vcspine

Rainfall

Rainfall last closed a fund in November 2025 — 12 months ago.

Next fund
No rhythm to call

It raises on several lines, too close together for one rhythm. No month is guessed; the filing will say.

Filed a single-deal vehicle on Tuesday 27 October 2026 — Rainfall C1, LP, $1M. 021-602631 ↗ This is newer than the record below, which is rebuilt quarterly. See the feed.

Deploying  This firm closed a fund in the last 18 months, so it has money to put to work now as of the last quarterly rebuild.

Funds on file
8
Capital raised
$159M
Latest close
November 2025
Based in
CA

Vehicles on file

VehicleFirst closeAmount Filings
Rainfall HC1, LPNovember 2025$6M offered0002097683 ↗
Rainfall Ventures III, LPJanuary 2022$75M offered0001901573 ↗
Rainfall NV2, LPNovember 2021$2M0001894371 ↗
Rainfall L1, LPJune 2021$2M0001866113 ↗
Rainfall A1, LPMay 2021$2M0001864041 ↗
Rainfall NV1, LPMay 2021$2M0001864033 ↗
Rainfall Ventures II, LPOctober 2020$60M offered0001828283 ↗
Rainfall Ventures I, LP—$10M offered0001733412 ↗

Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.

Named on filings

Ron Rofe

What Rainfall invests in

Typical fund
$6M median, pre-seed / seed scale
Median of this firm’s filed fund sizes on Form D.
Website
rainfall.com
As filed by the adviser on Form ADV, March 2026.

Service providers

Fund administrator
Aduro (5 funds)
Auditor
Frank Rimerman (3 funds)

From Form ADV filed by RAINFALL VENTURES MANAGEMENT, LLC CRD 309268 ↗, latest filing March 2026, covering 5 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.

What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.

What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.

“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.