RaiseMe - About the company
RaiseMe is an acquired company based in San Francisco (United States), founded in 2012 by Preston Silverman and Dave Schuman. It operates as a Provider of a platform connecting students with college scholarship opportunities. RaiseMe has raised $38.1M in funding from investors like Redpoint Ventures, Imagine K12 and Teamworthy Ventures. The company has 109 active competitors, including 15 funded and 1 that has exited. Its top competitors include companies like Buddy4study, Unicaf and Bcas.
Company Details
Provider of a platform connecting students with college scholarship opportunities. The platform allows students to highlight academic and extracurricular achievements. Students can unlock potential scholarships based on their portfolio. It helps students discover colleges that may be a good fit.
- Website
- www.raise.me/
- Email ID
- *****@raise.me
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Stage
Acquired
Total Funding
$38.1M in 8 rounds
Latest Funding Round
Investors
Ranked
2nd among 109 active competitors
Employee Count
65 as on Dec 31, 2022
Exit Details
Acquired by CampusLogic (Jul 03, 2020)
Legal entities associated with RaiseMe
RaiseMe is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RAISE LABS, INC. CIN: 455617830 , United States, Active | Dec 26, 999 | - | 65 (As on Dec 31, 2022) | - |
RaiseMe's acquisition details
RaiseMe got acquired by CampusLogic on Jul 03, 2020.
Click here to take a look at RaiseMe's acquisition in detail
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RaiseMe's funding and investors
RaiseMe has raised a total funding of $38.1M over 8 rounds. Its latest funding round was a Series B round on Jul 26, 2018 for $*****. 4 investors participated in its latest round. RaiseMe has 18 institutional investors.
Here is the list of recent funding rounds of RaiseMe:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 26, 2018 | 4501676 | Series B | 8004481 | 2286644 | 4477421 | 1827486 |
Mar 29, 2017 | 9425154 | Series B | 1408256 | 3549870 | 5055028 | |
Apr 22, 2015 | 7279515 | Series A | 7091637 | 7152902 | 1871613 |
View details of RaiseMe's funding rounds and investors
RaiseMe's founders and board of directors
Founder? Claim ProfileThe founders of RaiseMe are Preston Silverman and Dave Schuman.
Here are the details of RaiseMe's key team members:
- Preston Silverman: CEO & Founder of RaiseMe.
- Dave Schuman: Chief Technology Officer & Co-Founder // Acquired of RaiseMe and founder of 1 other company.
View details of RaiseMe's Founder profiles and Board Members
RaiseMe's employee count trend
RaiseMe has 65 employees as of Dec 22. The total employee count is 10.0% more than what it was in Dec 21. Here is RaiseMe's employee count trend over the years:
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RaiseMe's Competitors and alternates
Top competitors of RaiseMe include Buddy4study, Unicaf and Bcas. Here is the list of Top 10 competitors of RaiseMe, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Buddy4study 2011, Noida (India), Series A | Provider of scholarship search and management solutions | $3.58M | 70/100 | |
2nd | RaiseMe 2012, San Francisco (United States), Acquired | Provider of a platform connecting students with college scholarship opportunities | $38.1M | 65/100 | |
3rd | Scholarship programs for distance learning courses from global universities for Africans | $48.2M | 61/100 | ||
4th | Online platform providing scholarships for college students | $26.6M | 54/100 | ||
5th | Fastweb 2009, Chicago (United States), Unfunded | App-based scholarship discovery platform | - | - | 50/100 |
6th | Scholly 2013, Philadelphia (United States), Seed | Scholarships discovery platform for high school students | $160K | 46/100 | |
7th | Online guidance for admission and scholarship | $39.8K | - | 41/100 | |
8th | Breakthru 2018, Brooklyn (United States), Seed | Mobile-based platform providing career guidance solutions | - | 41/100 | |
9th | Scholarships.com 1998, Highland Park (United States), Unfunded | Online platform for discovery of college scholarships | - | - | 36/100 |
10th | Dreamers Roadmap 2014, Palo Alto (United States), Funding Raised | App-based platform offering scholarship discovery solutions for students | - | 35/100 |
Looking for more details on RaiseMe's competitors? Click here to see the top ones
RaiseMe's Investments and acquisitions
RaiseMe has made no investments or acquisitions yet.
Reports related to RaiseMe
Here is the latest report on RaiseMe's sector:
News related to RaiseMe
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RaiseMe Gets $15M to Help Students Cut College Costs If They Do Well in SchoolEdSurge•Jul 26, 2018•RaiseMe, Teamworthy Ventures, The Chan Zuckerberg Initiative, Salesforce and 1 other
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College Scholarship Platform Raise.me Secures $12MEdSurge•Mar 30, 2017•RaiseMe, Redpoint Ventures, GSV Acceleration, Owl Ventures and 2 others
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Raise Labs Scores $4.5M to Help Students ‘Unlock’ Scholarship Money - Venture Capital Dispatch - WSJ
The Wall Street Journal•RaiseMe, Owl Ventures, SJF Ventures, First Round Capital and 1 other
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