Rain raised a $250M Series C at a $1.95B valuation, its third round in less than a year.
- Amount
- $250M
- Stage
- Series C
- Announced
- 9 January 2026
- Lead
- ICONIQ
- Other investors
- Sapphire Ventures, Dragonfly, Bessemer Venture Partners, Galaxy Ventures, FirstMark, Lightspeed, Norwest, Endeavor Catalyst
- Use of funds
- Expanding licensed markets worldwide, deepening its platform including strategic acquisitions, and investing in new products.
- Total raised
- $338M to date
- Valuation
- $1.9B
- Checked
- Amount and date matched across 2 press sources