Fundraising Fox

Rain Capital

Venture capital

Bellevue · Pre-Seed–Series A · 8 people tracked

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Investment thesis

Rain Capital invests at the pre-seed, seed, and Series A stages, backing companies through their earliest critical growth phases. The firm focuses on three converging and compounding domains: AI, cybersecurity, and healthtech. It views AI as an accelerant of innovation, cybersecurity as the layer protecting intelligent systems, and healthtech as the application of both to improve human outcomes. Sourcing is expert-led and community-assisted, leveraging relationships with exceptional founders and leading academic institutions to identify opportunities early.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
HQ
Bellevue, WA, US
Leads rounds
Follows
Instruments
Equity
Founded
2021
Last 12 months
3 investments
Tracked investments
37

Team · 8 people

from the firm's website & public directories
David Cross· Venture Partnerin

CISO at Atlassian and former CISO of Oracle Cloud; an angel investor and U.S. Navy veteran.

Dr. David Brumley· Venture Partnerin

Carnegie Mellon professor, Chief AI Officer at Bugcrowd, and founder of Mayhem.

Candice (Yi) Luo· Chief of Staffin

Handles fund operations and GP support, and manages ecosystem and portfolio platform activities.

Charisse Castagnoli· Counselin

Legal partner serving cyber firms with expertise in data privacy and risk.

Mark Godschalk· CFO & COO

An experienced finance leader focused on startup strategy and operations.

What they invest in

from 30 of 37 portfolio companies

Cybersecurity ×24AI & Machine Learning ×23Enterprise Software ×16Developer Tools ×9SaaS ×9Cloud Computing ×7Data & Infrastructure ×4IoT ×3

HQs:United States×9Israel×1

Investments · 37 tracked

founders shown can be your intro path

By year:2026 · 32025 · 12024 · 12023 · 16 dated

Manifold Securitymanifold.securityin✓ verified

Manifold Security provides runtime security and visibility for AI agents deployed on enterprise endpoints, using an agentless approach to detect risky agent behavior such as unauthorized system access and data exposure.

AI & Machine LearningCybersecurityEnterprise Software

Co-investorsCherry VenturesModern Technical

Altitude Networks

Cloud email and data security platform protecting sensitive enterprise data.

Astrix Securityastrix.securityin𝕏

Astrix provides security solutions for AI agents and non-human identities (NHIs) in enterprise cloud environments, helping organizations discover, secure, and govern API keys, OAuth tokens, and service accounts across their infrastructure.

AI & Machine LearningCybersecurityEnterprise Software

Alon Jackson(CEO & co-founder)in

Co-investorsAlphaDriveBessemer Venture PartnersCRV (Charles River Ventures)F2 Venture CapitalMenlo VenturesWorkday Ventures

Better Authbetter-auth.comin𝕏acquired by Vercel

Better Auth is an open-source authentication framework for TypeScript applications that provides composable, plugin-based authentication with support for multiple methods including credential auth, social sign-on, passkeys, and enterprise features.

CybersecurityDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US

Bereket Engida(Founder)in

Co-investorsChapter OneLobster CapitalP1 VenturesSeaplane VenturesTranspose Platform ManagementY Combinator

Capsule8capsule8.comacquired by Sophos

Capsule8 developed runtime security and attack detection software for Linux production environments, protecting cloud workloads, containers, and servers.

Cloud ComputingCybersecurityEnterprise Software

John Viega(Founder)in

Co-investorsBessemer Venture PartnersClearSkyIntel CapitalSyn Ventures Seed Management LlcAramco VenturesIndex Ventures

Clario

AI-native data governance platform for managing enterprise unstructured data.

Clarotyclaroty.comin𝕏

Team82 is a cybersecurity vulnerability and threat research team that identifies software and firmware vulnerabilities in cyber-physical systems.

AI & Machine LearningCybersecurityIoT

Galina Antova(Founder)inYaniv Vardiin

BoardDavid Millstone(co-CEO of Standard Industries and co-CIO of Standard Investments)

Co-investorsArcher Capital GroupArcher Venture CapitalB CapitalBessemer Venture PartnersBMW i VenturesBosch Ventures+14 more

Clover

Product security platform embedding security directly into the software development lifecycle.

Clover Securityclover.securityin𝕏

Clover Security provides automated security design reviews for the agentic software development lifecycle, giving security teams real-time visibility and controls over coding agents and AI-generated code.

AI & Machine LearningCybersecurityDeveloper Tools

Co-investorsNotable CapitalTeam8Team8 Capital

Costanoa Venturescostanoa.vcinMar 2026

Costanoa is a venture capital firm that backs early-stage founders solving large, difficult problems, providing long-term partnership and operational support.

Greg Sands(Founder)inAmy Cheethamin

Co-investorsCostanoa VenturesFoundryUnion Grove Venture PartnersCherry VenturesDVx VenturesFirst In+4 more

Elisityelisity.comin𝕏Mar 2024

Elisity provides an identity-based microsegmentation platform that turns existing network infrastructure (Cisco, Arista, Aruba, Juniper switches and Palo Alto firewalls) into policy enforcement points to discover devices and enforce least-privilege access without agents, new hardware, or re-IPing.

CybersecurityEnterprise SoftwareIoTSaaSSan Jose, US

Brian Thompson(Executive Officer)James Winebrenner(Executive Officer, Director)

BoardBrian Long(Director)inMichael Goguen(Director)inSpencer Tall(Director)inStephen Ward(Director)in

Co-investorsAllegisCyber CapitalAtlantic Bridge VenturesInsight PartnersALLEGIS CAPITALTwo Bear Capital

Fleak AIfleak.ai

Fleak is an AI infrastructure layer that sits between data sources and AI applications, normalizing, filtering, governing, and routing incoming data in real time.

AI & Machine LearningData & InfrastructureDeveloper Tools

Co-investorsHivemind Capital PartnersOakseed VenturesSAV (Scale Asia Ventures)SmartGateVC

Jupiter One enterprise-saasjupiterone.com𝕏

JupiterOne provides security asset management and visualization software that helps organizations map and monitor their digital infrastructure and security posture in a unified platform.

Cloud ComputingCybersecurityEnterprise SoftwareSaaS

Erkang Zheng(Chief Innovation Officer & Chairman of the Board)inPaul Forte(Chief Executive Officer)in

Co-investors11.2 CapitalIntel CapitalSapphire VenturesSGH Capital

JupiterOne

Cyber asset management platform for visibility across cloud and SaaS environments.

Co-investors11.2 CapitalIntel CapitalSapphire Ventures

Lakeralakera.aiinAcquired

Lakera provides an AI-native security platform that protects enterprise GenAI applications, AI agents, and MCPs from threats such as prompt injections, data leakage, and jailbreaks.

AI & Machine LearningCybersecurityEnterprise Software

Co-investorsFly VenturesAtomicoredalpine

Lema AIlema.aiin

Lema is a third-party risk management (TPRM) platform that combines vendor risk assessment with continuous monitoring, using automated analysis to validate vendor claims and surface risks that manual checklists miss.

AI & Machine LearningCybersecuritySaaS

Co-investorsF2 Venture CapitalTeam8 Capital

Manifoldmanifold.incin𝕏Mar 2026 · $8M

Manifold operates a frontier AI lab providing GPU compute infrastructure with hardware-backed data protection and confidential computing capabilities.

AI & Machine LearningCloud ComputingData & InfrastructureAustin, US

Co-investorsDigital Currency GroupCherry VenturesCostanoa VenturesModern Technical

Manifoldmanifoldindustries.aiin𝕏Mar 2026 · $8M

Manifold builds autonomous warehouse robots that perform case picking, palletizing, and trailer loading/unloading, combined with orchestration software that connects to existing ERP, WMS, and WES systems.

Advanced ManufacturingAI & Machine LearningHardwareLogistics & Supply ChainRoboticsLos Angeles, US

Joshua Ibrahim(Founder)inNicolas Yeh(Founder)in

Co-investorsY CombinatorCalibrate VenturesCherry VenturesCostanoa VenturesModern TechnicalReach Capital+1 more

Minimusminimus.ioin𝕏

Minimus develops security solutions for cloud-native applications, founded by the team behind Twistlock.

Cloud ComputingCybersecurityDeveloper Tools

Ben Bernstein(CEO & Co-Founder)Dima Stopel(VP R&D & Co-Founder)John Morello(CTO & Co-Founder)

Co-investorsMayfield FundOregon Venture FundYL Ventures

Mitigamitiga.ioin

Mitiga provides cloud incident response and breach prevention software using AI-driven detection and forensic analysis for enterprises.

AI & Machine LearningCloud ComputingCybersecurity

Ariel Parnes(Founder)inCharlie Thomasin

Co-investorsAtlantic Bridge VenturesClearSkyDnx VenturesGlilot Capital PartnersSyn Ventures Seed Management Llc

Oasis Labsoasislabs.com𝕏

Oasis Labs develops privacy-preserving data analytics and AI tools using differential privacy, homomorphic encryption, and zero-knowledge proofs for organizations that need to analyze sensitive data while protecting individual privacy.

AI & Machine LearningCybersecurityData & InfrastructurePalo Alto, US

Dawn Song(Founder & CEO)Robert Gilchrist Jaros(Executive Officer)

Co-investors1k(x)1kxAmino CapitalAndreessen HorowitzAngelONE CapitalAusum Ventures+18 more

OX Securityox.securityin𝕏

OX Security provides application security solutions that help organizations identify and prioritize exploitable, reachable, and impactful risks across the software development lifecycle.

AI & Machine LearningCybersecurityDeveloper Tools

Neatsun ZivinLior Arziin

Co-investorsEvolution Equity PartnersM12 (Microsoft's Venture Fund)Swisscom Ventures

Project Discoveryprojectdiscovery.ioin𝕏

ProjectDiscovery offers Neo, an autonomous AI-powered security testing platform that continuously scans web applications, APIs, and cloud infrastructure to identify and verify vulnerabilities with high accuracy and minimal false positives.

AI & Machine LearningCybersecurityDeveloper Tools

Rishiraj Sharma(Founder)inSandeep Singh(Founder)in

Co-investorsAngel Collective Opportunity FundCRV (Charles River Ventures)Point72 VenturesSignalFireEssence Venture CapitalMango Capital

Runwayrunway.comin𝕏

Runway helps founders understand financial data and spreadsheets.

AI & Machine LearningEnterprise SoftwareFintechSaaS

Siqi

Co-investorsAndreessen HorowitzChamaeleonDreamers VCShrug Capital75 & SunnyAllianceBernstein+5 more

runZerorunzero.comin𝕏Acquired

runZero provides an exposure management platform that discovers and fingerprints IT, OT, IoT, cloud, mobile, and remote assets without agents or credentials, giving security teams visibility into their attack surface.

CybersecurityIoTSaaS

HD Moore

Co-investorsDecibel Partners

Satorisatoricyber.comin𝕏

Satori provides a data security platform that enables self-service access to data across analytics and production environments while applying dynamic masking and access control policies.

CybersecurityData & InfrastructureEnterprise Software

Co-investorsB Capital GroupB4 CapitalEvolution Equity PartnersYL Ventures

Seemplicityseemplicity.aiin

Seemplicity offers an AI-driven exposure and remediation management platform that aggregates and deduplicates security findings across tools, prioritizes risks, and automates remediation workflows for enterprise security teams.

AI & Machine LearningCybersecuritySaaS

Co-investorsAtlantic Bridge VenturesGlilot Capital PartnersSienna Venture Capital

Simbiansimbian.aiin𝕏

Simbian builds a self-improving security operations (SecOps) platform designed to detect and stop AI-powered cyber-attacks that conclude faster than traditional tools or human analysts can respond.

AI & Machine LearningCybersecurityEnterprise Software

Ambuj Kumar(CEO & Co-Founder)Alankrit Chona(CTO & Co-Founder)Sumedh Barde(Chief Product Officer)

Co-investorsCota CapitalIcon VenturesWipro Ventures

SOC Primesocprime.comin𝕏

SOC Prime provides an AI-assisted detection engineering platform that uses Detection-as-Code principles, real-time threat intelligence, and MITRE ATT&CK mapping to help security teams turn threats into validated detection logic and operationalize detections across SOC environments.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaS

Alex Bredikhin(Founder)in

Co-investorsAngel OneAtlantic Bridge VenturesDnx VenturesRembrandt Venture PartnersStreamlined VenturesJ-Ventures+2 more

SPLX

AI red teaming and security platform for AI applications across the full lifecycle.

SplxAIsplx.aiin𝕏Feb 2025

SPLX offers a security platform for enterprise AI systems, covering automated red teaming, runtime protection against prompt injections and data leakage, governance and compliance mapping, and remediation.

AI & Machine LearningCybersecurityEnterprise SoftwareDover, US

Kristian Kamber(Executive Officer, Director)Ante Gojsalic(Executive Officer, Director)

BoardStanislav Sirakov(Director)in

Co-investorsDNV VenturesInovo VCSouth Central VenturesLAUNCHub Ventures

Straikerstraiker.ai

Straiker builds security software for enterprise AI agents, offering agent discovery, autonomous red teaming for attack paths, and runtime protection across tools, data, MCP servers, and workflows.

AI & Machine LearningCybersecurityEnterprise SoftwareMountain View, US

Ankur Shah(Co-Founder & CEO)Sreenath Kurupati(Co-Founder & CTO)

Co-investorsGTM CapitalNeva Sgr.

Tetratetetrate.ioin𝕏

Tetrate builds AI governance and routing infrastructure for enterprises, including a service that routes queries to models based on cost, performance, and policy, and a director product for centralized governance and visibility across teams and providers.

AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise Software

Co-investorsNTT Venture Capital8VC

Tinfoiltinfoil.shin𝕏

Tinfoil develops secure hardware and systems, with expertise in privacy and security protocols.

AI & Machine LearningCloud ComputingCybersecurityDeep TechDeveloper ToolsEnterprise SoftwareHardwareSan Francisco, US

Tanya Verma(Founder)inJules Drean(Founder)inSacha Servan-Schreiber(Founder)inDanielle Chun(Head of Operations)in

Co-investorsY Combinator

Tuskiratuskira.aiin

Tuskira offers FedSOC, a federated detection platform that generates security detections across distributed telemetry and correlates signals across 150+ security tools without centralizing logs.

AI & Machine LearningCybersecurityEnterprise Software

Piyush Sharma(Co-founder, CEO)Vipul Parmar(Co-founder, CTO)Om Moolchandani(Co-founder, CPO)

Co-investorsIntel CapitalSYN VenturesSyn Ventures Seed Management LlcWipro Ventures

Ventriloventrilo.aiinApr 2023

Ventrilo is an AI assistant platform that provides support for writing, research, and productivity tasks while prioritizing user control and creative enhancement over automation.

AI & Machine LearningDeveloper ToolsSaaSSan Francisco, US

Andy Chou(Executive Officer, Director)

Co-investorsAndreessen HorowitzInception Studio Capital

Exits · 2

IPOs and acquisitions across the tracked portfolio

Better Authacq. by VercelCapsule8acq. by Sophos

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Rain Capital made?
Rain Capital has 34 tracked investments, 3 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
What stage does Rain Capital invest at?
Rain Capital invests at the Pre-Seed, Seed, Series A stages.
What sectors does Rain Capital focus on?
Rain Capital focuses on AI & Machine Learning, Cybersecurity, Healthtech.
Where is Rain Capital located?
Rain Capital is headquartered in Bellevue, US.
Does Rain Capital lead rounds?
Rain Capital typically participates in rounds rather than leading them.
Who does Rain Capital co-invest with?
Rain Capital most often shares deals with Atlantic Bridge Ventures, Andreessen Horowitz, Bessemer Venture Partners, among 98 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Dr. Chenxi Wang \\ Founder and General Partner of Rain Capital

CybHER · Dr. Chenxi Wang

Co-investors · 15

CRV (Charles River Ventures)

CRV (Charles River Ventures) is an early-stage venture capital firm that backs founders leading seed and Series A rounds, having invested for over 55 years since its 1970 founding.

$250K – $5M
Mayfield Fund

Mayfield is a venture capital firm that invests in early-stage consumer and marketplace companies, backing founders from inception through IPO.

Both backed · 1
$500K – $12M
SignalFire

SignalFire is a venture capital firm that positions itself as being built like a tech company, offering founders in-house AI/ML tools, data, advisory programs, and sector experts to support their portfolio.

Both backed · 1
$250K – $15M
Decibel Partners

Decibel Partners is a venture capital firm that invests in early-stage companies, established through a partnership with Cisco.

Both backed · 1
$100K – $10M
LAUNCHub Ventures

LAUNCHub Ventures is an early-stage venture fund investing in seed and Series A companies from South-Eastern Europe and the CEE region.

Both backed · 1
$324K – $3.2M
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies.

$4.4M – $214M
Bain Capital Ventures

Bain Capital Ventures is the venture arm of Bain Capital, backing founders from incubation and seed through growth-stage, leveraging Bain Capital's global platform, industry expertise, and network.

$1M – $100M
Coatue Management

Coatue Management is a technology-focused investment firm that invests in innovation across both public and private markets with responsible risk management.

$1M – $20M
Cyberstarts

Cyberstarts is a venture firm focused on cybersecurity startups, backing founders who have overcome significant challenges and using a systematic process to identify urgent problems in the sector.

Blu Venture Investors

Blu Ventures (Blu Venture Investors) is an early-stage investment firm founded by former operators, backing founders building cybersecurity companies, with AI as a driving force across its portfolio.

$50K – $3M
ForgePoint Capital

ForgePoint Capital is a thesis-driven venture firm investing in early-stage companies in cybersecurity, AI, and infrastructure software.

$5M – $50M
Lightspeed India Partners

Lightspeed India focuses on solving India-specific problems rather than copying U.S. or China playbooks, invests mostly at the seed and Series A stage but can offer much larger follow-on funding through its global platform, and writes checks from about $1 million to $100 million across India and Southeast Asia using the same fund. The firm also provides dedicated in-house support in areas like talent, leadership, and M&A, has added experienced operators such as former Boat CEO Vivek Gambhir and Gojek cofounder Kevin Aluwi as venture partners, prefers secondary share sales over IPOs as its main way of returning capital, and sees India's biggest AI opportunity in application-layer tools and upgrading IT and BPO work rather than building foundational AI infrastructure.

3 more co-investors

Picture CapitalRabbit VenturesCrowdStrike

Firms observed investing alongside Rain Capital, from public investor directories. Shared companies are the overlap with Rain Capital's recorded portfolio.

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