
Rainfall Ventures
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
Frequently Asked Questions
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