Tech Company Financing Transactions
Rainbow Funding Round
Rainbow closed a $8 million Series A financing round on 1/15/2025. Investors included Zigg Capital and private investors.
Transaction Overview
Company Name
Announced On
1/15/2025
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Zigg Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate its plans to expand its specialized underwriting approach to additional business verticals, with its second program recently launching in select states, followed by a nationwide roll out.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
447 Sutter Street, PMB 114 405
San Francisco, CA 94108
USA
San Francisco, CA 94108
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Historically insurance companies have been focused on responding to claims, showing up (or not) during scary moments to try to make a bad situation slightly better. We're transforming insurance into a positive, risk-preventing force for small businesses, starting with restaurants.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bobby Touran
Chief Technical Officer
Shalom Yiblet
VP - Product Management
Jamie Hankinson
Browse more venture capital transactions:
Prev: 1/15/2025: LetsData venture capital transaction
Next: 1/15/2025: Juno Technolologies venture capital transaction
Share this article
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.
Additional Resources for Entrepreneurs