Rain (Financial Software)

Financial Software · Manama, Bahrain · Founded 2017 · Privately Held (backing)

Developer of a cryptocurrency trading platform designed to give a licensed digital currency exchange in the Middle East. Rain (Financial Software) is based in Manama, Bahrain and was founded in 2017. It was valued at $1.9 billion at its later-stage round in Jan 2026, the last priced event on record. It has raised $390 million across 1 recorded round; the latest was a $250 million Series C in Jan 2026.

PMV mark · valuation
$1.9B
Oct 2026
Priced at
its later-stage round
Jan 2026
Total raised
$390.3M
Last round
Later Stage VC (Series C)
Jan 2026

Rain (Financial Software) key facts

as of Oct 2026
  • Developer of a cryptocurrency trading platform designed to give a licensed digital currency exchange in the Middle East.
  • Rain (Financial Software) 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 $390.3M across 1 recorded rounds; the latest was Later Stage VC (Series C) ($250.0M) in Jan 2026.
  • Notable investors include 500 Global, Bessemer Venture Partners, Global Founders Capital, Endeavor Catalyst, Coinbase Ventures — 42 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?
Free account
More of Rain (Financial Software) with a free account
  • ·The complete investor list: 42 names
  • ·Watch Rain (Financial Software): the Monday email on marks, rounds and moves
Create free account
No card required

Membership and data by Private Market View

Rain (Financial Software) funding rounds

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

Rain (Financial Software) valuation

Rain (Financial Software) was valued at $1.9 billion at its later-stage round in Jan 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Rain (Financial Software) raised?

Rain (Financial Software) has raised $390 million in total; 1 of its rounds is on record. The largest on record was a $250 million Series C in Jan 2026.

Rain (Financial Software) investors

42 investors are on record for Rain (Financial Software), including 500 Global, Bessemer Venture Partners, Global Founders Capital and Endeavor Catalyst. By type, the record holds 10 venture capital firms and 2 family offices. The Series C in Jan 2026 drew 7 investors.

Comparable companies

Comparable financial software names by valuation on PrivateMarketView: Clip ($2 billion), Flex ($1.9 billion) and Rain (New York) ($1.9 billion).

About Rain (Financial Software)

Developer of a cryptocurrency trading platform designed to give a licensed digital currency exchange in the Middle East. The company's platform offers a cryptocurrency exchange operating out of the regulatory sandbox, enabling clients to buy, sell, and store digital currency in a regulated, secure, and compliant way.

Industry
Financial Software
Sector
Information Technology
HQ
Manama, Bahrain
Founded
2017
Employees
400
Website
rain.com/
Ownership
Privately Held (backing)

Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.