Raise Marketplace Inc.

Based in the US, Raise Marketplace Inc. is a leading platform specializing in gift card transactions and cash-back programs, facilitating consumer savings and brand loyalty through innovative technology. Raise Marketplace Inc. is a gift card marketplace that allows consumers to buy and sell discounted gift cards.

Founded in 2011, the company is headquartered in Chicago, US. Raise has undergone several strategic shifts to enhance its marketplace dynamics and customer engagement. The founders include Chirag R, Chris Moodley, George Bousis, Jill Walzer, Joel T, Josh Telford, Katharine Mainprize, Olivia Phelps, and Rebecca Barrie. The latest funding round, a Series D, raised USD 60.

00 mn led by Haun Ventures on February 26, 2025, bringing the total amount raised to USD 60. 00 mn with a current company valuation of USD 602. 30 mn. Raise specializes in redefining loyalty and rewards systems through its innovative gift card marketplace and cash-back program.

The core offerings include the Raise App, which enables consumers to earn Raise Cash at over 1,000 brands, providing an efficient way to receive up to 20% back on purchases instantly. This app caters to a diverse customer base of over 6 million users, facilitating a seamless shopping experience across various sectors, including retail and dining. Additionally, Raise's business solutions automate loyalty and payment systems, enhancing operational efficiencies for companies looking to engage customers more effectively. The gift card exchange platform allows users to buy and sell discounted gift cards, thereby creating a dynamic marketplace that strengthens brand-consumer relationships.

These products primarily serve markets in the United States and Canada, with plans for future expansion into other geographical regions. Raise's revenue model is based on transaction fees from the sale of gift cards and the cash-back program offered through the Raise App. Retail partners benefit from increased customer engagement as users purchase gift cards at discounted rates, and in turn, Raise earns a percentage from each transaction. The structure of these transactions primarily involves partnerships with retailers, enabling a B2B framework that drives customer loyalty while generating revenue for Raise.

Revenue is further supplemented through automated loyalty solutions that businesses subscribe to, allowing for a more integrated customer relationship management approach. The flagship services encompass the Raise Cash earning program and the gift card marketplace, emphasizing the company's commitment to delivering value to both consumers and brands. In February 2025, Raise Marketplace Inc. raised USD 60.

00 mn in Series D funding led by Haun Ventures, with participation from several other investors. The company plans to use this funding to develop and expand its blockchain-powered gift card solutions for the payments and loyalty industry. Upcoming product developments are focused on integrating advanced technologies to enhance the user experience. Furthermore, Raise is targeting expansion into new markets, specifically beyond the United States and Canada, with a strategic timeline yet to be announced.