# Rainway

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rainway

- Industry: Software
- Headquarters: Seattle, US
- Website: www.rainway.com
- Total disclosed funding: $5M
- Latest round: Seed (Aug 15, 2019)
- Investors on record: 3

## About

Rainway, Inc. provides a platform enabling users to stream their PC games to any device over the internet, enhancing gaming accessibility and convenience for a diverse audience.Founded in 2017 and headquartered in Seattle, US, Rainway, Inc. specializes in game streaming technology. The company has pivoted its focus from traditional gaming solutions to innovative streaming technologies tailored for on-the-go gamers. Andrew Sampson leads the company as CEO. Rainway has successfully completed two funding deals, with the most recent Seed round in August 2019 raising USD 3.53 mn, led by Bullpen Capital, with participation from GoAhead Ventures and Madrona Venture Group.Rainway, Inc. offers a unique game streaming platform that allows users to play PC games on various devices, including smartphones and tablets. This technology targets everyday challenges related to gaming accessibility and connectivity. Their solutions cater to both individual gamers and the broader gaming community, ensuring a seamless gaming experience across multiple platforms.Rainway, Inc.'s revenue model is based on a combination of direct-to-consumer sales and partnerships with gaming developers. The company utilizes subscriptions and licensing agreements, which establish a consistent revenue stream while providing gamers access to proprietary streaming solutions. This model fosters long-term customer relationships and encourages repeat usage through ongoing service agreements.In the coming year, Rainway, Inc. plans to expand its service offerings and enter new markets, leveraging the USD 3.53 mn raised in their latest funding round to enhance their technology and grow their team. The funds will facilitate the development of new features aimed at improving user experience and gaming performance. Additionally, the company targets strategic expansions into European and Asian markets by late 2020, capitalizing on the increasing demand for cloud gaming solutions.

## Funding rounds

- Seed, Aug 15, 2019, $3.5M — Madrona Venture Group, GoAhead Ventures, Bullpen Capital
- Seed, Jul 30, 2018, $1.5M — GoAhead Ventures

## Investors

- GoAhead Ventures — Seed
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Seed
- Bullpen Capital (https://capitalatlas.ai/funds/bullpen-capital) — Seed