Fundraising Fox

Rainforest

92 employees on LinkedIn · 5 known investors

Rainforest provides payment processing infrastructure as a payment facilitator (payfac) service designed for vertical SaaS platforms to embed payments capabilities. The platform enables companies to process card, digital wallet, and ACH payments while handling compliance, fraud detection, and merchant onboarding.

Also known as Rainforest Pay · Rainforest Pay, Inc

Founders & leadership

JSJoshua Silver
Joshua SilverinFounder and CEOHe previously co-founded Patientco, which was acquired by Waystar, has advised more than 50 software platforms on payments strategy, and is a Georgia Tech graduate and angel investor.

Investors · 5

Funding

SEC filings, press & company announcements

$29M disclosed across 1 of 2 rounds · 2024–2025

Source: company announcements and press reports — follow each round's link for the claim.

Key figures

latest reported
HeadcountAug 202692

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

3 people who came through Rainforest went on to found or lead other companies.

Competitors · 9

by search overlap
Stripe201 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
GoCardless173 shared keywordsGoCardless provides bank payment collection and open banking data access services. The platform enables businesses to collect domestic and international payments via bank accounts and securely access customer bank account data across 2,300+ banks in the UK and Europe.
Modern Treasury159 shared keywordsModern Treasury provides a payments infrastructure platform that enables businesses to move and track money across fiat and stablecoin rails through a single API. The company serves enterprises and financial service providers looking to streamline payment operations across multiple currencies, regions, and payment systems.
Ramp152 shared keywordsRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.
Highradius148 shared keywordsHighRadius provides software for order-to-cash and treasury finance operations, including credit, collections, deductions, cash application, and invoicing and payments automation. It serves large enterprises and Fortune 1000 companies looking to improve financial performance metrics such as Days Sales Outstanding.
Plaid146 shared keywordsPlaid provides financial infrastructure and APIs that enable developers to build financial technology products and services. The platform serves fintech companies, developers, and financial institutions by offering consumer-facing applications and backend tools for financial data connectivity.
Bill.com Holdings, Inc.129 shared keywordsBILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
Zendesk126 shared keywordsThis is Zendesk's internal belonging/diversity and inclusion program page, not a company profile page for an external company. It describes Zendesk's internal culture initiatives and leadership development programs.
Qualpay124 shared keywordsQualpay offers an integrated payment processing platform with a product suite, reporting, and analytics for managing payment workflows. It serves merchants, ISOs, ISVs, and financial institutions across various industries.

Companies competing with Rainforest for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Rainforest do?
Rainforest provides payment processing infrastructure as a payment facilitator (payfac) service designed for vertical SaaS platforms to embed payments capabilities. The platform enables companies to process card, digital wallet, and ACH payments while handling compliance, fraud detection, and merchant onboarding.
Who founded Rainforest?
Rainforest was founded by Joshua Silver.
Who are Rainforest's investors?
Rainforest's investors include Accel, Ardent Venture, Infinity Ventures, Matrix, Tech Square Ventures.
How much funding has Rainforest raised?
Rainforest has disclosed $29M raised across 1 of its 2 known rounds.