PrivateMarketView

Rain (New York)

Financial Software · New York, NY · Founded 2021 · Privately Held (backing)

PMV mark · valuation
$1.9B
Oct 2026
Priced at
its later-stage round
Jan 2026
Total raised
$338.4M
Last round
Later Stage VC (Series C)
Jan 2026

Key facts

as of Oct 2026
  • Developer of a noncustodial wallet designed to help users spend their crypto without a centralized exchange.
  • Rain (New York) is valued at approximately $1.9B as of Oct 2026, set at its later-stage round, Jan 2026; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $338.4M across 1 recorded rounds; the latest was Later Stage VC (Series C) ($250.0M) in Jan 2026.
  • Notable investors include Khosla Ventures, Lightspeed Venture Partners, Bessemer Venture Partners, Endeavor Catalyst, Coinbase Ventures — 41 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$1.9B

Valued at $1.9B at its later-stage round, Jan 2026. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Funding rounds

1 rounds
Jan 2026Later Stage VC (Series C)$250.0M▮

About Rain (New York)

Developer of a noncustodial wallet designed to help users spend their crypto without a centralized exchange. The company's wallet leverages a vertically integrated issuing stack focused on global services to allow users to access their funds at all times and spend the balance, enabling startups to access corporate capital wherever they are and drive the adoption of digital money.

Industry
Financial Software
Sector
Information Technology
HQ
New York, NY, United States
Founded
2021
Employees
100
Website
rain.xyz/
Ownership
Privately Held (backing)