The phrase "successful raise" means that a person or company has obtained the desired amount of money or funding they needed from investors or donors. Full definition
It's not impossible without — just a lot harder (and you may fail to raise a couple of times before your first successful raise if you don't have the network). (biggerpockets.com)
When you talk to new investors about the mandatory conversion at the end of the debt's life you say, «that was the downside, worst - case provision I agreed to investors in case we weren't successful raising money.» (bothsidesofthetable.com)
The final tally on its highly successful raise was $ 7.7 million, with 3761 investors from across the globe. (the-blockchain.com)