FundedIQ
Commerce and Shopping

Raise: Funding, Investors & Team (Sep 2026)

Raise is an online payment platform that offers consumers the opportunity to buy discounted gift cards and save money on purchases at different stores. Users can buy and sell gift cards on the platform, creating a marketplace for exchanging unwanted cards for cash or other cards. Raise also provides a rewards program where customers can earn points on their purchases, which can be used for future savings. Through partnerships with different brands, Raise expands consumer options and access to a variety of products and services, all while promoting affordable shopping options.

www.raise.com LinkedIn Chicago, United States 101-250 employees
E-Commerce Gift Card Marketplace B2B B2C
Total raised
$63.0M
Rounds
1
Latest
Undisclosed round
Feb 2025

Raise has raised $63.0M across 1 funding round on record, the most recent an undisclosed round of $63.0M announced in Feb 2025.

That round is above the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

Raise Company Profile and Key Stats

Total funding raised
$63.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$63.0M in Feb 2025
Employees
101-250
reported band
Headquarters
Chicago, United States

Latest funding round on record: Feb 2025.

Raise Funding Rounds

Date
Round
Amount
Undisclosed round
$63.0M

Raise Founders and Leadership Team

Name
Role
Contact
George Bousis
Founder
Locked

Contact details for the Raise team: 1 of 1 has an email address on file.

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Raise Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round

Raise's latest round of $63.0M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Raise in Commerce and Shopping and Chicago

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Raise Funding FAQs

What does Raise do?

Raise is an online payment platform that offers consumers the opportunity to buy discounted gift cards and save money on purchases at different stores. Users can buy and sell gift cards on the platform, creating a marketplace for exchanging unwanted cards for cash or other cards. Raise also provides a rewards program where customers can earn points on their purchases, which can be used for future savings. Through partnerships with different brands, Raise expands consumer options and access to a variety of products and services, all while promoting affordable shopping options.

How much funding has Raise raised?

Raise has raised $63.0M across 1 round on record. The most recent is an undisclosed round of $63.0M announced in Feb 2025.

When did Raise last raise funding?

Raise's most recent funding round on record is an undisclosed round of $63.0M, announced in Feb 2025.

Who founded Raise?

FundedIQ lists George Bousis (Founder) at Raise.

Where is Raise headquartered?

Raise is based in Chicago, Illinois, United States.

How many employees does Raise have?

Raise is in the 101-250 employee band.

How does Raise's funding compare to other Commerce and Shopping startups?

Raise's latest round of $63.0M is above the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's Raise Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Raise is left off this page rather than filled in.

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