Rise.ai
Rise.ai
Rise.ai, an Israeli eCommerce SaaS company developing gift card and membership store credit software for online stores, was founded in 2015 by Yair Miron. In 2020, Rise.ai became a gift card provider for Facebook, Instagram and Google.
In May 2021 Rise.ai was acquired by Wix.com
History
Founded in 2015 under the name GiftWizard, the company specialized in gift card & loyalty software for eCommerce stores. In November 2016, Rise.ai accomplished its pre-seed funding of $450,000 led by Peregrine VC, together with a $1 million grant from the Israel Innovation Authority.[1]
In May 2020, Rise was selected to be a gift card provider for Facebook and Instagram as part of Facebook’s initiative to support small businesses during the COVID-19 global pandemic.[2]
In June 2020, Rise was selected to be a gift card provider for Google.[3]
Rise.ai is a Shopify Plus certified technology partner since September 2020.[4]
In May 2021 Rise.ai was acquired by Wix.com.[5]
External links
Gift Cards Are the Go-To Holiday Gifts of 2020 Wall Street Journal Suzanne Kapner 12.23.2020
What retailers need to know about gift card fraud Digital Commerce 360 11.10.2020
References
- ↑ Spiro, James (2020-08-03). "Israeli startup Rise.ai partners with Google to help businesses offer digital gift cards". CTECH - www.calcalistech.com. Retrieved 2021-05-03.
- ↑ "Facebook selects Israeli co Rise.ai for gift card initiative". Globes. 2020-06-23. Retrieved 2021-05-03.
- ↑ Spiro, James (2020-08-03). "Israeli startup Rise.ai partners with Google to help businesses offer digital gift cards". CTECH - www.calcalistech.com. Retrieved 2021-05-03.
- ↑ "Rise.ai - Shopify Plus Technology Partner". Shopify Plus. Retrieved 2021-05-03.
- ↑ "Wix.com buys Rise.ai to add gift cards to e-commerce platform". Reuters. 2021-05-05. Retrieved 2021-05-09.
Rise.ai
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