What is RaiseMe?
RaiseMe operates as a transformative digital platform designed to incentivize academic and extracurricular achievement among high school and community college students. By allowing students to earn micro-scholarships as early as the 9th grade, the company creates a transparent and accessible pathway to college funding. This model not only supports students from diverse socioeconomic backgrounds but also provides universities with a targeted recruitment tool to identify and engage high-potential applicants. The platform serves as a critical infrastructure layer in the education sector, fostering a culture of early preparation and goal-oriented academic planning.
How much funding has RaiseMe raised?
RaiseMe has raised a total of $38.1M across 5 funding rounds:
Private Equity
$5.6M
Series A
$4.5M
Private Equity
$12M
Series B
$15M
Debt
$1M
Private Equity (2015): $5.6M, investors not publicly disclosed
Series A (2015): $4.5M led by First Round Capital, SJF Ventures, and Owl Ventures
Private Equity (2017): $12M supported by Redpoint Ventures, GSV Acceleration, First Round Capital, SJF Ventures, and Owl Ventures
Series B (2018): $15M featuring Strada Education Foundation, The Chan Zuckerberg Initiative, Salesforce Ventures, and Teamworthy Ventures
Debt (2020): $1M backed by PPP
Key Investors in RaiseMe
Owl Ventures
A global leader in education technology investing, focusing on innovative solutions that enhance learning experiences and democratize access to quality education.
First Round Capital
A venture capital firm that invests in innovative startups across various sectors, focusing on supporting entrepreneurs to achieve significant market results.
SJF Ventures
An investment firm focused on high-growth companies that aim to create a healthier, smarter, and cleaner future through sustainable and impactful business models.
What's next for RaiseMe?
Looking ahead, RaiseMe is well-positioned to leverage its major enterprise-level funding to expand its institutional partnerships and enhance its technological capabilities. As the company matures, the focus will likely shift toward deepening its integration with university admissions systems and refining its data-driven approach to student success. By maintaining its core mission of educational equity, RaiseMe is poised to influence the future of college enrollment, ensuring that financial barriers do not impede the academic aspirations of the next generation of students. The strategic deployment of capital will be instrumental in scaling these efforts to reach a broader demographic of learners globally.
See full RaiseMe company page
