Rainmaker Analysis: $401K Raised
What is Rainmaker?
Rainmaker is a mobile-first crypto wallet for DeFi positions and investment management. The company describes the product as account-abstraction based, which points to smart-wallet style transactions rather than a standard externally owned wallet. The site result also says the Rainmaker Mobile App is in phase 2 of a planned sunset, with funds migration instructions.
Location
New York, NY 10014, US
Employees
1-10
Founded
2022
Business Model
Freemium model with in-app purchases and potential advertising revenue streams.
Product Features & Capabilities
- Airdrop participation, cryptocurrency asset management, portfolio management, one-tap deposits, self-custody via 4FA MPC technology, gamified learning for cryptocurrency trading.
How much Rainmaker raised
Seed - $401K
February 1, 2022Lead Investor: Mumbai Fabrics
Who are the founders of Rainmaker
CR
Carlos Reyes Stoneham
Founder
BT
Brent Traut
Co-founder
Market Focus
Rainmaker primarily focuses on the finance industry, specifically in the area of digital asset management and cryptocurrency, offering services related to airdrops and asset management for users.
Investors
- Long Journey Ventures
- Champion Hill Ventures
- 1517 Fund
- Day One Ventures
- MZ Web3 Fund
- Y Combinator
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