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
222 Broadway
New York, NY 10019
USA
New York, NY 10019
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We're rebuilding the pipes money moves through; Rain is developing financial infrastructure to make money move as freely as water. That means eroding borders, removing bottlenecks, and giving platforms and people the power to move value instantly around the world. Stablecoins are already reshaping how value moves as institutions of all sizes wake up to the potential of programmable, transparent, 24/7-settled money.
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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