Recruit Rockstars 338: Scaling a VC-Backed Company in the Windy City

By August 25, 2020 September 21st, 2020 No Comments

Founded in 2013, Raise changed the way the gift card marketplace worked, with a goal to help others give themselves a raise.

Based in Chicago, Raise has partnerships with over 500 national retailers including CVS, Chipotle, Subway, Macy’s, Domino’s, and Best Buy.

Now, Raise is the easiest way for its 2.5 million members to buy discounted gift cards & get cash back for everyday purchases while helping retailers drive traffic in-store.

CEO Jay Klauminzer joined the company in 2018 to add even more retailer partnerships & help customers give themselves a raise.

After a decade as a strategy consultant with McKinsey & Company, Jay held a number of roles with e-commerce leaders Groupon & DoorDash.

HIs top-notch VC backers include Accel, NEA, and Bessemer Venture Partners.

In this 20-minute conversation, Jay shares how he’s upgraded the team, how to assess candidates for culture fit, and in-depth how he interviews a finalist.