About Raise
Raise is a company based in Chicago (United States) founded in 2011.. Raise has raised $198.67 million across 7 funding rounds from investors including Amber Group, PayPal and Bessemer Venture Partners. The company has 74 employees as of December 31, 2022. Raise has completed 2 acquisitions, including Slide Network and Tastebud.co. Raise operates in a competitive market with competitors including CardCash, Plastic Jungle, Gift Card Granny, My Prepaid Center and morphCARD, among others.
- Headquarter Chicago, United States
- Employees 74 as on 31 Dec, 2022
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Raise Marketplace Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$198.67 M (USD)
in 7 rounds
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Latest Funding Round
$63 M (USD), Series D
Feb 26, 2025
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Investors
Amber Group
& 20 more
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Employee Count
74
as on Dec 31, 2022
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Investments & Acquisitions
Slide Network
& 1 more
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Funding Insights of Raise
Raise has successfully raised a total of $198.67M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $63 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series D — $63.0M
- First Round First Round
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series D - Raise | Valuation | Haun Ventures | |
| Sep, 2017 | Amount | Series C - Raise | Valuation | Accel | |
| Jun, 2016 | Amount | Series B - Raise | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Raise
Raise has secured backing from 21 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Amber Group, PayPal and Bessemer Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A venture capital firm focused on crypto technology investments.
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Founded Year | Domain | Location | |
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Private equity investments in China are managed by BlackPine.
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Founded Year | Domain | Location | |
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Venture capital funding and acceleration are provided to sector-agnostic startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Raise
Raise has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Slide Network and Tastebud.co. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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App based marketplace for digital gift cards
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2014 | ||||
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App-based discovery platform for deals on food & beverage products from restaurants and bars
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Raise
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Raise Comparisons
Competitors of Raise
Raise operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CardCash, Plastic Jungle, Gift Card Granny, My Prepaid Center and morphCARD, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Discounted gift cards are exchanged online between buyers and sellers.
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| domain | founded_year | HQ Location |
Gift card exchange platform
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| domain | founded_year | HQ Location |
Online and app based platform to buy & sell gift cards
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| domain | founded_year | HQ Location |
Provides a platform for customized prepaid gift card solutions.
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| domain | founded_year | HQ Location |
Operates a digital hub for managing and redeeming gift cards.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Raise
Frequently Asked Questions about Raise
When was Raise founded?
Raise was founded in 2011.
Where is Raise located?
Raise is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Raise a funded company?
Raise is a funded company, having raised a total of $198.67M across 7 funding rounds to date. The company's 1st funding round was a Series B of $818.32K, raised on Oct 11, 2011.
How many employees does Raise have?
As of Dec 31, 2022, the latest employee count at Raise is 74.
What does Raise do?
No comprehensive information about Raises activities, sectors, or solutions is provided on the website. The content lacks depth to outline the companys operations or focus areas.
Who are the top competitors of Raise?
Raise's top competitors include CardCash, Plastic Jungle and Gift Card Granny.
How many acquisitions has Raise made?
Raise has made 2 acquisitions, including Slide Network, and Tastebud.co.
Who are Raise's investors?
Raise has 21 investors. Key investors include Amber Group, PayPal, Bessemer Venture Partners, Accel, and Haun Ventures.
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