Revolution

Overview

Revolution is a Washington D.C.-based investment firm founded by Steve Case, Tige Savage, and David Golden in 2005. Known for its commitment to empowering entrepreneurs, Revolution invests in transformative companies across the United States with an emphasis on innovation and disruption. Through its various funds and initiatives, the company has raised significant capital, although precise figures on the total investments as of 2024 were not readily available. Revolution's mission is to support the next generation of high-growth companies outside the coastal tech hubs, contributing to economic expansion and technological advancement.

Recent Developments

  • In 2024, Revolution has continued its strong focus on supporting regional startup ecosystems, further expanding its Rise of the Rest Seed Fund, which targets investments in emerging startups across the U.S.
  • Revolution's diverse investment approach has witnessed several portfolio companies achieve significant milestones, including landmark IPOs and significant funding rounds.
  • The company was active in promoting its philosophy of "place-based" investing, with increased public engagements and a series of events across various mid-sized American cities to promote entrepreneurship.
  • Revolution hosted its annual Rise of the Rest Road Trip to spotlight local talent and innovation in different communities, continuing its mission to foster economic growth beyond the traditional Silicon Valley and New York areas.
  • Steve Case, co-founder of Revolution, was a prominent spokesperson addressing the strategic importance of investing in areas often overlooked by major capital firms, advocating policies supporting entrepreneurial growth nationally.
  • The company has embraced new technologies and business models within its investment strategy, focusing on sectors such as FinTech, CleanTech, and health innovation.

Company Information

AttributeInformation
Founding Date2005
HeadquartersWashington, D.C., USA
FoundersSteve Case, Tige Savage, David Golden
Key InvestorsNot publicly disclosed
IndustryVenture Capital, Investment Management
Number of EmployeesNot publicly disclosed

Early History

Revolution was founded in 2005 by AOL co-founder Steve Case, alongside Tige Savage and David Golden. The firm's inception was deeply rooted in Case's vision of democratizing access to venture capital beyond Silicon Valley, emphasizing opportunities for companies situated in underrepresented regions. By focusing on areas outside traditional tech hubs, Revolution sought to catalyze regional economic growth and innovation. Early on, Revolution successfully launched several funds, demonstrated by landmark investments that supported burgeoning startups in diverse sectors. Their commitment to "Rise of the Rest"—a phrase that became synonymous with their investment ethos—began to shape the national conversation about inclusive economic development.

Company Profile and Achievements

  • Revolution's investment philosophy is underpinned by a belief in place-based investing, focusing on regions that are often neglected by mainstream venture capital.
  • Through its Rise of the Rest Seed Fund, Revolution champions early-stage companies, having invested in hundreds of startups across various cities.
  • The firm manages several other funds, including Revolution Growth and Revolution Ventures, each targeting distinct stages of company development.
  • Expansion efforts included strategic partnerships with local and national organizations to boost startup ecosystems around the country.
  • Revolution played a crucial role in several public offerings of its portfolio companies, signaling maturity and success in its investment strategy.
  • In recent years, Revolution became notable for its impact-driven approach, as it increasingly advocated for sustainable and socially responsible business practices within funded startups.
  • The company's portfolio encompasses a wide range of sectors, reflecting its inclusive and diverse investment portfolio.

Current Operations and Market Position

Revolution currently operates multiple funds, each targeting specific stages and sectors of business development. It continues to be a leader in venture capital by engaging in place-based investing, which accounts for its market resilience and increasing recognition in industry circles. The firm distinguishes itself by not only providing capital but also contributing to policy discussions, educational initiatives, and community engagements that promote economic inclusivity. Revolution's strategic initiatives set it apart in an ever-competitive investment landscape, with a focus on technology innovation and expanding opportunities across the United States.

Conclusion

Revolution occupies a unique position within the investment landscape, pioneering pathways for undiscovered talent and innovation beyond major urban centers. Its distinctive approach to venture capital—one that prioritizes geographic diversity and sustainability—has left an indelible mark on how capital is distributed and startups are groomed for success. Moving forward, Revolution is poised to continue its influence over regional economic revitalization, harnessing the potential of overlooked markets to foster growth, inclusivity, and innovation on a national scale.

References

  1. Revolution official site
  2. Pitchbook on Revolution
  3. Revolution's Rise of the Rest initiative