About Let It Rain
Let It Rain is a company based in Alpharetta (United States) founded in 2009 was acquired by Cendyn in July 2019. Let It Rain has raised $33.8 million across 2 funding rounds from investors including RealPage, SVB and Norwest Venture Partners. Let It Rain has completed 1 acquisition, including Rent Jungle. Let It Rain operates in a competitive market with competitors including Duetto, IDeaS, Room Price Genie, Pruvo and Metro Engine, among others.
- Headquarter Alpharetta, United States
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Sectors
Travel & Hospitality
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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 Capitol Services, 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
$33.8 M (USD)
in 2 rounds
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Latest Funding Round
$33.8 M (USD), Series A
Oct 30, 2012
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Investors
RealPage
& 3 more
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Employee Count
Not available
- Investments & Acquisitions
- Acquired by
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Funding Insights of Let It Rain
Let It Rain has successfully raised a total of $33.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $33.8 million completed in October 2012. 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 Let It Rain
Let It Rain has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include RealPage, SVB and Norwest Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Banking services are provided to innovative companies, investors, and individuals.
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AI-enabled property management software is provided for residential properties.
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Investor details for Let It Rain
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Let It Rain
Let It Rain has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rent Jungle.
Investment portfolio details for Let It Rain
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- Portfolio identities
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Apartment listings are aggregated from over 12,000 U.S. sites online.
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Locked | Locked | 2009 | Locked |
Complete acquisition details for Let It Rain
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Financial Statements - Let It Rain
Detailed financials for Let It Rain
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Let It Rain Comparisons
Peer comparison for Let It Rain
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Let It Rain
Let It 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 Duetto, IDeaS, Room Price Genie, Pruvo and Metro Engine, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based revenue management solutions are provided for the hospitality sector.
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Revenue management software and consulting for hospitality are provided.
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Web-based revenue management solutions for small hotels are provided.
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App-based platform to rebook hotels for travelers
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AI-driven revenue management is provided for hotels and accommodations.
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Revenue management solutions provider
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Detailed competitors of Let It Rain
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Latest news on Let It Rain
Complete news archive for Let It Rain
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Frequently Asked Questions about Let It Rain
Let It Rain was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Let It Rain is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.
Let It Rain is a funded company, having raised a total of $33.8M across 2 funding rounds to date.
The Rainmaker Group was founded in 2009 and is headquartered in Alpharetta, United States. Revenue management and pricing optimization software is developed for the hospitality, gaming, and multifamily housing industries. Solutions such as guestrev for hotel and casino revenue, grouprev for group business optimization, and revintel for business intelligence are offered to support profitability analysis and competitive positioning. Operations focus on data-driven tools for sector-specific revenue strategies.
Let It Rain's top competitors include Duetto, IDeaS and Room Price Genie.
Let It Rain has made 1 acquisition, including Rent Jungle.
Let It Rain has 4 investors. Key investors include RealPage, SVB, Norwest Venture Partners, and Cendyn.