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Overview
Rain is a fast-growing early wage access and financial wellness benefit vendor globally. With operations in the U.S., Brazil, and India, Rain provides a voluntary employee benefit that is free for employers to implement. Rain integrates with payroll and timekeeping vendors to create a seamless process with almost zero work for the employer.
Through Rain, not only can employees access their pay any day of the week (instead of waiting the traditional two weeks for payday), but they can also take advantage of a free pay card, the ability to instantly access tips after a shift, and other financial wellness tools such as a credit score builder and financial literacy materials. Rain also can offer deep discounts on dozens of other voluntary benefits such as prescriptions and dental care.
Employers win by having one of the leading employee benefits that workers are asking for and by seeing reductions in turnover and increases in job applications.
About
Financial Services, FinTech, Payments, Employee Benefits
2019
101-250
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Rain headquartered in United States, North America, operates in the Financial Services, FinTech, Payments, Employee Benefits sector. The company focuses on Financial Services and has secured $75.4B in funding across 176 round(s). With a team of 101-250 employees, Rain is actively contributing to advancements in Financial Services. Their latest funding round, Funding Round - Rain, raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.
Employees
N/A
Funding Rounds
11
1
0
$428.6M
Details
8
Rain has raised a total of $428.6M in funding over 8 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2022 | Early Stage Venture | |||
2023 | Early Stage Venture | 66.0M | ||
2022 | Early Stage Venture | |||
2022 | Early Stage Venture |
Investors
Rain is funded by 40 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Clear Haven Capital Management | - | FUNDING ROUND - Clear Haven Capital Management | 300.0M |
Hem Suri | - | FUNDING ROUND - Hem Suri | undefined |
Rain | - | FUNDING ROUND - Rain | undefined |
Spark Growth Ventures | - | FUNDING ROUND - Spark Growth Ventures | undefined |
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