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Venture Capital News: Rain Announces $75M Series B Round

2025-04-08
SANTA MONICA, CA, Rain, the employer-integrated earned wage access (EWA) and financial wellness app, announced today it has raised $75 million in Series B equity funding.
The round was led by Prosus with additional participation from Nextalia Ventures, Spark Growth Ventures, and existing investors including QED, Invus Opportunities, and others.

Rain is the trusted leader in employee-centric financial wellness solutions, serving middle-market and enterprise organizations nationwide. Through a comprehensive suite of offerings, including earned wage access and other financial wellness benefits, Rain seamlessly integrates with any organization's existing infrastructure, providing the flexibility essential for effective financial management. Rain's mission is to empower employees to reach financial freedom. At Rain, financial freedom means being able to afford everyday life without stressing about pay dates or pay cycles.
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