Loading organizations...
Raising IT has raised $3.0M across 1 funding round.
Key people at Raising IT.
Raising IT was founded in 2009 by Tom Latchford (CEO and Founder).
Raising IT has raised $3.0M in total across 1 funding round.
Raising IT builds a dedicated online platform offering websites and social media tools specifically for charities. The company's core product streamlines digital engagement, providing capabilities for managing content, fostering communities, processing transactions, and facilitating communications, all tailored to the unique needs of non-profit organizations. This integrated suite enables charities to establish a robust online presence and enhance their fundraising efforts.
The company was co-founded in 2009 by Tom Latchford, who also serves as its chief executive. Latchford's entrepreneurial background in technology, combined with a strong personal commitment to philanthropy, led to the insight that charities required specialized digital solutions to thrive in an increasingly online world. He recognized a gap in the market for accessible, comprehensive tools that could empower non-profits.
Raising IT primarily serves a diverse range of charities, equipping them with the digital infrastructure necessary to connect with donors and beneficiaries effectively. The company's long-term vision centers on empowering the charitable sector by continually advancing its platform, ensuring that non-profits can maximize their digital reach and fundraising potential to fulfill their missions and drive greater social impact.
Raising IT was founded in 2009 by Tom Latchford (CEO and Founder).
Raising IT has raised $3.0M in total across 1 funding round.
Raising IT has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in May 2014.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2014 | $3M Seed | — | — | Announced |
Key people at Raising IT.
Raise (raisetech.io) is a fintech platform designed to empower recruitment agencies in the finance sector by providing funding and operational support beyond traditional financing.[1] It serves recruitment agencies and their contractors, addressing the strained relationship between finance firms and recruiters by offering a comprehensive solution that powers growth through expertise in finance, risk, and recruitment.[1] With over 75 employees across offices in Kent, UK, and Chennai, India, and more than 300 customers, Raise demonstrates strong growth momentum, evidenced by customer testimonials highlighting its pivotal role in business expansion.[1]
The company solves key pain points like market gaps in agency support, enabling recruiters to "raise their game" with tailored funding, customer service, and collaborative tools rooted in 50 years of combined founder experience.[1]
Raise was founded by co-founders with 50 years of combined experience in finance, risk, and recruitment, who identified a critical gap: recruitment agencies needed more than just funding—they required a platform that truly empowered them.[1] As newcomers to the space, they launched Raise to transform the finance-recruitment dynamic, starting with a "big idea" to go "above and beyond" for recruiters and contractors.[1] Early traction came from this unique positioning, leading to rapid team expansion to over 75 people, including experts in marketing, sales, operations, credit, and analytics, across UK and India offices.[1] Pivotal moments include building a customer base of over 300 agencies, with testimonials praising Raise as a "godsend" for growth.[1]
Raise rides the fintech wave intersecting recruitment and finance, capitalizing on trends like specialized funding platforms amid stabilizing equity investments in frontier tech as of 2024.[1][6] Timing is ideal as recruitment faces talent shortages and market shifts—similar to broader tech challenges like labor gaps and supply chain issues—positioning Raise to bridge finance-sector hiring needs with scalable support.[1][6] Market forces favoring it include rising demand for data-driven, efficient staffing in finance, where agencies struggle with funding and operations; Raise influences the ecosystem by empowering recruiters, indirectly fueling talent pipelines for tech and finance growth.[1][3]
Raise is poised for further expansion by deepening AI integration for recruitment analytics or global scaling, aligning with 2025 tech trends like data-driven decision-making and innovative cultures in growing firms.[1][3][6] Trends such as rebounding investments in cloud/edge computing and bioengineering could boost demand for specialized finance recruiters, amplifying Raise's role.[6] Its influence may evolve from niche empowerer to broader fintech-recruitment leader, sustaining momentum through customer growth and cross-continental operations—ultimately redefining how agencies "raise their game" in a talent-hungry landscape.[1]
