Raise Marketplace

digital cards

FOUNDING YEAR: 2010
LOCATION: United States
Last Update: 17/07/2020

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About

Raise is a p2p marketplace for buying and selling gift cards online. The platform allows sellers to earn cash for their unwanted gift cards and gives buyers the opportunity to save at thousands of their favorite brands.

Focus

PRODUCTS & SERVICES

Gift Cards

REVENUE MODEL

The company charge 15% of teh sessling price once gift card sell is completed. For physical gift cards, the greater of $1.00 or 1% of the value is deducted from the payout. Electronic gift cards have no additional shipping fees.

MAIN CLIENTS

Online Retail Consumers

Traction

VALUATION / MARKET CAP:

$413.33 M

People

FOUNDERS

George Bousis

BOARD MEMBERS AND ADVISORS

Don Kingsborough

Jeremy Levine

Tony Florence

Niko Bonatsos

Jeff Cantalupo

Jason Pritzker

Mark Tebbe

NUMBER OF EMPLOYEES

201-500

INVESTORS:

Accel

Bessemer Venture Partners

Eleni Bousis

George Bousis

Jason Pritzker

Jeff Cantalupo

Listen Ventures

New Enterprise Associates

New Enterprise Associates (NEA)

PayPal

PayPal Ventures

Soma Capital

The Pritzker Organization

KEY EMPLOYEES:

George Bousis (CEO)

Momentum

FUNDED

YES

TOTAL FUNDING

$146.6 M

DATE OF LAST FUNDING

Sep 2017

SEED & PRIOR FUNDING

$4.5 M

SEED CLOSED ON

Oct 2012

FUNDING SERIES

SERIES A  · $20.1 M  · Nov 2013

SERIES B  · $62 M  · Jan 2015

SERIES C  · $60 M  · Sep 2017

LISTED

NO

BASICS

FOUNDING YEAR:

2010

LOCATION:

United States

Views:

35 VISITORS | 43 VIEWS
LATEST FUNDING ROUND

$147 M

TOTAL EMPLOYEES
201-500

About

Raise is a p2p marketplace for buying and selling gift cards online. The platform allows sellers to earn cash for their unwanted gift cards and gives buyers the opportunity to save at thousands of their favorite brands.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

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