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Rise Works - Series A
Overview
Funding Date
November 20, 2024
Financing amount
$6.3M
Valuation
--
Catagory
About Rise Works - Series A
Rise announced the successful completion of its Series A funding round, securing $6.3 million in capital. The investment, led by Draper Associates and co-led by Polymorphic Capital, with participation from DCG, JAM Fund, Ryze Labs & Paradigm Shift Capital, will enable Rise to accelerate its mission to bring hybrid payment systems for critical business operations to tomorrow's businesses.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 1985 | 23 | plans@draper.vc | ||
| Fund | United Kingdom | 2021 | 21 | info@polymorphic.capital | ||
| Fund | United States of America | 2015 | 127 | info@dcg.co | ||
| Fund | United States of America | 2020 | 3 | -- | ||
| Lab | Unknown | -- | 4 | -- | ||
| Fund | India | -- | 5 | -- |
Founders & Team
Hugo Finkelstein
Company Profile / Project Introduction
Rise is a Web3 enabled platform helping businesses onboard, manage and pay local/international contractors while ensuring full compliance and alleviating burdensome tax processes. Rise offers the following features: Contractor Onboarding & KYC | Fiat & Crypto Payments and Payouts (independently from Treasury used) | Global & Instant Pay | 1 Click Mass Payouts | 1099 & W9/W8BEN handled by Rise