FundedIQ
Financial Services

Rain

Rain is an operator of digital currency exchange and custodian intended to make digital transactions. Rain is a regulated cryptocurrency exchange operating in the Middle East. It was founded in 2017 and is based in Manama, Al Manamah, Bahrain.

rain.bh Manama, Bahrain 251-500 employees
Total raised
$185M
Latest round: +147% of prior total
Rounds
2
Latest
Series B
Jan 2022

Rain is an operator of digital currency exchange and custodian intended to make digital transactions. Rain is a regulated cryptocurrency exchange operating in the Middle East. It was founded in 2017 and is based in Manama, Al Manamah, Bahrain.

Rain has raised $185M across 2 rounds. Its most recent round was a Series B of $110M in Jan 2022. Full funding history, investors, and team are detailed below.

Funding history

2 rounds · 1 visible Unlock with plan

2 rounds on record — latest round shown, the rest unlock with a paid plan.

Date
Round
Amount
Lead investor
Jan 18, 2022
Series B
$110M

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People

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LinkedIn

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