Rainbow - About the company
Rainbow is a series A company based in New York City (United States), founded in 2019 by Jin Chung. It operates as a Mobile wallet for cryptocurrencies. Rainbow has raised $21M in funding from Seven Seven Six. The company has 735 active competitors, including 79 funded and 26 that have exited. Its top competitors include companies like Phantom, Ripio and imToken.
Company Details
Mobile wallet for cryptocurrencies. It also provides an online marketplace for trading NFT. It is an online marketplace for users to sell, manage and purchase digital assets through games.
- Website
- rainbow.me
- Email ID
- *****@rainbow.me
- Registered Address
- 105 SW SPRUCE ST, DUNDEE, OR 97115
Key Metrics
Founded Year
2019
Location
New York City, United States
Stage
Series A
Total Funding
$21M in 4 rounds
Latest Funding Round
Investors
Ranked
6th among 735 active competitors
Employee Count
321 as on May 31, 2026
Legal entities associated with Rainbow
Rainbow is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RAINBOW STUDIOS, INC CIN: 195552790 , United States, Active | Apr 12, 2022 | - | - | - |
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Rainbow's funding and investors
Rainbow has raised a total funding of $21M over 4 rounds. Its first funding round was on Jan 01, 2020. Its latest funding round was a Series A round on Feb 15, 2022 for $*****. 1 investor participated in its latest round. Rainbow has 11 institutional investors.
Here is the list of recent funding rounds of Rainbow:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 15, 2022 | 9433526 | Series A | 2886992 | 6238332 | 4606411 | 1383019 |
Oct 2021 | 8807237 | Seed | 3812510 | 2377403 | 9736294 | 9149518 |
May 01, 2020 | 9768214 | ICO | 2420816 | 9980405 | 7201116 |
View details of Rainbow's funding rounds and investors
Rainbow's founders and board of directors
Founder? Claim ProfileThe founders of Rainbow is Jin Chung.
Here are the details of Rainbow's key team members:
- Jin Chung: Co-Founder of Rainbow. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of Rainbow's Founder profiles and Board Members
Rainbow's employee count trend
Rainbow has 321 employees as of May 26. Here is Rainbow's employee count trend over the years:
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Rainbow's Competitors and alternates
Top competitors of Rainbow include Phantom, Ripio and imToken. Here is the list of Top 10 competitors of Rainbow, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Phantom 2021, San Francisco (United States), Series C | Provider of a self-custodial cryptocurrency wallet with multi-chain support | $277M | 78/100 | |
2nd | Ripio 2013, George Town (Cayman Islands), Series B | Online reseller of Bitcoins | $53.1M | 75/100 | |
3rd | Digital asset wallet for cryptocurrency exchange | $40M | 73/100 | ||
4th | Exodus 2015, Omaha (United States), Public | Colocation, managed hosting, enterprise cloud & IT solutions | - | 72/100 | |
5th | Bitget 2018, Cayman Islands, Series B | Provider of a community-based cryptocurrency and digital asset exchange | $20M | 72/100 | |
6th | Rainbow 2019, New York City (United States), Series A | Mobile wallet for cryptocurrencies | $21M | 71/100 | |
7th | MetaMask 2015, San Francisco (United States), Funding Raised | Developer of a platform for managing digital assets and blockchain interactions | - | 69/100 | |
8th | Platform offering a self-custodial cryptocurrency wallet | $59.7M | 68/100 | ||
9th | Trust Wallet 2005, San Francisco (United States), Acquired | App-based wallet to send, receive and store digital assets | - | 68/100 | |
10th | Blockchain-based explorer and wallets for cryptocurrencies | - | 68/100 |
Looking for more details on Rainbow's competitors? Click here to see the top ones
Rainbow's Investments and acquisitions
Rainbow has made no investments or acquisitions yet.
Reports related to Rainbow
Here is the latest report on Rainbow's sector:
News related to Rainbow
Media has covered Rainbow for a total of 2 events in the last 1 year, 1 of them has been about company updates.
•
Clanker founder rejects Rainbow's offer to acquire Base token launchpadThe Block•Sep 23, 2025•Rainbow, Clanker
•
Rainbow Child Consolidated December 2024 Net Sales at Rs 398.08 crore, up 18.49% Y-o-YMoneycontrol•Feb 24, 2025•Rainbow
•
Blockaid secures USD 33 mln Series A fundingThe Paypers•Oct 23, 2023•Blockaid, Ribbit Capital, Variant Fund, Sequoia Capital and 6 others
•
Web3 mobile wallet startup Rainbow raises $18M Series A from Alexis Ohanian’s fundTechCrunch+•Feb 15, 2022•Rainbow, Seven Seven Six, Reddit, Thirty Five Ventures and 4 others
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