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    Rev1 Ventures Releases 2018 Impact Report

    Investor startup studio Rev1 Ventures has released its 2018 Impact Report. The annual report details the organization’s impact and investments for the calendar year of January 1 – December 31, 2018.

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    It was a record-setting year for Rev1, investing more money in more startups with an increasing diversity of leadership, while also setting records in portfolio exits.

    By the numbers in 2018 Rev1:

    • Invested $13.1 million in 36 companies
    • Achieved 50% portfolio diversity for investments in companies with a woman or minority founder or inventor
    • Created and retained 966 jobs through its portfolio companies
    • Recorded $181.5 million in exits

    Investments saw a significant rise over 2017, when Rev1 invested $8.2 million in 31 companies. This year the organization also hit the milestone of investing in its 100th company.

    Rev1 has seven active funds with $90 million under management. The organization’s two funds lead the way in number of investments. Since 2013, 40 companies have received funding from the Rev1 Concept Fund; 62% have received follow on funding. The Rev 1 Fund 1 which focuses on seed- and early-stage investments in high-tech and high-growth startups has made 16 investments since 2016, translating to 330 jobs created and retained.

    The year’s total impact of capital, revenue and exits reached $462.1 million. Since 2013, Rev1 assisted companies have now achieved $2 billion in economic impact.

    Rev1 is already working with the companies that will likely be on the list of investments in the years to come. In 2018, 42 new companies entered Rev1’s programming. The organization educated 147 entrepreneurs through 47 Learning Labs and nearly 8,500 hours of in-kind services from vetted providers.

    Learn more about the companies Rev1 invested in, portfolio company milestones, and partnerships with corporate innovation partners in the full 2018 Impact Report.

    For more information, visit rev1ventures.com.

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    Susan Post
    Susan Post
    Susan is the editor of The Metropreneur and associate editor of Columbus Underground, and also covers small business and entrepreneurial news and the food scene in Central Ohio.Susan holds a degree in Communication with a minor in Professional Writing from The Ohio State University. She sits on the board of the Central Ohio Pro Chapter of the Society of Professional Journalists and loves coffee, whiskey, cooking and spending time with friends and family.
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