About Raisin
Raisin is a company based in Berlin (Germany) founded in 2013 by Michael Stephan, Frank Freund, and Tamas Giorgadse.. Raisin has raised $304.17 million across 11 funding rounds from investors including PayPal, Goldman Sachs and M&G. Raisin has completed 3 acquisitions, including CHOICE Financial Solutions, MHB-Bank and fairr.de. Raisin operates in a competitive market with competitors including NerdWallet, LendingTree, Flagstone, TotallyMoney and SmartAsset, among others.
- Headquarter Berlin, Germany
- Founders Michael Stephan, Frank Freund, Tamas Giorgadse
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$304.17 M (USD)
in 11 rounds
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Latest Funding Round
$64.15 M (USD), Series E
Feb 17, 2023
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Investors
PayPal
& 14 more
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Employee Count
Employee Count
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Investments & Acquisitions
CHOICE Financial Solutions
& 2 more
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Funding Insights of Raisin
Raisin has successfully raised a total of $304.17M across 11 strategic funding rounds. The most recent funding activity was a Series E round of $64.15 million completed in February 2023. 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 11
- Last Round Series E — $64.1M
- First Round First Round
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series E - Raisin | Valuation | M&G | |
| Jan, 2022 | Amount | Series D - Raisin | Valuation | Goldman Sachs , Hedosophia |
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| Jul, 2019 | Amount | Series D - Raisin | Valuation | Goldman Sachs Investment Partners |
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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 Raisin
Raisin has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include PayPal, Goldman Sachs and M&G. 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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Diversified asset management firm and private fund focused on debt and equity investments in climate startups, real estate, and multiple sectors
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Investments in growth-stage companies are made by Hedosophia.
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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 Raisin
Raisin has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CHOICE Financial Solutions, MHB-Bank and fairr.de. 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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Retirement savings are managed via an online investment platform.
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2013 | ||||
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Investment consulting services are provided by CHOICE Financial Solutions.
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2010 | ||||
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Commercial banking services are provided by MHB-Bank in Germany.
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1973 |
| 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 - Raisin
| 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 |
Raisin Comparisons
Competitors of Raisin
Raisin 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 NerdWallet, LendingTree, Flagstone, TotallyMoney and SmartAsset, 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 |
App-based comparison platform for financial products
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| domain | founded_year | HQ Location |
Provider of a platform for loan and other consumer financial product comparison
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| domain | founded_year | HQ Location |
Bank deposit accounts are compared through an online platform.
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| domain | founded_year | HQ Location |
Credit comparing website
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| domain | founded_year | HQ Location |
Financial products are compared online to offer data-driven advisory services.
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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 Raisin
Frequently Asked Questions about Raisin
When was Raisin founded?
Raisin was founded in 2013.
Where is Raisin located?
Raisin is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Raisin?
Tamas Giorgadse is the current CEO of Raisin. They have also founded this company.
Is Raisin a funded company?
Raisin is a funded company, having raised a total of $304.17M across 11 funding rounds to date. The company's 1st funding round was a Series D of $28.17M, raised on Jun 01, 2013.
What does Raisin do?
Raisin offers a comparison platform for bank accounts. It offers comparisons of savings accounts term deposits on the basis of interest rates. It also offers comparisons for fixed-rate bonds. It provides deposit guarantee schemes to users.
Who are the top competitors of Raisin?
Raisin's top competitors include NerdWallet, LendingTree and Verivox.
How many acquisitions has Raisin made?
Raisin has made 3 acquisitions, including CHOICE Financial Solutions, MHB-Bank, and fairr.de.
Who are Raisin's investors?
Raisin has 15 investors. Key investors include PayPal, Goldman Sachs, M&G, FJ Labs, and Ribbit Capital.
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