Rain raised $250 M in a new round of funding on 2026-01-08.

According to media reports, Rain raised $250 M in a new round of funding on 2026-01-08. the investors in this funding round include ICONIQ Capital,Dragonfly,Lightspeed Venture,Bessemer Ventures,Sapphire Ventures,Galaxy Ventures,FirstMark Capital,Norwest Venture Partners,Endeavor Catalyst and others. Following this round, Rain's valuation reached $1 B.

Rain is blockchain-based card issuing and stablecoin interoperability platform. Rain is an issuer with the Visa Network and offers solutions for card programs across a number of regions and use cases.