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Raise revenue is $6.5 million

Raise team size is 69 employees


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Raise

300-Linden Street San Francisco, California, United States

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How Raise hit $6.5M Revenue with 300 customers in 2022.

Connect Prospective Students and Colleges

Founded

2014

Founded

Revenue

$6.5M

2022 Revenue

YOY
-----

YOY

Funding

$147.2M

Funding


Raise Revenue

In 2022, Raise revenue run rate hit $6.5M in revenue.

  • 2019

    Raise hit $6.5M in revenue in 2019

  • 2014

    Raise launched in 2014 with $0 revenue

$6.5M

Raise Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2017 Series C

    Raise raised a Series C of $60M

  • 2015 Series B

    Raise raised a Series B of $62M

  • 2013 Series A

    Raise raised a Series A of $20.1M

  • 2012 Seed Round

    Raise raised a Seed Round of $4.5M

  • 2011 Seed Round

    Raise raised a Seed Round of $600K

FUNDING DATEROUNDAMOUNTVALUATION
09/19/2017 Series C $60M
01/22/2015 Series B $62M
11/11/2013 Series A $20.1M
10/02/2012 Seed Round $4.5M
11/01/2011 Seed Round $600K

Team

Raise has 69 total employees and 3 sales reps that carry a quota. They have 300 customers an engineering team of 13 and a marketing team of 6

2018201920206▲
DISTRIBUTIONQTY
Total team size
69
Engineer
13(19%)
Sales
3(4%)
Marketing
6(9%)

CEO/Founder

George Kirkland

George Kirkland is Chief Revenue Officer and Co-Founder of RaiseMe, where he oversees partnerships and business operations. Previously, Mr. Kirkland spent five years working in Investment Banking at Morgan Stanley. He is a University of Pennsylvania Graduate School of Education Fellow and was a Medlin Scholar at UNC Chapel Hill, where he double majored in Business and Public Policy.

Q&A

What`s your age?

34

Favorite online tool?

Google Apps, Gong.io

Favorite book?

Happiness Advantage

Favorite CEO?

None

Advice for 20 year old self

Use energy when young!


Customers

Raise has 300 customers.

Lifetime Months

172

x

Monthly ARPU

$1.8K

=

Lifetime Dollar

$308.6K

Acquisition Cost

$10K

Average Annual Price

$21.6K

$0$21.6K6 month payback period024681012
$0$21.6K6 month payback period024681012

Churn

Raise has an annual churn rate of 7.00%.

-100-500%50100

Gross Annual Dollar Churn

-7.00%

Annual Dollar Expansion

27.00%

Net Revenue Retention

120.00%


About Raise

Monthly Revenue

$540K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Raise Board of Directors

NamePosition

Raise Executives

NamePosition
George Kirkland CEO

Raise Employees

NamePosition
George Kirkland CEO

Frequently Asked Questions about Raise

When was Raise founded?

Raise was founded in 2014.

How much revenue does Raise generate?

Raise generates $6.5M in revenue.

Who is the CEO of Raise?

The CEO of Raise is George Kirkland.

How much funding does Raise have?

Raise was raised $147.2M.

How many employees does Raise have?

Raise has raised 69 employees.

Where is Raise headquarters?

Raise headquater is at United States