February 26, 2025
Raise has secured $63 million in its latest funding round, pushing its total investment past $220 million. Haun Ventures led the round, joined by Amber Group, Anagram, Blackpine, Borderless Capital, GSR, Karatage, Paper Ventures, Pharsalus Capital, Selini Capital, Sonic Boom Ventures, and the Web3 Foundation. Several angel investors also participated, according to the company’s announcement.
The firm plans to direct the new capital toward expanding its blockchain-based gift card initiative, Smart Cards, and other strategic developments. Raise has already moved to strengthen its position in the digital payments sector through recent partnerships. It has collaborated with the Polkadot Community Foundation to integrate its services with DOT Wallet and has expanded wallet compatibility by adding support for MetaMask, Phantom, and Coinbase Wallet through WalletConnect.
About Raise
Raise is a blockchain-powered payment and gift card platform that facilitates transactions across a network of retailers. Since its launch in 2013, the company has processed more than $5 billion in transactions and established partnerships with over 1,000 brands. Raise focuses on digital payment solutions and aims to enhance security and interoperability within the gift card ecosystem.
Website: https://www.raise.com/
X: @RaiseApp
About Investor
Haun Ventures
Haun Ventures is a venture capital firm that invests in blockchain and Web3 projects. The firm backs companies developing decentralized financial tools, cryptographic infrastructure, and digital asset solutions.
Location: Menlo Park, CA
Website: https://www.haun.co/ A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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