Rain is a cryptocurrency brokerage and custodian that caters to the Middle East, Turkey, and North Africa. Founded in 2017, the company operates in the United Arab Emirates and falls within the industries of Crypto, Financial Services, and Platforms. Rain recently secured a substantial $75.00M Series B investment on 09 April 2025. The investment was led by Spark Growth Ventures, Prosus, Nextalia Ventures, QED, and Invus Opportunities. This injection of funds is indicative of the growing interest in the cryptocurrency sector, particularly in regions traditionally underserved by global financial platforms.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series B | $75.00M | 5 |
|
09 Apr 2025 |
| Series B | $110.00M | 9 |
|
18 Jan 2022 |
| Venture Round | $75.00M | - | 12 Nov 2021 | |
| Series A | $25.00M | 1 |
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|
15 Aug 2021 |
| Series A | $25.00M | 1 |
|
09 Aug 2021 |
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