Rain Local

Los Angeles, United States Founded: 2014 • Age: 12 yrs
Ad creation and delivery platform for mobile

About Rain Local

Rain Local is a company based in Los Angeles (United States) founded in 2014.. Rain Local has raised $100 thousand across 1 funding round from investors including 500 Global. Rain Local operates in a competitive market with competitors including InMobi, Tapjoy, Vungle, GroundTruth and Chartboost, among others.

  • Headquarter Los Angeles, United States
  • Sectors
    Business Services
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Business Services → Customer Experience & Marketing Services
Media & Entertainment → Marketing, Advertising & Adtech
Media & Entertainment → Marketing, Advertising & Adtech
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $100 K (USD)

    in 1 rounds

  • Latest Funding Round
    $100 K (USD), Seed

    Aug 01, 2014

  • Investors
  • Employee Count
    Employee Count
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People of Rain Local
Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Evan Murray
Head of Operations
People
Nabin Chhetri
Senior Account Manager
People
Han P.
Chief Executive Officer
People
Feyisayo Ajibola
Sales Representative

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Funding Insights of Rain Local

Rain Local has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in August 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $100,000
  • First Round

    (01 Aug 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2014 Amount Seed - Rain Local Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Rain Local

Rain Local has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 500 Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital and acceleration are provided to tech startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Rain Local

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Rain Local

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Rain Local Comparisons

Employees
+
Add Comparison
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Competitors of Rain Local

Rain Local operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as InMobi, Tapjoy, Vungle, GroundTruth and Chartboost, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Platform offering mobile ad network software
domain founded_year HQ Location
Mobile advertising & monetization
domain founded_year HQ Location
Mobile apps are promoted and monetized via in-app video trailers.
domain founded_year HQ Location
A location analytics platform for marketing applications is provided.
domain founded_year HQ Location
Ads monetization platform based on mobile games
domain founded_year HQ Location
Mobile ad campaigns are managed and optimized via ML platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Rain Local

Solutions Metrix Partners with Rain Local
Prnewswire1 year ago

Frequently Asked Questions about Rain Local

When was Rain Local founded?

Rain Local was founded in 2014.

Where is Rain Local located?

Rain Local is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Is Rain Local a funded company?

Rain Local is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Aug 01, 2014.

What does Rain Local do?

Rain was founded in 2014 in Los Angeles, United States, as a platform in the mobile advertising sector. Ads are created and placed by customers through the system, with locations specified for targeting nearby individuals. Delivery occurs directly to mobile devices of those users. Landing pages are provided upon ad interactions, and real-time reporting is made available to monitor performance. Operations focus on localized ad distribution and analytics.

Who are the top competitors of Rain Local?

Rain Local's top competitors include InMobi, Tapjoy and Vungle.

Who are Rain Local's investors?

Rain Local has 1 investor. Key investors include 500 Global.

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