Rain offers early wage access and financial wellness benefit for mid-market to enterprise employers.
Business Model:
Revenue: $0
Employees: 201-500
Address:
City: Santa Monica
State: California
Zip:
Country: United States
Rain is the fastest-growing early wage access and financial wellness benefit vendor globally. With operations in the U.S., Brazil, and India, Rain provides a voluntary employee benefit that is free for employers to implement. Rain integrates with payroll and timekeeping vendors to create a seamless process with almost zero work for the employer. Through Rain, not only can employees access their pay any day of the week (instead of waiting the traditional two weeks for payday), but they can also take advantage of a free pay card, the ability to instantly access tips after a shift, and other financial wellness tools such as a credit score builder and financial literacy materials. Rain also is able to offer deep discounts on dozens of other voluntary benefits such as prescriptions and dental care. Employers win by having one of the leading employee benefits that workers are asking for and by seeing reductions in turnover and increases in job applications.
Contact Phone:
Contact Email:
Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2021 | Venture Round | 1 | - |
Ethos VC Ethos VC |
12/2021 | Series A | 1 | - |
VentureSouq VentureSouq |
12/2020 | Seed Round | 6 | $8.6M |
Andreas Penna CM Ventures Fritz Lanman QED Investors Russell Cook West Quad Ventures VentureSouq Picus Capital Andreas Penna CM Ventures Fritz Lanman QED Investors Russell Cook West Quad Ventures |
3/2023 | Series A | $0 |
Tribe Capital Tribe Capital Tribe Capital Tribe Capital |
8/2021 | Seed Round | 1 | - |
Christian Edler Christian Edler |
8/2019 | Seed Round | 2 | $4M |
QED Investors West Quad Ventures QED Investors West Quad Ventures |
12/2021 | Series A | 1 | - |
VentureSouq VentureSouq |
8/2021 | Venture Round | 1 | - |
Ethos VC Ethos VC |
8/2021 | Seed Round | 1 | - |
Christian Edler Christian Edler |
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