Startup for unused gift cards raises $60 million, expands into the city
Crains New York – Everything Real Estate
A startup that launched in 2013 as a marketplace for unwanted gift cards has just scored $60 million in its third major funding round. Raise, which calls itself the world's largest gift-card marketplace, also works with brands to market discounted, pre-paid payment cards. The Chicago-based company will be using some of its new investment to expand its operations in New York. Investors in the latest round include PayPal and leading venture capital firms Accel, New Enterprise Associates and B…