Rainforest Secures $20M Series A to Enhance Embedded Payments for SaaS

The Atlanta-based startup aims to capitalize on mid-market demand and challenge established players like Stripe.

Rainforest has raised a total of $31.75 million in less than a year, including a recent $20 million Series A round.
The company plans to use the funds to advance technology, expand its team, and launch new market initiatives.
Rainforest specializes in embedding payment processing into software platforms, targeting mid-market firms.
CEO Joshua Silver highlights the company's focus on providing a full package of modern technology and high-touch support.
The startup has seen a 17-fold increase in payment volume since its seed round, signing dozens of new platforms.