Rainbow is a crypto startup that builds a mobile wallet app for Ethereum, allowing users to interact with decentralized applications and invest in tokens through decentralized exchanges like Uniswap. The app emphasizes consumer-friendly design with a colorful, emoji-rich interface positioned as a less utilitarian alternative to MetaMask. Rainbow aims to abstract away technical complexity so tasks like buying or selling high-value NFTs feel straightforward to mainstream users. The company launched a public Android beta after an iOS-exclusive period and says a desktop integration is in the works. Rainbow recently closed an $18 million Series A led by Alexis Ohanian’s venture firm Seven Seven Six, following a $1.5 million seed round. Co-founder Mike Demarais is quoted describing the team’s focus on making the wallet accessible to broader, non-developer users as the crypto ecosystem matures.

Total raised

$18M

Funding rounds

1

Latest round

Series A

Latest activity

Feb 2022