Rain is a developer of a financial platform designed to provide a source of cash for managing finances before payday. The company's platform seeks to strealime the process of integration with existing payroll systems and provides up to half of the earned wage on-demand for a small fee similar to an ATM fee, aiming to enable businesses to provide their employees with an alternative source for cash and avoid payday loans.

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Is Rain a publicly traded company?

Rain is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

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Will Rain go IPO?

Rain has not yet filed for an IPO. However, it's important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

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What is Rain's IPO price?

The IPO price for Rain will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Rain pre-IPO?

Rain is privately held company and is not publicly traded, therefor investing in Rain pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.

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What is the value of my Rain shares?

To determine the value of your Rain shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your Rain shares. You can also learn more about how to sell your private shares before getting started.

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Can you sell Rain before it goes public?

Yes, you can seek to sell shares in Rain while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

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What is Rain's funding to date?

Rain has raised $64.58MM to date.
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When was Rain founded?

Rain was founded in 2019.

Who are Rain's major investors?

WndrCo
Lightspeed Venture Partners
Invus Opportunities
QED Investors
Jump Capital
Tribe Capital
Dreamers VC
Mindset Ventures
305 Ventures
Kosinski Ventures
SquareOne Capital

Rain funding rounds and last known valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
3/21/2023

Series A-1 and A-2

$52MM raised $XXX.XX $XXX.XX
12/15/2020

Series Seed-2

$8.58MM raised $XXX.XX $XXX.XX
8/1/2019

Series Seed

$4MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Jul 26, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.