About Rainmaker
Rainmaker is a company based in Vancouver (Canada) founded in 2023. It operates as a Green Energy-as-a-Service. Rainmaker has raised $25 million across 1 funding round from investors including Lowercarbon, Starship Ventures and Long Journey Ventures. Rainmaker has completed 1 acquisition, including Frederator. Rainmaker offers products and services including Cloud Seeding Technology.
- Headquarter Vancouver, Canada
-
Sectors
Environment
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Rainmaker Technology Corporation
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$25 M (USD)
in 1 rounds
-
Latest Funding Round
$25 M (USD), Series A
May 26, 2025
-
Investors
Lowercarbon
& 3 more
-
Employee Count
Employee Count
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Rainmaker
Rainmaker offers a comprehensive portfolio of products and services, including Cloud Seeding Technology. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud seeding technology is used to increase precipitation effectively.
Funding Insights of Rainmaker
Rainmaker has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series A round of $25 million completed in May 2025. 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 Funding
- Total Rounds 1
- Last Round Series A — $25.0M
-
First Round
First Round
(26 May 2025)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series A - Rainmaker | Valuation | Lowercarbon |
| 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 Rainmaker
Rainmaker has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Lowercarbon, Starship Ventures and Long Journey Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital fund focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Life-Sciences & Tech focused Seed-stage VC Firm investing in geographies such as the US
|
Founded Year | Domain | Location | |
|
SaaS-driven platform to calculate and offset the carbon footprint
|
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 Rainmaker
Rainmaker has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Frederator. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Entertainment services have been provided by Frederator since 1998.
|
1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Rainmaker
| 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 |
Rainmaker Comparisons
Competitors of Rainmaker
| 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.
|
Frequently Asked Questions about Rainmaker
When was Rainmaker founded?
Rainmaker was founded in 2023 and raised its 1st funding round 2 years after it was founded.
Where is Rainmaker located?
Rainmaker is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of Rainmaker?
Michael Hefferon is the current CEO of Rainmaker.
Is Rainmaker a funded company?
Rainmaker is a funded company, having raised a total of $25M across 1 funding round to date. The company's 1st funding round was a Series A of $25M, raised on May 26, 2025.
What does Rainmaker do?
Rainmaker is engaged in developing advanced cloud seeding technology to address water scarcity in the United States. The company operates within the environmental sector, utilizing integrated systems of radar, unmanned aircraft, and weather platforms. Solutions are provided to restore ecosystems, recharge aquifers, and reduce wildfire risks through increased precipitation. Research and transparency are prioritized to validate results and ensure responsible operations.
What products or services does Rainmaker offer?
Rainmaker offers Cloud Seeding Technology.
How many acquisitions has Rainmaker made?
Rainmaker has made 1 acquisition, including Frederator.
Who are Rainmaker's investors?
Rainmaker has 4 investors. Key investors include Lowercarbon, Starship Ventures, Long Journey Ventures, and 1517 Fund.