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Rainfall Ventures

North America, New York, United States, New York

Description

Rainfall Ventures is an early-stage venture capital firm based in New York, New York, established with a clear mission to partner with founders globally who are poised to disrupt industries. The firm was founded by Deven Parekh, a former principal at the renowned growth equity firm Insight Partners, bringing a wealth of experience in scaling technology companies to Rainfall's investment approach. Launched with a debut fund of $100 million, Rainfall Ventures positions itself as a committed partner, aiming to provide more than just capital to its portfolio companies.

The firm primarily targets seed and Series A stage companies, demonstrating a preference for early engagement with promising startups. While maintaining a generalist investment philosophy, Rainfall Ventures has shown a particular interest in sectors such as fintech, enterprise software, and SaaS, reflecting their understanding of scalable business models within these domains. Their typical first check sizes range from $1 million to $5 million, indicating a strategic focus on providing substantial initial capital to help early-stage companies achieve critical milestones and accelerate their growth trajectories.

Rainfall Ventures emphasizes a collaborative partnership with founders, leveraging their team's operational expertise and network to support portfolio companies through various growth phases. Their commitment extends beyond initial funding, aiming to assist founders in navigating the complexities of scaling, market expansion, and strategic development. By combining a significant capital base with a hands-on, founder-centric approach, Rainfall Ventures seeks to empower innovative companies to realize their full potential and drive meaningful change across their respective industries.

Investor Profile

Rainfall Ventures has backed more than 98 startups, with 0 new investments in the last 12 months alone. The firm has led 11 rounds, about 11% of its total and boasts 25 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Israel, Brazil.
  • Strong thematic focus on Software, E-Commerce, Internet.
  • Typical check size: $1M – $5M.

Stage Focus

  • Seed (57%)
  • Series A (19%)
  • Series B (13%)
  • Series C (6%)
  • Pre Seed (2%)
  • Convertible Note (1%)
  • Series Unknown (1%)

Country Focus

  • United States (89%)
  • Israel (4%)
  • Brazil (2%)
  • Canada (2%)
  • India (1%)
  • Singapore (1%)
  • United Kingdom (1%)

Industry Focus

  • Software
  • E-commerce
  • Internet
  • Fintech
  • Health Care
  • Information Technology
  • Mobile
  • Financial Services
  • Apps
  • Messaging
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Rainfall Ventures frequently co-invest with?

First Round Capital
North America, California, United States, San Francisco
Co-Investments: 5
Soma Capital
North America, California, United States, San Francisco
Co-Investments: 5
FundersClub
North America, California, United States, San Francisco
Co-Investments: 5
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 5
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 10
SV Angel
North America, California, United States, San Francisco
Co-Investments: 8
BoxGroup
North America, New York, United States, New York
Co-Investments: 13
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 5
Lerer Hippeau
North America, New York, United States, New York
Co-Investments: 12
Slow Ventures
North America, California, United States, San Francisco
Co-Investments: 5

Which angels does Rainfall Ventures often collaborate with?

EL
North America, Florida, United States, Miami Beach
Shared Deals: 2
FG
North America, New York, United States, New York
Shared Deals: 3
JM
Europe, Madrid, Spain, Madrid
Shared Deals: 2
GV
North America, New York, United States, New York
Shared Deals: 2
BD
North America, California, United States, Los Angeles
Shared Deals: 2
PB
North America, California, United States, Mountain View
Shared Deals: 2
AO
North America, California, United States, San Francisco
Shared Deals: 2
SB
North America, New York, United States, New York
Shared Deals: 2
OJ
Europe, England, United Kingdom, London
Shared Deals: 2
SP
North America, California, United States, San Francisco
Shared Deals: 4

What are some of recent deals done by Rainfall Ventures?

Lexington Bakes

Los Angeles, California, United States

Consciously Baked™ Luxe Treats with Natural & Ethical Premium Ingredients and Radical Ingredient Transparency™

BakeryConsumer GoodsFood and Beverage
SeedJul 15, 2025
Amount Raised: $1,000,000
Curri

Ventura, California, United States

Curri is a construction materials provider that develops a last-mile delivery app that connects supply stores to customers.

Building MaterialDeliveryDelivery ServiceLast Mile TransportationLogistics
Series BJun 6, 2023
Amount Raised: $42,000,000
Unito

Montréal, Quebec, Canada

Unito automatically synchronizes your projects, tasks and conversations between different work management tools.

CollaborationInternetProductivity ToolsProject ManagementSoftware
Series BOct 26, 2022
Amount Raised: $20,000,000
Antic

Tel Aviv, Tel Aviv, Israel

Antic developed an end-to-end decentralized infrastructure enabling any company to integrate co-ownership into its platform within minutes.

Asset ManagementBlockchainFinTech
SeedSep 15, 2022
Amount Raised: $7,000,000
Unstoppable Domains

San Francisco, California, United States

Unstoppable Domains launches domains secured by blockchains and builds uncensorable websites.

BlockchainDomain RegistrarInternetWeb3
Series AJul 27, 2022
Amount Raised: $65,000,000
Arist

Cumberland, Rhode Island, United States

Arist helps companies deliver learning, training, and nudges in the flow of work via Teams, Slack, and text message-based courses.

E-LearningEducationMessaging
Series AJul 12, 2022
Amount Raised: $12,000,000
Zippi

São Paulo, Sao Paulo, Brazil

Zippi provides financial services for microentrepreneurs in Latin America.

Financial ServicesPayments
Series AJun 9, 2022
Amount Raised: $16,718,317
LIBLAB

Austin, Texas, United States

LIBLAB provides SDK-as-a-service for companies who want to have SDKs for their APIs.

Developer APIsInformation TechnologySoftware
Series AJun 2, 2022
Amount Raised: $42,000,000
LILA Games

Santa Clara, California, United States

LILA Games is an information technology company that specializes in mobile game development.

Information TechnologyMobileSoftware
Series AMar 16, 2022
Amount Raised: $10,000,000
Permit.io

Tel Aviv, Tel Aviv, Israel

Permit.io empowers developers to bake in permissions and access-control into product in minutes and takes away the pain of rebuilding them.

Customer ServiceCyber SecurityDeveloper APIsDeveloper ToolsSaaSSoftware
SeedFeb 15, 2022
Amount Raised: $6,000,000