Rain Raises $58M in Series B
Rain has successfully raised $58M in a Series B at a $340M valuation led by Sapphire Ventures, Paradigm.
Company Overview
Rain is a Crypto company headquartered in New York, NY, founded in 2022 with 80+ employees.
Enterprise-grade stablecoin payments platform for banks and fintechs
Fundraising Details
- Amount Raised: $58M
- Round Type: Series B
- Valuation: $340M
- Date: 2025-08-25
- Investors: Sapphire Ventures, Paradigm
About Rain
Enterprise-grade stablecoin payments platform for banks and fintechs The company is positioned in the Crypto sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: New York, NY
- Founded: 2022
- Team Size: 80+
- Industry: Crypto
What This Means
This funding round demonstrates strong investor confidence in Rain's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Crypto sector continues to attract significant investment as companies innovate to meet evolving market demands. Rain's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $340M valuation marks an important milestone for Rain, positioning the company among notable players in the Crypto industry.
Looking Ahead
With this new capital, Rain is well-positioned to execute on its growth strategy and continue building innovative solutions in the Crypto space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2025-08-25. For more information about Rain, visit their headquarters at New York, NY.
