About Rainbow
Rainbow is a company based in New York (United States) founded in 2019 by Jin Chung. It operates as a AI-as-a-Service. Rainbow has raised $21 million across 4 funding rounds from investors including Digital Currency Group and Seven Seven Six. Rainbow offers products and services including Rainbow Wallet, Rainbow Extension, and Rainbow Mobile. Rainbow operates in a competitive market with competitors including imToken, Bitget, Ripio, Phantom and Ultimate, among others.
- Headquarter New York, United States
- Founders Jin Chung
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Rainbow Studios, Inc
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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
$21 M (USD)
in 4 rounds
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Latest Funding Round
$18 M (USD), Series A
Feb 15, 2022
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Investors
Digital Currency Group
& 1 more
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Employee Count
Not available
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Products & Services of Rainbow
Rainbow offers a comprehensive portfolio of products and services, including Rainbow Wallet, Rainbow Extension, and Rainbow Mobile.
A secure wallet for managing cryptocurrencies and NFTs.
A browser tool for quick onchain actions.
A mobile app for onchain Ethereum access.
People of Rainbow
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Software Development Team
2 people
Leadership Team
1 people
Co Team
1 people
Merchandise Team
1 people
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Funding Insights of Rainbow
Rainbow has successfully raised a total of $21M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $18 million completed in February 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 Rainbow
Rainbow has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Digital Currency Group and Seven Seven Six.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on investing in technology startups
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Locked | Locked | Locked | |
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Sector-agnostic incubator focused on blockchain startups
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Locked | Locked | Locked |
Investor details for Rainbow
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Rainbow
Investment portfolio details for Rainbow
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Rainbow
Detailed financials for Rainbow
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Rainbow Comparisons
Peer comparison for Rainbow
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Rainbow
Rainbow 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 imToken, Bitget, Ripio, Phantom and Ultimate, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Digital asset wallet for cryptocurrency exchange
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| Locked | Locked | Locked |
Provider of a community-based cryptocurrency and digital asset exchange
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| Locked | Locked | Locked |
Online reseller of Bitcoins
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| Locked | Locked | Locked |
Mobile app offering live fitness training & workout programs for the users
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| Locked | Locked | Locked |
Crypto wallet platform for decentralized finance navigation is offered.
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Detailed competitors of Rainbow
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Rainbow
Complete news archive for Rainbow
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rainbow
Rainbow was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Rainbow is headquartered in New York, United States. It is registered at New York, New York, United States.
Rainbow is a funded company, having raised a total of $21M across 4 funding rounds to date.
Rainbow is known for offering fun, powerful, and secure crypto wallets for everyday use. Solutions are provided for managing multiple wallets, NFTs, and cross-chain swaps across Ethereum and Layer 2 networks. Support is extended through browser extensions and mobile apps, ensuring accessibility and security. The focus is placed on user control over funds with no access to private keys by the company. A global support team is maintained for user assistance.
Rainbow offers Rainbow Wallet, Rainbow Extension, and Rainbow Mobile.
Rainbow has 2 investors. Key investors include Digital Currency Group, and Seven Seven Six.