Grain secures $33 million Series A to help businesses hedge currency risks in real time
With over $150 trillion in annual cross-border transactions, the startup aims to make FX optimization a competitive advantage.
Grain, a fintech company specializing in foreign exchange (FX) optimization, has secured a $33 million Series A funding round led by Bain Capital Ventures, bringing its total funding to over $50 million. The investment, which follows an $18 million Seed round raised in 2022 but only now disclosed, underscores the growing demand for automated FX risk management solutions as global commerce faces increasing volatility.
Founded in 2022, Grain’s leadership team brings deep expertise in financial markets and fintech innovation. CEO and Co-Founder Dor Golan was previously the managing partner of Blue Orca Capital and co-founder of crypto liquidity firm Horizon. CBO and Co-Founder Aharon Navon formerly led Barclays CEEMEA FX and rates trading. COO and Co-Founder Michal Beinisch served as COO of Barclays Israel and Global Head of Rise, Barclays’ fintech innovation platform, while CPO Nir Galon held product leadership roles at fintech startups Melio, Bluevine, and Rewire.
With more than $150 trillion in cross-border transactions occurring annually, FX fluctuations present a persistent challenge for businesses engaged in international trade. Traditional approaches to managing currency risk often involve costly and complex hedging strategies, leaving companies vulnerable to shifting exchange rates. Grain aims to turn this problem into an advantage by embedding FX optimization directly into sales and payment platforms, helping businesses reduce financial exposure while improving conversion rates.
Grain’s technology integrates seamlessly into B2B software platforms, online marketplaces, and payment providers. By leveraging AI-driven automation, the company’s system dynamically adjusts currency pricing based on real-time market conditions and the end user’s profile, enabling businesses to minimize FX-related revenue losses. The platform also allows CFOs and finance teams to incorporate FX risk-adjusted pricing directly into front-end sales interfaces, offering a level of control and precision previously unavailable in traditional FX management tools.
“Global commerce moves faster than ever, yet FX volatility continues to create barriers for businesses operating across borders,” said Dor Golan, co-founder and CEO of Grain. “At Grain, we’ve set out to shift the paradigm by turning FX from a challenge into a competitive advantage. Our platform enables CFOs to eliminate currency exposure with precision while simultaneously driving revenue growth.”
Grain currently employs 25 people and plans to double its workforce by the end of the year.
