Rain Capital

Rain Capital is an early-stage venture capital firm that focuses on investing in transformative technologies across the converging domains of Artificial Intelligence (AI), Cybersecurity, and Healthtech. The firm backs the infrastructure of the AI-native enterprise, recognizing the critical role these sectors play in reshaping infrastructure, trust, and human outcomes. Rain Capital employs an expert-led, community-assisted sourcing approach, partnering with exceptional founders and top academic institutions to identify promising ventures.

Founded in 2017 by Dr. Chenxi Wang, a renowned thought leader, executive, and investor in the cybersecurity industry, Rain Capital was established with the core belief that deep technical and industry expertise is crucial for backing disruptive technologies. Dr. Wang's extensive background, including her role as a former faculty member at Carnegie Mellon University where she helped found the Cybersecurity Lab, underpins the firm's strategic guidance to entrepreneurs.

The firm invests in Pre-seed, Seed, and Series A rounds, supporting companies through their initial critical growth stages. Notable companies in their portfolio include Claroty, JupiterOne, Elisity, Ox Security, Lema AI, and Fleak AI. Rain Capital has also participated in significant funding rounds, such as the $8 million seed round for Manifold, an AI security startup, and the $24 million Series A round for Lema AI, a cybersecurity startup transforming third-party risk with agentic AI.

The Rain Capital team, led by Dr. Chenxi Wang as Founder and General Partner, brings significant expertise to its investments. Dr. Wang is recognized as a top cyber investor and has held executive positions at Intel Security and Forrester. The team actively collaborates with portfolio companies, offering strategic guidance to refine product vision, achieve product-market fit, and scale businesses, driving innovation within its core sectors.