Raffolux

Raffolux

With charity at the heart of everything we do, raffolux raises funds using a modern twist on the age-old raffle.

Founded 2017

London, United Kingdom 16 employees Venture round Total: $1.50M Entertainment

Raffolux is a UK-based startup founded in 2017 with the mission of integrating charity into the heart of its operations. The company's slogan, "With charity at the heart of everything we do," exemplifies their commitment to social impact. Raffolux has introduced a modern twist on the traditional raffle by offering the public the opportunity to win exciting prizes online while also contributing to a charity of their choice with each play. The startup's vision is centered on providing everyone with the chance to fulfill their aspirations, whether it's embarking on a once-in-a-lifetime journey, driving a new SUV, or embracing the latest technological accessories. Notably, ticket prices start at less than a pound, making participation accessible to a broad audience. Raffolux recently secured a significant £1.50M Venture Round investment on 10 October 2023 from UKTV Ventures, signifying a vote of confidence from prominent investors. This injection of funds is poised to propel the company's growth trajectory and enhance its capacity to make a meaningful difference in the realms of charity and prize-giving. As the startup continues to evolve, its innovative approach and steadfast dedication to social good position it favorably within the industry landscape.

Funding Stage	Amount	Investors	Lead Investors	Date
Venture Round	£1.50M	1	UKTV Ventures	10 Oct 2023

Funding Stage

Amount

Investors

Lead Investors

Date

Venture Round

£1.50M

UKTV Ventures

10 Oct 2023

FAQ About Raffolux

With charity at the heart of everything we do, raffolux raises funds using a modern twist on the age-old raffle.

Raffolux was founded in 2017.

Raffolux is headquartered in London, United Kingdom.

Raffolux operates in Entertainment. Its work centres on charity fundraising, raffle, online gaming and prize winning.

Raffolux has approximately 16 employees.

Raffolux has completed 1 funding round, raising a total of $1.50M. The latest funding stage is Venture round.

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Raffolux and BigBrain Games are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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