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Rainforest raises $29m Series B for embedded payments

Rainforest raises $29m Series B for embedded payments

September 8, 2025

Rainforest, an embedded payments provider serving vertical software platforms, has closed a $29m Series B funding round.

Latest Analysis

Artificial intelligence may dominate the current conversation around insurance technology, but the story of InsurTech itself has followed a different trajectory. A decade ago, the sector was defined by the promise of disruption. Venture capital flowed into startups promising to rebuild insurance from the ground up. This swell of momentum saw surged to record levels, peaking at more than $15bn globally in 2021, according to CB Insights.

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