Overview of the RAIN Fund Network
The RAIN Fund Network is a multi-state network of RAIN funds that works with angel investors who are interested in supporting growing companies. RAIN Source Capital helps bring together like-minded angel investors to form individual RAIN funds, and then provides these funds with capital, a process for due diligence, legal templates, management support, access to deal flow and other resources.
RAIN funds share expertise, deals and experiences between and among the RAIN Source Capital’s multi-state network to support growing companies throughout the area.
RAIN Source Capital is working with angel investors in Minnesota, Iowa, North Dakota, South Dakota, Montana, Idaho, Washington, Oregon and other areas.
Feel free to contact RAIN Source Capital if interested in forming a RAIN fund. There are currently RAIN funds located in:
Idaho – based in Boise;
Iowa – based in Cedar Falls, Mason City and Rock Rapids;
Minnesota – based in Alexandria (2), Burnsville, Grand Rapids, Mankato, Mpls/St. Paul, Montevideo, Northfield, St. Cloud, Willmar and Worthington (2);
Montana – based in Kalispell;
North Dakota – based in Bismarck, Fargo and Grand Forks;
South Dakota – based in Aberdeen, Brookings and Sioux Falls.
RAIN funds range in size from seven to 61 members, who have pooled anywhere from $500,000 to $2 million.
Each individual RAIN fund determines what industry it will focus on, and the type and level of financing to provide, based on the interests and expertise of its members. The group uses the RAIN fund’s proven model, with support from RAIN Source Capital, for identifying potential deals, performing due diligence, making investment decisions and monitoring those investments.
The RAIN Fund Network is a multi-state network of RAIN funds that works with angel investors who are interested in supporting growing companies. RAIN Source Capital helps bring together like-minded angel investors to form individual RAIN funds, and then provides these funds with capital, a process for due diligence, legal templates, management support, access to deal flow and other resources.
RAIN funds share expertise, deals and experiences between and among the RAIN Source Capital’s multi-state network to support growing companies throughout the area.
RAIN Source Capital is working with angel investors in Minnesota, Iowa, North Dakota, South Dakota, Montana, Idaho, Washington, Oregon and other areas.
Feel free to contact RAIN Source Capital if interested in forming a RAIN fund. There are currently RAIN funds located in:
Idaho – based in Boise;
Iowa – based in Cedar Falls, Mason City and Rock Rapids;
Minnesota – based in Alexandria (2), Burnsville, Grand Rapids, Mankato, Mpls/St. Paul, Montevideo, Northfield, St. Cloud, Willmar and Worthington (2);
Montana – based in Kalispell;
North Dakota – based in Bismarck, Fargo and Grand Forks;
South Dakota – based in Aberdeen, Brookings and Sioux Falls.
RAIN funds range in size from seven to 61 members, who have pooled anywhere from $500,000 to $2 million.
Each individual RAIN fund determines what industry it will focus on, and the type and level of financing to provide, based on the interests and expertise of its members. The group uses the RAIN fund’s proven model, with support from RAIN Source Capital, for identifying potential deals, performing due diligence, making investment decisions and monitoring those investments.
