Overview
Rain, based in New York, United States, has raised $58M in a Series B round on August 28, 2025, with participation from Sapphire Ventures. The company a full stack for the full flow of money. The round will be used to accelerate product development, expand the team, and scale go-to-market operations.
Operating in the financial services sector, Rain is positioned to capitalize on growing demand for innovative solutions in this space. The company was founded in 2021 by Farooq Malik. Farooq brings deep domain expertise and a track record of execution that attracted investor confidence in this round. With fresh capital, the company is expected to invest heavily in R&D and talent acquisition, signaling a period of aggressive growth ahead.
Market Outlook
With $58M now on the balance sheet, Rain enters a new phase of growth that typically involves rapid hiring, technology upgrades, and vendor evaluations. For sales professionals and service providers, this represents a prime opportunity to engage while budget allocation decisions are being made and the team is actively building out its operational infrastructure.
Why contact Rain now
With $58M in fresh capital from Series B, Rain is entering a rapid growth phase. Post-funding startups typically increase headcount by 30-50% and begin evaluating new tools and services immediately. The founders and decision-makers are actively taking meetings right now — making this the perfect time to connect before their calendars fill up.
Founders & Contacts
Investors
Company Facts
| Company | Rain |
| Amount Raised | $58M |
| Funding Round | Series B |
| Date Raised | August 28, 2025 |
| Founded | 2021 |
| Industry | Financial Services |
| Founders | Farooq Malik |
| HQ Location | New York, United States |
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