Rain (New York)

Financial Software · New York, NY · Founded 2021 · Privately Held (backing)

Developer of a noncustodial wallet designed to help users spend their crypto without a centralized exchange. Rain (New York) is based in New York, NY and was founded in 2021. It was valued at $1.9 billion at its later-stage round in Jan 2026, the last priced event on record. It has raised $338 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
$338.4M
Last round
Later Stage VC (Series C)
Jan 2026
What is Rain (New York) worth?
$1.9BPrivateMarketView mark · Oct 2026

Valued at $1.9B at its later-stage round, Jan 2026. Nothing has traded since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Rain (New York) funding history

1 rounds
DateRoundRaisedPost-money
Jan 2026Later Stage VC (Series C)$250.0M▮
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Rain (New York) valuation

Rain (New York) 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 (New York) raised?

Rain (New York) has raised $338 million in total; 1 of its rounds is on record. The largest on record was a $250 million Series C in Jan 2026.

Comparable companies

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

How Rain (New York)'s valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Rain (New York), the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Rain (New York)

What is Rain (New York) worth?
Rain (New York) is valued at $1.9B as of Oct 2026. Valued at $1.9B at its later-stage round, Jan 2026. Nothing has traded since.
How much has Rain (New York) raised?
Rain (New York) has raised $338.4M in total funding across 1 recorded rounds.
When did Rain (New York) last raise?
Rain (New York) last raised in Jan 2026 (Later Stage VC (Series C)), raising $250.0M.