# Rain

**Source:** https://www.startuphub.ai/startups/rain
**Profile type:** Startup

> Earned Wage Access (EWA) platform for instant access to earned wages.

## About

Rain is an AI-powered financial health platform that provides employees with instant access to their earned wages, acting as a lifeline rather than a loan. It offers a suite of financial tools including budgeting and spending analysis, aiming to reduce employee financial stress and improve retention and productivity for employers. The platform is designed for the modern workforce and integrates with existing systems.

## Key facts

- **Slug:** rain
- **Website:** https://www.rainapp.com/
- **Location:** Austin, United States
- **Founded:** 2020-01-01
- **Employees:** 1
- **Operating status:** Active
- **Total funding:** $75M
- **Sectors / tags:** Fintech, HR Tech, Earned Wage Access, Employee Benefits, Financial Wellness
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/rainapp

## Frequently asked

### What does Rain do?

Rain is an AI-powered financial health platform that provides employees with instant access to their earned wages, acting as a lifeline rather than a loan. It offers a suite of financial tools including budgeting and spending analysis, aiming to reduce employee financial stress and improve retention and productivity for employers. The platform is designed for the modern workforce and integrates with existing systems.

### What is Rain's revenue?

StartupHub estimates Rain's annual revenue at $274K (range $187K to $341K, 64% confidence), based on comparable companies in the sector.

### What is Rain's valuation?

StartupHub estimates Rain's effective valuation at $307.5M (range $187.5M to $450.0M, 19% confidence), based on comparable companies in the sector.

### How much funding has Rain raised?

Rain has raised a total of $75M in funding. The most recent round on record is Series B.

### Where is Rain headquartered?

Rain is headquartered in Austin, United States.

### When was Rain founded?

Rain was founded in 2020.

### What industry does Rain operate in?

Rain operates in Fintech, HR Tech, Earned Wage Access, Employee Benefits, Financial Wellness.

### How many employees does Rain have?

Rain has approximately 1 people on record.

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