Rainfall Ventures

Overview

Rainfall Ventures is an early-stage venture capital firm founded in 2011, focusing on pre-seed, seed, and Series A investments in sectors including fintech, AI, gaming, digital health, proptech, and web3. The firm has backed over 100 companies across more than 10 countries, with notable exits including unicorns like Robinhood and Webflow, multiple IPOs, and over 30 acquisitions. It maintains offices in Los Angeles and New York, emphasizing partnerships with mission-driven founders to support industry transformation.¹²³⁴⁷

History

Rainfall Ventures was founded in 2011 by Ron Rofé as an institutionalized rebrand of a family office with roots in social and gaming exits such as VK.com and Plarium. The firm launched Rainfall Ventures Fund I that year, achieving early successes with investments in Robinhood (IPO), Casper (IPO), and Webflow (unicorn valuation over $500M). It has since expanded its portfolio to over 110 companies, generating 3 unicorns, multiple IPOs, and 30+ acquisitions while continuing active investing and fundraising as of 2025.¹²³⁴⁶

Notable Products

• Rainfall Ventures Fund I - Initial fund established in 2011, featuring exits like Robinhood IPO and Webflow unicorn.
• Rainfall HC1 - Current fund in market as of November 2025.

Reputation

Rainfall Ventures is regarded by investors for its strong track record in early-stage investments, producing unicorns, IPOs, and acquisitions through founder-focused support. Professionals note its values-aligned approach and global reach, though some sources conflict on headquarters location between Los Angeles and New York. Enthusiasts appreciate its backing of diverse sectors pre-trend, with consistent deployment into 2025.¹²⁴⁵