Total amount raised
$51 Million
Latest funding date
03/01/2025
Location
Grain has successfully raised funds through two Series A rounds, with Bain Capital Ventures as the lead investor. The fintech company specializes in embedded FX hedging solutions, offering businesses protection from currency volatility through easy API integration and AI-powered models.
With backing from six investors, including Aleph and Bain Capital Ventures, Grain continues to innovate in the financial technology sector. Keep reading to explore the intricacies of Grain's fundraising journey and the investors supporting this innovative platform.
What Is Grain?
Grain is a fintech company based in Tel Aviv, Israel, specializing in embedded FX hedging solutions. The company aims to eliminate risk for customers through exposure analysis, self-service, and easy API integration. Grain's solutions are designed to provide certainty, save costs, and drive higher sales for businesses involved in cross-currency transactions.
Founded in 2025, Grain operates in the financial technology sector, focusing on industries such as travel platforms, supply chain, payment providers, and marketplaces. The company has an employee count ranging from 11 to 50 and is currently at the Series A funding stage.
How Much Funding Has Grain Raised?
- Seed Round
- Amount Raised: USD 18,000,000
- Date: January 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: The seed funding was likely aimed at developing the core technology and establishing the company's market presence.
- Series A Round
- Amount Raised: USD 33,000,000
- Date: March 2025
- Lead Investors: Bain Capital Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate product development and expand the workforce to enhance Grain's AI-driven FX optimization and hedging platform.
Total Amount Raised: USD 51,000,000. Current Valuation: Not publicly disclosed.
Key Investors
- Bain Capital Ventures
- Details: Bain Capital Ventures is a leading venture capital firm that invests in early to growth-stage companies across various sectors. They led the $33 million Series A funding round for Grain.
- Investment Focus Areas: Technology, healthcare, financial services, consumer products.
- Notable Investments: LinkedIn, DocuSign, Jet.com.
- Aleph
- Details: Aleph is a venture capital firm focused on partnering with Israeli entrepreneurs to build large, meaningful companies. They participated in both the Series A and seed funding rounds for Grain.
- Investment Focus Areas: Israeli startups, technology companies.
- Notable Investments: Lemonade, Houseparty, Melio.
- Vesey Ventures
- Details: Vesey Ventures is a venture capital firm that invests in early-stage fintech and enterprise software companies. They participated in both the Series A and seed funding rounds for Grain.
- Investment Focus Areas: Fintech, enterprise software.
- Notable Investments: Not specified in the sources.
- Hanaco Ventures
- Details: Hanaco Ventures is a venture capital firm that invests in innovative companies across various sectors, with a focus on technology and growth. They participated in both the Series A and seed funding rounds for Grain.
- Investment Focus Areas: Technology, growth sectors.
- Notable Investments: Via, Yotpo, Moovit.
What's Next for Grain?
Grain stands at the cusp of significant opportunities, leveraging its AI-driven FX optimization technology to mitigate currency risks in the $150 trillion annual cross-border transactions market. The company is poised to expand into industries such as travel, payments, and AP/AR software, capitalizing on the growing demand for automated FX risk management solutions.
With over $50 million in funding, Grain is well-positioned for future fundraising rounds to support its ambitious growth plans, including doubling its workforce and accelerating product development. The company's rapid expansion and technological advancements make it an attractive candidate for further investment.
However, Grain faces challenges such as integrating its technology into diverse B2B platforms and staying ahead of competitors in the fintech sector. Managing the complexities of FX volatility and maintaining the accuracy of its AI models will be crucial as the company scales its operations.
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like Grain and gather other critical business insights. Sign up for free to start transforming your sales strategy today.
