Diligence memo · auto-generated · as of July 2, 2026
Rain Technologies Inc.
Rain Technologies Inc. looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
Rain Technologies Inc. operates in Software / Tech, based in NASHVILLE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Rain Technologies Inc. has raised $23M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $23M on 2025-02-10.
Most recent recorded round closed around 2025-02-10.
Valuation (modeled)modeled
Provath models Rain Technologies Inc. at approximately $138M (range $56M–$220M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.39× the median modeled value of Series B Software / Tech companies in 2025–2027 (95 peers) — value vs value, same stage and era. Within the normal band (139% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 17 mo ago; this sector typically re-raises about every 13 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 82% of Software / Tech peers (3920 compared).
Modeled value ranks above 78% of those peers.
Closest niche peers: Machina Labs, Inc., Metaview Technologies Inc., Felix Technologies Inc., Foxglove Technologies Inc., NetBox Labs, Inc..
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.