Rain Raises $250M in Series C Funding led by ICONIQ to expand its global presence and support stablecoin-powered payments.
Amount Raised
$250 Million
Round Type
Series C
Los AngelesFinancial ServicesFinanceFintechInvestors
Description
Rain, a NYC-based provider of enterprise-grade infrastructure for stablecoin-powered payments, raised $250M in Series C funding, reaching a $1.95 billion valuation. The round was led by ICONIQ with participation from notable investors. The company plans to use the funds to expand into key licensed markets worldwide. Rain's technology enables partners to manage stablecoins through various payment solutions, impacting over 200 organizations globally.
Quick answer
Rain raised $250 Million in a Series C round, dated January 9, 2026. Investors: Norwest Venture Partners, FirstMark Capital, Galaxy Ventures, Endeavor Catalyst, Lightspeed, Sapphire Ventures, Dragonfly and Bessemer Venture Partners. Rain is based in Los Angeles, California, United States.
- How much did Rain raise?
- Rain raised $250 Million in a Series C round on January 9, 2026.
- Who invested in Rain?
- Norwest Venture Partners, FirstMark Capital, Galaxy Ventures, Endeavor Catalyst, Lightspeed, Sapphire Ventures, Dragonfly and Bessemer Venture Partners are named as investors in this round.
- What does Rain do?
- Rain develops and operates cutting edge digital asset authorization and settlement infrastructure in concert with its innovative payment card solutions.
- Where is Rain based and how big is it?
- Rain is based in Los Angeles, California, United States. Fundz records about 61 employees.
- Who are the decision-makers at Rain?
- Fundz holds 2 contacts at Rain, including the Co-Founder and CTO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Rain that raised within 45 days of this round, from Fundz verified event records.
- Roopya raised $441K (Seed) on February 20, 2026.
- Valley National Bancorp raised $50M (Debt Financing) on February 20, 2026.
- NEWITY raised $11M (Corporate Round) on February 19, 2026.
- Tonetag raised $3.9M (Funding Round) on February 18, 2026.
- Otto Money raised $1.3M (Pre-Seed) on February 16, 2026.
- Simplified Financial Solutions raised $20M (Series A) on February 14, 2026.
Who to call at Rain, and when
A new round usually means Rain is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Rain raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Rain, from your own LinkedIn network
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Related People
Rain raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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