About RaiseMe
RaiseMe is a company based in San Francisco (United States) founded in 2012 was acquired by CampusLogic in July 2020.. RaiseMe has raised $37.1 million across 6 funding rounds from investors including The Chan Zuckerberg Initiative, CampusLogic and Teamworthy Ventures. The company has 65 employees as of December 31, 2022. RaiseMe operates in a competitive market with competitors including Breakthru, Scholly, Zinch, ScholarJet and ScholarMe, among others.
- Headquarter San Francisco, United States
- Employees 65 as on 31 Dec, 2022
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Raise Labs, 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
$37.1 M (USD)
in 6 rounds
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Latest Funding Round
$15 M (USD), Series B
Jul 26, 2018
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Investors
The Chan Zuckerberg Initiative
& 10 more
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Employee Count
65
as on Dec 31, 2022
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Acquired by
CampusLogic
(Jul 03, 2020)
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Software Development Team
119 people
Senior Team
63 people
Leadership Team
56 people
Product Management Team
45 people
Principal Team
16 people
Human Resources and Administration
15 people
Cloud Team
10 people
Finance and Accounting
10 people
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Funding Insights of RaiseMe
RaiseMe has successfully raised a total of $37.1M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in July 2018. 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 6
- Last Round Series B — $15.0M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Series B - RaiseMe | Valuation | Teamworthy Ventures | |
| Mar, 2017 | Amount | Series B - RaiseMe | Valuation | Redpoint Ventures | |
| Apr, 2015 | Amount | Series A - RaiseMe | Valuation |
investors |
| 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 RaiseMe
RaiseMe has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include The Chan Zuckerberg Initiative, CampusLogic and Teamworthy Ventures. 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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Venture capital is invested in consumer and enterprise software services.
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Founded Year | Domain | Location | |
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Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
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Founded Year | Domain | Location | |
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Redpoint Ventures is engaged in venture capital investments.
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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 RaiseMe
| 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 |
Financial Statements - RaiseMe
| 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 |
Raiseme Comparisons
Competitors of RaiseMe
RaiseMe 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 Breakthru, Scholly, Zinch, ScholarJet and ScholarMe, 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 |
A data platform is offered to engage young communities.
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| domain | founded_year | HQ Location |
Scholarships are matched to high school students via adaptive technology.
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| domain | founded_year | HQ Location |
Student profiles are hosted to enable college recruitment and scholarships.
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| domain | founded_year | HQ Location |
Scholarship seekers are connected to donors through challenge completion.
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| domain | founded_year | HQ Location |
Online platform providing scholarship and student loans for college students
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Raiseme
Frequently Asked Questions about RaiseMe
When was RaiseMe founded?
RaiseMe was founded in 2012.
Where is RaiseMe located?
RaiseMe is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is RaiseMe a funded company?
RaiseMe is a funded company, having raised a total of $37.1M across 6 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on Oct 29, 2012.
How many employees does RaiseMe have?
As of Dec 31, 2022, the latest employee count at RaiseMe is 65.
What does RaiseMe do?
Founded in 2012 in San Francisco, United States, RaiseMe operates in the education technology sector. Micro-scholarships are provided to high school students based on academic achievements and progress toward college. Achievements are added by users to earn funds, with tools for college discovery integrated. An iOS application is offered to facilitate these services across the platform.
Who are the top competitors of RaiseMe?
Who are RaiseMe's investors?
RaiseMe has 11 investors. Key investors include The Chan Zuckerberg Initiative, CampusLogic, Teamworthy Ventures, Strada Education Network, and Salesforce Ventures.
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