# Rainforest Pay

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rainforest-pay

- Industry: Financial Services
- Headquarters: US
- Website: www.rainforestpay.com
- Total disclosed funding: $58M
- Latest round: Series B (Sep 8, 2025)
- Investors on record: 7

## About

Based in Georgia, US, and founded in 2002 by CEO Joshua Silver, Rainforest Pay, Inc. is a developer of a payment-as-a-software platform to simplify and enhance payment processing within software applications that enable software companies to provide financial services. In October 2023, Rainforest Pay, Inc. raised USD 3.25 million in venture debt funding from new investor Silicon Valley Bank. The round was part of a larger USD 11.75 million seed and debt fund. In September 2025, Rainforest Pay, Inc. raised USD 29 million in series B funding co-led by returning investors Infinity Venture and Matrix Partners, with participation from other returning investors Accel and Tech Square Ventures.

Rainforest Pay, Inc. offers an all-in-one platform that enables businesses to seamlessly integrate, manage, and report on payment processing within their software applications. The platform allows developers to significantly reduce development time by leveraging pre-built, embeddable components for payments, reporting, onboarding, and more. The platform supports omnichannel modes, seamlessly integrating card payments and online payments into a unified customer experience. The software offers a variety of payment tools, including low-code components to reduce development efforts and merchant onboarding services that manage risk and compliance. In addition, Rainforest facilitates payments through major providers such as Visa, Mastercard, American Express, and ACH, offering next-day payouts and instant options for faster access to funds.


The company plans to use the October 2023 funding to support its team, develop product offerings, and continue its services.

## Funding rounds

- Series B, Sep 8, 2025, $29M — Accel, Matrix Partners, Tech Square Ventures, Infinity Ventures
- Series A, Jun 26, 2024, $20M — Accel, Matrix Partners, BoxGroup, Tech Square Ventures, Ardent Venture Partners, Infinity Ventures, The Fintech Fund
- Seed, Oct 4, 2023, $8.5M — Accel, BoxGroup, Tech Square Ventures, Ardent Venture Partners, Infinity Ventures, The Fintech Fund

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A, Series B
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed, Series A
- Tech Square Ventures (https://capitalatlas.ai/funds/tech-square-ventures) — Seed, Series A, Series B
- Ardent Venture Partners (https://capitalatlas.ai/funds/ardent-venture-partners) — Seed, Series A
- Infinity Ventures (https://capitalatlas.ai/funds/infinity-ventures) — Seed, Series A, Series B
- The Fintech Fund (https://capitalatlas.ai/funds/the-fintech-fund) — Seed, Series A
- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series A, Series B