Story perspectives
Atlanta Startup Rainforest Secures $29 Million for Expansion
9/10/2025
38 4
1 of 1
Story summary
- Rainforest, an Atlanta startup, secured $29 million in Series B funding, bringing its total to $57.5 million since 2022.
- The round was co-led by Matrix Partners and Infinity Ventures, with contributions from Accel and Tech Square Ventures.
- CEO Joshua Silver describes Rainforest as a "payments-as-a-service" provider for vertical software platforms.
- The company has achieved 10x annual revenue growth and serves nearly 100 clients.
- Rainforest plans to expand to Canada and enhance its product offerings, including tap-to-phone payments.
