RaiseMe Overview
- Year Founded
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2012
- Status
-
Acquired/Merged
- Employees
-
30
- Latest Deal Type
-
M&A
RaiseMe General Information
Description
Operator of a financial aid information and networking platform intended to improve access to higher education through scholarship opportunities. The company's platform assists students to earn micro-scholarships throughout high school based on their individual achievements in class and overall progress, enabling students to get financial assistance to support their academic progress.
Contact Information
Website
www.raise.me(Operating Subsidiary)
Corporate Office
- 230 9th Street
- San Francisco, CA 94103
- United States
Corporate Office
- 230 9th Street
- San Francisco, CA 94103
- United States
RaiseMe Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 01-Jul-2020 | Completed | Generating Revenue | |||
| 7. Debt - PPP | 14-Apr-2020 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 26-Jul-2018 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series A2) | 29-Mar-2017 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 26-Feb-2015 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 31-Aug-2014 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 29-Oct-2012 | Completed | Generating Revenue | |||
| 1. Accelerator/Incubator | 01-Jan-2012 | Completed | Generating Revenue |
RaiseMe Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A2 | ||||||||
| Series A1 | 1,032,301 | $0.000010 | 8% | $1.51 | $1.51 | 1x | $1.51 | 4.93% |
| Series A | 3,712,899 | $0.000010 | 8% | $1.51 | $1.51 | 1x | $1.51 | 17.73% |
RaiseMe Comparisons
Industry
Financing
Details
RaiseMe Competitors (7)
One of RaiseMe’s 7 competitors is FastWeb (Information Services), a Corporate Backed or Acquired company based in Weston, MA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| FastWeb (Information Services) | Corporate Backed or Acquired | Weston, MA | ||||
| Buddy4Study | Formerly VC-backed | Noida, India | ||||
| Inceptia | Corporation | Lincoln, NE | ||||
| Unigo Group | Private Equity-Backed | Portland, OR | ||||
| GyanDhan | Venture Capital-Backed | New Delhi, India |
RaiseMe Signals
RaiseMe Former Investors (20)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Chan Zuckerberg Initiative | Impact Investing | Minority | ||
| Angel (individual) | Minority | |||
| Education Design Studio | Accelerator/Incubator | Minority | ||
| Entangled Group | Accelerator/Incubator | Minority |
RaiseMe FAQs
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When was RaiseMe founded?
RaiseMe was founded in 2012.
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Where is RaiseMe headquartered?
RaiseMe is headquartered in San Francisco, CA.
-
What is the size of RaiseMe?
RaiseMe has 30 total employees.
-
What industry is RaiseMe in?
RaiseMe’s primary industry is Information Services (B2C).
-
Is RaiseMe a private or public company?
RaiseMe is a Private company.
-
What is RaiseMe’s current revenue?
The current revenue for RaiseMe is .
-
How much funding has RaiseMe raised over time?
RaiseMe has raised $32.6M.
-
Who are RaiseMe’s investors?
, Chan Zuckerberg Initiative, , Education Design Studio, and Entangled Group are 5 of 20 investors who have invested in RaiseMe.
-
Who are RaiseMe’s competitors?
FastWeb (Information Services), Buddy4Study, Inceptia, Unigo Group, and GyanDhan are some of the 7 competitors of RaiseMe.
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When was RaiseMe acquired?
RaiseMe was acquired on 01-Jul-2020.
-
Who acquired RaiseMe?
RaiseMe was acquired by CampusLogic.
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