What is Raise?
Raise, formerly known as HelloOffice, is a technology-powered commercial real estate brokerage founded in 2016 and headquartered in California. The company specializes in providing comprehensive solutions for businesses navigating the complexities of searching for office space. By leveraging technology, Raise aims to streamline the brokerage process, offering efficiency and data-driven insights to its clients in the dynamic commercial real estate market. The company's evolution signifies a strategic pivot towards enhancing its service offerings and market reach.
How much funding has Raise raised?
Raise has raised a total of $26.5M across 2 funding rounds:
Other Financing Round
$6.5M
Series A
$20M
Other Financing Round (2019): $6.5M with participation from Liquid 2 Ventures, SV Angel, Initialized Capital, Founder Collective, The House Fund, SaaStr, Peak State Ventures, and Founders Fund
Series A (2020): $20M led by Point Ventures, House Fund, Jake Gibson, SaaStr, and Founders Fund
Key Investors in Raise
Liquid 2 Ventures
Liquid 2 Ventures is an investment firm that supports exceptional founders in building lasting companies through experience, community, and capital, focusing on early-stage investments across all technology sectors.
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses by providing essential resources, strategic insights, and a vast network to help companies scale.
Founders Fund
Founders Fund invests in the world's most important and valuable companies across all geographies, sectors and stages, pursuing a founder-friendly investment strategy with maximum support and minimum interference.
What's next for Raise?
The substantial enterprise-level capital infusion positions Raise for accelerated growth and market penetration. With a recent strategic investment, the company is poised to enhance its technological capabilities, expand its service offerings, and potentially explore new geographic markets. This backing suggests a strong investor confidence in Raise's business model and its capacity to disrupt the traditional commercial real estate brokerage landscape. Future developments are likely to focus on scaling operations and solidifying its competitive advantage.
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