Raise is an online marketplace that allows users to buy and sell gift cards. Read more

431 Followers on Owler
431 Followers on Owler
431 Followers on Owler
431 Followers on Owler

Raise is an online marketplace that allows users to buy and sell gift cards. Read more

George Bousis's photo - Founder & CEO of Raise Marketplace

Founder & CEO

George Bousis

CEO Approval Rating

60/100

Founded:

2013

Status:

PrivateIndependent Company

TOP COMPETITORS OR ALTERNATIVES

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CardCash is perceived as one of Raise Marketplace's biggest rivals. CardCash was founded in 2008, and its headquarters is in Brick, New Jersey. Like Raise Marketplace, CardCash also works within the Internet Software field. CardCash has 100 fewer employees than Raise Marketplace.

Gyft is one of Raise Marketplace's top rivals. Gyft is a Private company that was founded in 2012 in Mountain View, California. Like Raise Marketplace, Gyft also competes in the Application Software sector. Compared to Raise Marketplace, Gyft has 170 fewer employees.

Tango Card is Raise Marketplace's #3 rival. Tango Card is a Private company that was founded in Seattle, Washington in 2009. Like Raise Marketplace, Tango Card also operates in the Application Software sector. Tango Card has 60 fewer employees vs. Raise Marketplace.

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Growth Score - 1/1

Is $6.6M a good estimate for Raise Marketplace's revenue?

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Slide Network Inc.

Jun 2016

Source »
undisclosed
Slide develops a mobile wallet application for gift cards that lets users check balance and discover nearby locations to use the cards.

These are all the companies that Raise Marketplace has acquired. Raise Marketplace's latest acquisition was Slide Network Inc. in Jun 2016. Slide develops a mobile wallet application for gift cards that lets users check balance and discover nearby locations to use the cards.

Raise Marketplace Funding History

$750K$18.8M$74.8M$75.7M$135.7M

Since Raise Marketplace was founded in 2013, it has participated in 5 rounds of funding. In total Raise Marketplace has raised $135.7M. Raise Marketplace's last funding round was on Sep 2017 for a total of $60.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series C
Sep 2017
$60M

Accel

Equity
Jun 2016
$818.3K
-
Series B
Jan 2015
$56M
Series A
Dec 2013
$18.1M
Equity
Oct 2012
$750K
-

Since Raise Marketplace was founded in 2013, it has participated in 5 rounds of funding. In total Raise Marketplace has raised $135.7M. Raise Marketplace's last funding round was on Sep 2017 for a total of $60.0M

Investments

No recent investments found related to Raise Marketplace

These are all the companies that Raise Marketplace has invested in. Raise Marketplace's latest investment was Slide Network Inc. in Jun 2016. Slide develops a mobile wallet application for gift cards that lets users check balance and discover nearby locations to use the cards.

Raise Marketplace News

December 14, 2017Forbes

How This 30 Year Old Went From Managing His Family's Grocery Business To Raising $147 Million

From a young age George Bousis was being groomed to take over the family business. In his role Bousis... See more »
October 19, 2017Business Insider

This executive left a great job at PayPal to run a gift card startup she thinks could help end poverty

RaisePayPal executive Kathleen Pierce-Gilmore left the company in October to join Raise, a gift card ... See more »
September 21, 2017campfire

Chicago's Raise gets $60 million for its gift card marketplace from PayPal and other investors

By Anna Hensel. Raise, one of Chicago's most well-known consumer startups, announced today that it ha... See more »
September 21, 2017The Paypers

Raise secures USD 60 million in funding, adds PayPal as an investor

(The Paypers) Raise, a US-based startup, has managed to raise USD 60 million in Series C round of fun... See more »
September 19, 2017TechCrunch

Raise gets $60 million for gift card marketplace

Have you ever gotten a gift card for a store you don't shop at? Or have you made a purchase and don't... See more »
September 19, 2017VatorNews

Why George Bousis founded gift card platform Raise

Raise gets $60M to build out its gift card trading platformDo you have gift cards with remaining bala... See more »
September 19, 2017Global Corporate Venturing

Raise retails series C shares for $60m

PayPal is part of a consortium of investors that has pushed the total funding for gift card marketpla... See more »

Raise Marketplace Blogs

April 20, 2016Raise Marketplace Blog

MAKEOVER YOUR BACKYARD WITH KMART GIFT CARDS

Grilling, gardening, throwing outdoor parties, and lounging on the patio-that's what spring and summe... See more »
April 11, 2016Raise Marketplace Blog

Upgrade your home with Sears Gift Cards

It's that time of the year when everyone starts catching the home improvement bug. Refinishing the de... See more »
March 24, 2016Raise Marketplace Blog

The Raise Your Game Playbook

When it comes to winning, Raise has one play that works every time-saving you money. But this year we... See more »
March 9, 2016Raise Marketplace Blog

SPRING BREAK IDEAS & DEALS

Spring is just a couple weeks away, and you know what that means... flowers are blooming, the sun is ... See more »
March 7, 2016Raise Marketplace Blog

INTRODUCING CARD ID FOR ALL MEMBERS

Today is the official launch of our newest feature, Card ID. Card ID is a unique reference number tha... See more »
February 15, 2016Raise Marketplace Blog

Red Carpet Trends To Rock Every Day

When a celeb dresses for the red carpet it's to impress. And we love it. So much so that we want our ... See more »
February 2, 2016Raise Marketplace Blog

Raise A Glass To Our Anniversary

Today is a day we look forward to every year. As some of you might know, Raise turns three today. Whe... See more »

Raise Marketplace Press Releases

June 11, 2015MARKETWIRED

GoodData Customer Raise.com Wins Technology ROI Award From Nucleus Research

Raise.com Shows 804% Return on Investment With GoodData's Insights as a Service Platform... See more »
March 2, 2015BUSINESS WIRE

Raise Welcomes Gift Card Pioneer Don Kingsborough to Board of Directors

CHICAGO--(BUSINESS WIRE)--Raise today announced that Don Kingsborough, a respected titan in the retai... See more »
January 22, 2015BUSINESS WIRE

Raise Secures $56 Million in Series B Funding to Build on Company Momentum and Sustain Rapid Growth

CHICAGO--(BUSINESS WIRE)--Chicago-based Raise, the peer-to-peer marketplace for buying and selling gi... See more »
November 11, 2014BUSINESS WIRE

Gift Card Marketplace Raise.com Launches Mobile App to Revolutionize Retail, Reveals Backing from Bessemer Venture Partners

CHICAGO--(BUSINESS WIRE)--Gift card marketplace Raise.com reveals investment from Bessemer Venture Pa... See more »

Raise Marketplace Videos

November 20, 2017Raise Marketplace Youtube Channel

"Raise® - Buy & Sell Gift Cards" on YOUTUBE

December 22, 2016Raise Marketplace Youtube Channel

"Rock it like Gloria" on YOUTUBE

December 21, 2016Raise Marketplace Youtube Channel

"Raise Member: The Wallet Wizard" on YOUTUBE

December 21, 2016Raise Marketplace Youtube Channel

"The Wallet Wizard" on YOUTUBE

December 21, 2016Raise Marketplace Youtube Channel

"The Master of More" on YOUTUBE

December 7, 2016Raise Marketplace Youtube Channel

"Stay in style like Dexter" on YOUTUBE

December 7, 2016Raise Marketplace Youtube Channel

"Jam out with an extra $10 off" on YOUTUBE

Social Media

Headquarters

11 E Madison St 4th Floor

Chicago, Illinois60602

888-578-8422

Driving Directions »

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Summary

ABOUT

Overview

Raise is an online marketplace that allows users to buy and sell gift cards. Raise Marketplace was founded in 2013. Raise Marketplace's headquarters is located in Chicago, Illinois, USA 60602. It has raised 135.7M in 5 rounds. The latest round was in ...

CEO

Raise Marketplace's Founder & CEO, George Bousis, currently has an approval rating of 60%. Raise Marketplace's primary competitors are CardCash, Gyft & Tango Card.

Website

raise.com

Frequently Asked Questions about Raise Marketplace

  1. When was Raise Marketplace founded?

    Raise Marketplace was founded in 2013
  2. Who is Raise Marketplace's CEO?

    Raise Marketplace's CEO is George Bousis
  3. How much revenue does Raise Marketplace generate?

    Raise Marketplace generates $6.6M in revenue
  4. How much funding does Raise Marketplace have?

    Raise Marketplace has historically raised $135.7M in funding
  1. Where is Raise Marketplace's headquarters?

    Raise Marketplace's headquarters is in Chicago Illinois, USA
  2. How many employees does Raise Marketplace have?

    Raise Marketplace has 200 employees
  3. What sector does Raise Marketplace operate in?

    Raise Marketplace is in Application Software, Internet Software, Online Marketplace
  4. Who are Raise Marketplace's competitors?

    Raise Marketplace's top competitors are CardCash, Gyft, Tango Card