Tech Company Financing Transactions

Raise Funding Round

Accel Partners, Bessemer Venture Partners and New Enterprise Associates participated in a $60 million Series C capital raise for Raise. The financing round was announced on 9/20/2017.

Transaction Overview

Company Name
Announced On
9/20/2017
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series C
Investors

Accel Partners (Lead Investor) (Sameer Gandhi)

Bessemer Venture Partners (Jeremy Levine)

New Enterprise Associates (Tony Florence)

PayPal

Proceeds Purpose
Raise will use the new funds to accelerate the development of its closed loop mobile payments network. The company also plans to deepen its focus on the future of prepaid cards, while aggressively building a world-class retail partnerships team.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
311 W. Superior St. 504
Chicago, IL 60654
USA
Email Address
Overview
Raise is the first peer-to-peer secondary gift card marketplace where you can sell gift cards for cash or buy discount gift cards to all of your favorite brands. This means members like you are the ones doing the buying and selling, but it's more than simple transactions; Raise is a platform to increase your purchase power.
Profile
Raise LinkedIn Company Profile
Social Media
Raise Company Twitter Account
Company News
Raise News
Facebook
Raise on Facebook
YouTube
Raise on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
George Bousis
  George Bousis LinkedIn Profile  George Bousis Twitter Account  George Bousis News  George Bousis on Facebook
Chief Technical Officer
Milo Todorovich
  Milo Todorovich LinkedIn Profile  Milo Todorovich Twitter Account  Milo Todorovich News  Milo Todorovich on Facebook
VP - Operations
Angelo Loumis
  Angelo Loumis LinkedIn Profile  Angelo Loumis Twitter Account  Angelo Loumis News  Angelo Loumis on Facebook


 

 

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Prev: 9/20/2017: MealPal venture capital transaction
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About Our VC Transactions Data

We do our best to report on funding rounds that are announced publicly. VC investment data records on this site come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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