About Rise AI
Rise AI is a company based in Surrey (Canada) founded in 2017 by Yair Miron was acquired by Wix in May 2021.. Rise AI offers products and services including Gift Cards, Store Credit, Cashback, and Loyalty Programs. Rise AI operates in a competitive market with competitors including Society Pass, Perk Labs, loyalBe, AppVantages and Mangos, among others.
- Headquarter Surrey, Canada
- Founders Yair Miron
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Rise-Ai Ecommerce Solutions Ltd
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Products & Services of Rise AI
Rise AI offers a comprehensive portfolio of products and services, including Gift Cards, Store Credit, Cashback, and Loyalty Programs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
System for issuing and managing digital gift cards in eCommerce.
Tool for automated store credit issuance and redemption.
Feature to provide cashback rewards on purchases.
Platform for creating and tracking loyalty memberships.
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Funding Insights of Rise AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Rise AI
Rise AI has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wix. 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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Websites are built using Wix's cloud-based drag-and-drop platform.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Rise AI
| 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 - Rise AI
| 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 |
Rise Ai Comparisons
Competitors of Rise AI
Rise AI 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 Society Pass, Perk Labs, loyalBe, AppVantages and Mangos, 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 |
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| domain | founded_year | HQ Location |
An AI-enabled platform for loyalty technology and analytics is provided.
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| domain | founded_year | HQ Location |
AI-driven digital loyalty and mobile payment platform is provided.
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| domain | founded_year | HQ Location |
Provider of a customer retention and reward platform
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| domain | founded_year | HQ Location |
Digital wallet for loyalty cards and coupons is provided.
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| domain | founded_year | HQ Location |
Cashback rewards are earned via app-based receipt scanning.
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| domain | founded_year | HQ Location |
Loyalty software is provided for mobile reward card wallet management.
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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 Rise Ai
Frequently Asked Questions about Rise AI
When was Rise AI founded?
Rise AI was founded in 2017.
Where is Rise AI located?
Rise AI is headquartered in Surrey, Canada. It is registered at Surrey, British Columbia, Canada.
Who is the current CEO of Rise AI?
Yair Miron is the current CEO of Rise AI. They have also founded this company.
What does Rise AI do?
RISE was founded in 2017 in Surrey, Canada, and operates in the retail technology sector. Automated branded currency solutions are delivered to brands and retailers, facilitating the automation of internal workflows and repeat customer sales. Services enable seamless management of gift cards and loyalty programs, with clients such as the Miami Heat, Free Fly, and Gravity among those served. Operations focus on streamlining e-commerce and in-store transactions.
Who are the top competitors of Rise AI?
Rise AI's top competitors include Society Pass, Perk Labs and Mangos.
What products or services does Rise AI offer?
Rise AI offers Gift Cards, Store Credit, Cashback, and Loyalty Programs.
Who are Rise AI's investors?
Rise AI has 1 investor. Key investors include Wix.
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