Total amount raised
$8 Millions
Latest funding date
Location
RISE has successfully raised $7 million in a seed funding round, positioning itself as a key player in corporate innovation consulting in Southeast Asia. The company offers a range of services, including corporate accelerators, intrapreneur universities, and venture building services.
Keep reading to explore the intricacies of RISE's fundraising journey and the investors backing this innovative platform.
What Is RISE?
Founded in 2016, RISE is a leading corporate innovation consulting firm based in Bangkok, Thailand. The company was established by Rathiya Jinn Issarachaikul, Sumana Fon Parchariyanon, and Supachai Kid Parchariyanon.
RISE specializes in corporate accelerators, intrapreneur universities, venture building services, and experiential conferences. The firm has trained over 6,000 C-level executives and collaborated with more than 400 regional corporate clients.
With a team of 51-100 employees, RISE continues to drive innovation and growth for organizations across Southeast Asia.
How Much Funding Has RISE Raised?
- Seed Round
- Amount Raised: $1,000,000
- Date: June 2019
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their corporate innovation platform and scale their services.
- Seed Round
- Amount Raised: $7,000,000
- Date: April 2020
- Lead Investors: Srikrung Wattana Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further enhance their corporate innovation services and host more experiential conferences.
RISE has raised a total of $8,000,000 in funding. The current valuation is not publicly disclosed.
Key Investors
- Srikrung Wattana Group
- Details: Srikrung Wattana Group is a prominent investment firm based in Thailand, known for its diverse portfolio and strategic investments in various sectors. The group has a strong presence in the Southeast Asian market, leveraging its extensive network and expertise to drive growth and innovation.
- Investment Focus Areas: Financial services, real estate, technology.
- Notable Investments: Not publicly disclosed.
- D2 Communications
- Details: D2 Communications is a leading digital marketing and communications company in Japan. They specialize in mobile advertising and have a significant influence in the digital marketing landscape.
- Investment Focus Areas: Digital marketing, mobile technology, communications.
- Notable Investments: Not publicly disclosed.
What's Next for RISE?
RISE's recent $8 million funding opens doors to significant opportunities for expansion and scaling operations. This capital injection positions the company to enhance its corporate innovation services and potentially enter new markets across Southeast Asia. The growing interest in the region's tech ecosystem further amplifies these opportunities.
Future fundraising rounds seem promising if RISE effectively utilizes the current funds to demonstrate substantial growth. However, challenges such as market competition and the efficient use of resources could pose hurdles. Navigating these challenges will be crucial for RISE to maintain its momentum and attract further investments.
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