Total raised
$908K
Last: Seed 2017-11
Stage
Acquired
Founded
2015
Headcount
31
HQ
Tel Aviv-Yafo
Sector
Business Software
About
Rise.ai empowers fast-growing brands with an automated branded currency solution for gift cards, rewards, store credit, and incentives. Rise.ai is a strategic reengagement solution that provides brands and retailers with a unique currency of their own. Powered by artificial intelligence, Rise.ai helps merchants retain customers and increase their average spending. With Rise.ai, businesses can use gift cards and store credit to increase retention and revenue and drive new customers to the store.
Funding history · 2 rounds · $908K total
2017-11
Seed
$454K
2016-11
Undisclosed
$454K
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- When was Rise.ai acquired and by which company?
- Rise.ai was acquired by Wix in May 2021.
- What was Rise.ai's primary business offering?
- Rise.ai provided an automated branded currency solution for gift cards, rewards, store credit, and incentives for fast-growing brands.
- When was Rise.ai founded?
- Rise.ai was founded in January 2015.
- What was the total amount of funding raised by Rise.ai?
- Rise.ai raised a total of $908,000 in funding. For a full financing history, please refer to startupim.
- Which investor participated in Rise.ai's Undisclosed round in November 2016?
- Peregrine Ventures participated in Rise.ai's Undisclosed funding round in November 2016.
- How many employees did Rise.ai have?
- Rise.ai had 31 employees, falling into the 11-50 employee bracket.
- Which company did Rise.ai partner with in August 2020 to offer digital gift cards?
- In August 2020, Rise.ai partnered with Google to help businesses offer digital gift cards.
- Which major social media company selected Rise.ai for a gift card initiative in June 2020?
- In June 2020, Facebook selected Rise.ai for a gift card initiative.
Sectors & technology
Primary sector
Business Software
Sub-sectors
Fintech & InsurtechMoney Transfer & ManagementBusiness SoftwareSales & Marketing Solutionse-Commerce Tools
Technologies
Platforms & InterfacesWeb
Target customers
Enterprise & Professional ServicesConsumersProfessionals & Gig EconomyOnline RetailersCommerce & RetailMedia & Entertainment
Business model
B2B
Highlights
1 PatentsVerified
Tags
customer-engagementecommercemarketingcustomer-loyaltyonline-retailerspersonalizationdata-analyticsretailonline-shopping