Number of Portfolio Companies 3
Number of Exits 
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  • Primary Job Title Co-Founder & Partner
  • Primary Organization 
    Mobi
  • Investor Type  Investment Partner, Individual/Angel
  • Investor Stage  Seed
  • Number of Exits 

Rain Rannu has been a long-time serial entrepreneur in the mobile payments space ever since founding his first company back in 2000. In 2007 he founded Fortumo, the fast-growing mobile payments service for digital and virtual content now available in more than 80 countries. They have recently raised funding from Intel Capital and Greycroft

Partners, and are employing more than 60 people in Estonia, Beijing and San Francisco. Rain Rannu has also been an active member in the Estonian startup scene as a founder of Garage48, among other things.

Number of Investments 3
Rain Rannu has made 3 investments. Their latest investment was Seed Round - Digital Sputnik on Oct 15, 2014, when Digital Sputnik raised
$540K
.
Announced Date  
Organization Name  
Lead Investor  
Funding Round  
Money Raised  
Oct 15, 2014
Digital Sputnik
Seed Round - Digital Sputnik
$540K
Sep 8, 2014
Teleport
Seed Round - Teleport
$2.5M
Sep 18, 2013
Pipedrive
Seed Round - Pipedrive
$2.4M
Number of Partner Investments 2
Announced Date  
Organization Name  
Investor Name  
Lead Investor  
Funding Round  
Money Raised  
Jan 26, 2023
Salv
Superangel
Seed Round - Salv
€4M
Dec 3, 2020
Salv
Superangel
Yes
Seed Round - Salv
€1.5M
Number of Exits 
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Rain Rannu has exits. Their most notable exits are Teleport and Pipedrive.
  • Teleport Teleport builds software to move individuals to the best place to live and work.
  • Pipedrive Pipedrive is the global sales-first CRM and intelligent revenue platform for small businesses
Number of Current Jobs 5
Number of Past Jobs 1
Rain Rannu has 5 current jobs including Founding Partner at Superangel, Member of Supervisory Board at Inbank AS, and Founder at Fortumo. Additionally, Rain Rannu has had 1 past job as the Member of supervisory board at Sportlyzer.
Organization Name  
Title At Company  
Start Date  
End Date  
Sportlyzer
Member of supervisory boardAug 7, 2009Dec 13, 2012
Number of Current Board & Advisor Roles 3
Rain Rannu holds 3 board and advisor roles including Advisor at Greenhouse CI, Member of the Board at Estonian Founders Society, and Investor at FleetFox.
Rain Rannu studied at University of Tartu.
Number of Events 1
Rain Rannu has participated in 1 event, Latitude59 Conference 2017 on May 25, 2017.