/24/2025
Transaction Type
Venture Equity
Amount
$24,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Rain has built a vertically integrated issuing stack focused on global services. Rain services platforms, banks, institutional custodians and everything in between. Our mission? To provide our partners with seamless access to products to service their global client base. Rain is an issuer with the Visa Network and offers solutions for card programs across a number of regions and use cases. We power unique and delightful products for leading platforms.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Farooq Malik
Founder
Charles Naut
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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