Rain Capital is a U.S. venture capital firm based in San Francisco, California, investing in cybersecurity, artificial-intelligence, and analytics sector companies. The firm was founded by Chenxi Wang (Managing General Partner; Chinese-American cybersecurity industry veteran; former Chief Strategy Officer at Twistlock acquired by Palo Alto Networks; former VP at Forrester Research; prominent voice on women-in-cybersecurity and diversity in tech investing). Rain Capital is notable as one of the rare women-of-colour-founded dedicated cybersecurity-sector VC firms and operates at seed and Series A stages with typical initial check sizes in the USD 500,000 to USD 3 million range. The firm has raised multiple institutional funds with aggregate AUM in the USD tens of millions range. Notable portfolio companies include various early-stage cybersecurity, AI / ML applied to security, and adjacent enterprise-technology companies. The firm operates alongside other cybersecurity-specialist VCs including Shield Capital, Forgepoint Capital, Ten Eleven Ventures, and YL Ventures.