Raise

company

About

Raise is a marketplace (exchange) for gift cards that is the largest direct-to-consumer seller of digital gift cards in the world.

Details

Last Funding Type
Series C
Last Funding Money Raised
$60M
Industries
E-Commerce,Gift Card,Marketplace
Founded date
Jan 1, 2013
Number Of Employee
251 - 500
Operating Status
Active
Legal Name
Raise Marketplace Inc.
Also Known As
Raise.com,Raise

Raise is a digital prepaid and retail payment platform where consumers save money on every purchase at over 4,000 brands and earn rewards with Raise Pay. As a digital partner to more than 600+ national brands, Raise offers an innovative way for retailers to increase brand loyalty, engagement, and retention by adding value for their core consumers.

Raise has saved its millions of members more than $200 million and received $147 million in funding from leading investors including Accel, PayPal, Bessemer Venture Partners, and New Enterprise Associates. Raise is available on both iOS and Android or at raise.com

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$147.20M
Raise has raised a total of $147.20M in funding over 2 rounds. Their latest funding was raised on Jan 29, 2020 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 29, 2020 Seed 3 Detail
Sep 19, 2017 Series C $60M 7 Accel Detail
Jan 22, 2015 Series B $62M 6 New Enterprise Associates Detail
Nov 11, 2013 Series A $20.10M 3 Bessemer Venture Partners Detail
Oct 2, 2012 Seed $4.50M 3 The Pritzker Organization Detail

Investors

Number of Lead Investors
Number of Investors
4
15
Raise is funded by 15 investors. Accel and Alumni Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Accel Yes Series C
Alumni Ventures Seed
Global Founders Capital Seed
Tom Preston-Werner Seed
Bessemer Venture Partners Series C
Chang Corporation Series C
Jaws Ventures Series C
New Enterprise Associates Series C
PayPal Ventures Series C
Wayne Chang Series C

Employee Profiles

Number of Employee Profiles
11
Raise has 11 current employee profiles, including Executive George Bousis
Executive
Board member
Board member
Board member
Board member

Acquisition

Raise has acquired 2 organizations. Their most recent acquisition was Tastebud on Aug 20, 2015. They acquired Tastebud for 0.

Date Company Name
Industry Acquisition Type Price
Aug 20, 2015 Tastebud
E-Commerce acquisition Detail
Jun 24, 2016 Getslide
Apps acquisition Detail