About Rain
Rain is a company based in Dubai (United Arab Emirates) founded in 2017 by Yehia Badawy, Joseph Dallago, AJ Nelson, and Abdullah Almoaiqel. Rain has raised $128.84 million across 5 funding rounds from investors including Coinbase, Compound and Kleiner Perkins. Rain operates in a competitive market with competitors including KuCoin, Coinsquare, Kraken, Bitso and Coinbase, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Yehia Badawy, Joseph Dallago, AJ Nelson, Abdullah Almoaiqel
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$128.84 M (USD)
in 5 rounds
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Latest Funding Round
$110 M (USD), Series B
Jan 18, 2022
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Investors
Coinbase
& 19 more
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Employee Count
Not available
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People of Rain
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Funding Insights of Rain
Rain has successfully raised a total of $128.84M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $110 million completed in January 2022. 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.
Investors in Rain
Rain has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Coinbase, Compound and Kleiner Perkins.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are directed toward crypto-assets and Web3 businesses.
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Venture capital firm investing in early-stage tech startups
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Venture capital firm focused on early-stage startups
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Investor details for Rain
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Investments & Acquisitions by Rain
Investment portfolio details for Rain
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Financial Statements - Rain
Detailed financials for Rain
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Rain Comparisons
Peer comparison for Rain
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Rain
Rain 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 KuCoin, Coinsquare, Kraken, Bitso and Coinbase, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cryptocurrencies are bought, sold, and traded via this exchange platform.
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Digital assets are bought, sold, and traded on Coinsquare.
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Provider of an app-based trading and exchange platform for cryptocurrency
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Cryptocurrencies are traded and exchanged through an online platform.
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Cryptocurrency trading, storage, and exchange services are offered online.
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Online robo advisory and stock trading services are provided.
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Detailed competitors of Rain
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Latest news on Rain
Complete news archive for Rain
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Frequently Asked Questions about Rain
Rain was founded in 2017.
Rain is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Joseph Dallago is the current CEO of Rain. They have also founded this company.
Rain is a funded company, having raised a total of $128.84M across 5 funding rounds to date.
Rain was founded in 2017 in Dubai, United Arab Emirates, within the cryptocurrency sector. An online platform is operated to enable trading of assets like Bitcoin and Ethereum. Buying, selling, swapping, and storage services are provided to users. Portfolio performance details are displayed for informed investment choices. Operations focus on secure digital asset management in the Middle East region.
Rain has 20 investors. Key investors include Coinbase, Compound, Kleiner Perkins, BitMEX, and Abdul Latif Jameel.