# Raise Marketplace Inc.

Raise Marketplace Inc. is an other based in Chicago, United States.

## Overview

- **Organization type:** other
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** Chicago, IL, United States
- **Assets under management:** Undisclosed
- **Website:** raise.com

## Regulatory record

- **Reports private funds:** No

## About

Raise Marketplace Inc. is a consumer-focused platform headquartered in Chicago that facilitates the buying and selling of discounted gift cards. The company was founded by George Bousis, who has served as CEO since its inception. While the firm does not disclose founding year details in public records, it has operated as a well-known player in the gift card secondary market. The company's core business involves a marketplace where users can list unused gift cards from major retailers, and buyers purchase them at a discount; Raise collects a fee from each transaction. Platform focuses on consumer retail sectors, including major brands. Geographic footprint is primarily North America, with a presence in the United States. Raise does not publicly report assets under management or employee headcount. The company operates as a single business entity without disclosed additional offices or philanthropic structures. No recent operational events are publicly documented in the last 24 months. The fundamental structural differentiator of Raise is its marketplace model, which differs from traditional gift card issuers by acting as a two-sided exchange. The company does not hold inventory; it relies on user-supplied listings, creating a liquidity pool of varying card balances and discounts.

## Sectors

- FinTech

## Questions

### What is the basic business model of Raise Marketplace?

Raise Marketplace operates a two-sided platform where individuals can list unused gift cards for sale, and buyers purchase them at a discount. The company earns revenue by charging a transaction fee on each sale. Unlike traditional gift card issuers, Raise does not maintain inventory; the marketplace relies entirely on user-provided listings.

### How does Raise Marketplace ensure the validity of listed gift cards?

Raise employs verification mechanisms to check card balances before listing. However, the company's terms of service state that buyers assume some risk, and Raise offers a 'Buyer Guarantee' that covers cases of invalid or zero-balance cards. The exact procedures are not publicly detailed in operational records.

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Last updated: 2026-06-03T20:00:00.000Z

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