Raise raised $63 million in a funding round led by Haun Ventures to expand its product offering into crypto with Smart Cards.
PRIVATEFeb 27, 2025
Amount Raised
$63 Million
Round Type
Funding Round
ChicagoInformation TechnologyE Commerce
Investors
Paper VenturesSelini CapitalGsrRaj GokalHaun Ventures
Description
Raise, a gift card startup, has raised $63 million in a funding round led by Haun Ventures. The fresh capital will be used to expand into the crypto territory and combat gift card theft using blockchain technology.
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Company Information
Company
Raise
Location
Chicago, Illinois, United States
About
Raise, a renowned pioneer in the gift card industry, has been at the forefront of innovation since its inception in 2013. The company has facilitated over $5 billion in transactions through its Raise consumer app, exchange (GCX), and B2B (Raise for Business) operations. With over 1,000+ brand partnerships, Raise offers activation and real-time redemption capabilities across a network of over one million stores, websites, and applications.
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