Rain

Raised $250M in a Series C round, announced 9 January 2026.

Total raised
$250M
Valuation
$1.9B
post-money, Series C, 9 January 2026

Latest round Series CCountry United StatesSector Web3Founded 2021

Round

$250MSeries C, 9 January 2026

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
Sources
Stablecoin Startup Rain Raises $250M Series C at $1.95B Valuation - Its Third Round In Less Than A Year - Crun Crun
Rain Raises $250M Series C to Scale Stablecoin-Powered Payments Infrastructure for Global Enterprises - PR New PR New
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Company

Provides stablecoin-based payment and card infrastructure for businesses and fintech companies.

Based in
New York, United States
Founded
2021
Sector
Web3
Website
rain.ai ↗

Founders

  • Farooq MalikCEO & Co-founder
  • Charles Yoo-Nautco-founderLinkedIn ↗

Links

Website
rain.ai ↗
LinkedIn
Charles Yoo-Naut ↗

Questions

What is Rain's valuation?

Rain was valued at $1.9B post-money when it raised $250M in its Series C round on 9 January 2026, according to the announcement.

How much has Rain raised?

Rain raised $250M in a Series C round, announced on 9 January 2026.

Who invested in Rain?

ICONIQ led. Investors include ICONIQ, Sapphire Ventures, Dragonfly, Bessemer Venture Partners, Galaxy Ventures and FirstMark.