Rain

Stablecoin-powered cards and everything needed to support them

cryptoStablecoins Yield and vaults Crypto paymentsAlliance

Latest funding

$250M Series B+ · January 9, 2026

Led by ICONIQ · Source: rain.xyz

All 2 rounds ↓

Website: rain.xyz.

X: @raincards · 20,890 followers.

LinkedIn: rainxyz.

Categories: Stablecoins Yield and vaults Crypto payments.

Sectors: Payments.

Subcategory: DeFi yield farming.

Stage: Series B+.

Founded: 2021.

Last round: Jan 9, 2026 · 307 days ago.

On Recent Funding since: Jan 9, 2026.

Signals

X account@raincards · created Apr 21, 2021 (5 years old) · 20,890 followers

Website registeredAug 18, 2018 (8 years old)

Funding rounds

January 9, 2026
Series B+ · $250M · $1.95B valuation
IICONIQ (lead), BBessemer Venture Partners, DDragonfly Capital, FFirstMark, GGalaxy Ventures, LLightspeed, SSapphire Ventures
Source: rain.xyz
April 21, 2021
X account created
August 18, 2018
Website created
Date unknown
AAlliance · accelerator or program
Source: x.com

Founders and team

CN
Charles Naut Founder

@Cnaut · LinkedIn · source: alliance.xyz
FM
Farooq Malik Founder

@rooqster · LinkedIn · source: alliance.xyz

Investors

Companies like Rain

SStraitsX$10M · Oct 2025
33F$4M Seed · Apr 2026
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GGauntlet$125M Series B+ · Jul 2026
CCodex$16M Seed · Apr 2025
RRipple Labs

Other companies backed by ICONIQ

WWealthsimple$425M Series B+ · Oct 2026
NNevis$60M Series B+ · Oct 2026
EEnveda$311M Series B+ · Sep 2026
RRillet$100M Series B+ · Aug 2026
KK2 Space$500M Series B+ · Jul 2026
PPaper$34M Series A · Jul 2026

ICONIQ portfolio →

Sources and API

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/rain (get a free API key).