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