Tech Company Financing Transactions
Rainbow Funding Round
Rainbow, based in New York, secured $18 million in investment from Seven Seven Six, Bloom Investment Holdings and Hyperguap.
Transaction Overview
Company Name
Announced On
2/27/2022
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors
Seven Seven Six (Lead Investor)
private investors (Nikita Bier)
Proceeds Purpose
With the new funds, Rainbow plans to further build out its features including integration of a swap aggregator to ensure users are getting the most cost-effective swap and Ethereum profiles through the Ethereum Name Service.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
257 West 39th street. 9floor
New York, NY 10018
USA
New York, NY 10018
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of mobile wallet designed for financial application focused on a specific cryptocurrency. The company's wallet is fun, simple, and acts as a secure digital asset that provides full transaction history and sends to ENS usernames instead of addresses, enabling users to manage cryptocurrency-based assets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Christian Baroni
Chief Technical Officer
Jin Chung
Co-Founder
Michael Demarais
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About Our Venture Capital Transactions Database
We do our best to record funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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