Revolution

What Revolution does

Revolution is a multi-strategy private investment firm founded in 2005 by AOL co-founder Steve Case and Tige Savage, headquartered in Washington, D.C. with a secondary office in San Francisco. The firm operates five fund vehicles spanning the venture and real-estate lifecycle: Revolution Growth (growth stage), Revolution Ventures (early stage), Rise of the Rest Seed Fund (seed stage focused on entrepreneurs outside Silicon Valley), Rise of the Rest Real Estate, and Revolution Places (hospitality and community development). It manages approximately $2 billion in assets and has backed 200+ companies across 100+ cities and 40+ U.S. states and territories, with 99% of capital deployed outside Silicon Valley. The firm employs 40+ team members, including Managing Partners dedicated to each fund vehicle and senior operating, finance, communications, and policy staff.

The core technology is the Rise of the Rest platform — bus tours, pitch competitions, and ecosystem programming — which functions as a proprietary deal-sourcing and brand-building channel in secondary and tertiary U.S. markets. Beyond this, the firm operates a Getro-powered job board (jobs.revolution.com) connecting talent to portfolio companies. Revenue is generated through traditional venture-fund economics: management fees on committed/invested capital across multiple funds, carried interest on realized gains from exits, and appreciation in portfolio valuations. Notable 2023–2026 liquidity events include CAVA (NYSE IPO 2023), Tempus (Nasdaq IPO 2024), and the 2020 CoStar acquisition of Homesnap at $250M. The firm serves institutional LPs investing in its funds and portfolio companies across national security (Anduril), healthcare/precision medicine (Tempus), food (CAVA, Sweetgreen), e-commerce (BigCommerce, StockX), gaming (Scopely, DraftKings), fintech (Tala, Kashable, Palla), and real estate.

Recent 2025–2026 activity shows continued deployment across both the established growth and seed vehicles, plus new exposures: the TikTok USDS Joint Venture LLC (2026-03, regulatory/compliance-driven), Kashable Series C participation alongside Goldman Sachs Alternatives (2026-04), the Palla Series A in cross-border LatAm payments (2025-05), and continued seed activity via Iris Finance and Just Women's Sports.

Name

Revolution

Legal name

Revolution LLC

Website

http://www.revolution.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Revolution is a multi-strategy private investment firm founded in 2005 by AOL co-founder Steve Case, managing approximately $2 billion across venture capital, seed, and real estate funds focused on entrepreneurs and ecosystems outside Silicon Valley.

Ownership category

akta.pro rank

Product category

Venture Capital and Private Equity

NAICS

Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

akta.pro secondary industries

Technology & Software Growth Equity (FSANACAA), Real Estate / PropTech Growth Equity (FSANACAH)

Keywords

• Venture capital funds
• Growth equity investing
• Seed stage investments
• Real estate investing
• Startup ecosystem development

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others, Technology or R&D

Revenue model

1. Investment Management & Performance Fees: Revolution generates returns through appreciation in portfolio company valuations, realized exits via acquisitions and IPOs, and management/performance fees from managed funds including Revolution Ventures, Revolution Growth, Rise of the Rest Seed Fund, and Rise of the Rest Real Estate.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Revolution is a multi-strategy private investment firm that deploys capital across venture capital, growth equity, seed, and real estate funds. Its primary funds include Revolution Ventures (early-stage), Revolution Growth (growth-stage), Rise of the Rest Seed Fund (seed investments outside Silicon Valley), Rise of the Rest Real Estate, and Revolution Places. The firm backs entrepreneurs across technology, defense, healthcare, food, and financial services sectors, with 99% of capital deployed outside Silicon Valley.

Product overview

Revolution is an investment firm, not a software product company. The company operates multiple investment funds and platforms: Revolution Ventures (early-stage VC), Revolution Growth (growth-stage VC), Rise of the Rest (seed fund for startups outside Silicon Valley), Rise of the Rest Real Estate (real estate investing), and Revolution Places (hospitality and community development). The firm also operates a job board (powered by Getro) to connect job seekers with portfolio companies. These are investment vehicles and services, not software products with technical features, APIs, or AI capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Revolution Ventures Early-stage venture capital fund that backs transformative early-stage companies across technology sectors.
• Revolution Growth Growth-stage investment fund focused on larger rounds for companies with proven business models and scaling potential.
• Rise of the Rest Seed Fund Seed-stage investment vehicle that invests in entrepreneurs building companies outside traditional tech hubs like Silicon Valley, supporting innovation across middle America through bus tours and pitch competitions.
• Rise of the Rest Real Estate Real estate investment platform focused on destinations that strengthen the fabric of growing communities, investing in properties that support startup ecosystems.
• Revolution Places Real estate and hospitality investment vertical that backs destinations and mixed-use developments supporting community growth.

Quantifiable outcome

• 99% of capital invested outside Silicon Valley
• +2 more outcomes

Named customers12 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Insight Partners: Growth-stage-focused venture and private equity firm with $80B+ AUM. Comparable for its growth-stage investing approach, though it operates at significantly larger scale and is not geographically diversified in the same way.
• General Catalyst: Multi-stage venture firm operating seed, early, growth, and creation funds. Comparable for its cross-stage model and founder-creation approach, though it operates at materially larger scale and with a heavier emphasis on enterprise software.
• Andreessen Horowitz: Multi-stage venture capital firm with $40B+ AUM across seed, venture, growth, and bio funds. Comparable as a multi-strategy platform investor, though significantly larger and more sector-diversified than Revolution.

Direct peers

• Greylock Partners: Early-stage venture firm with a long-tenured multi-stage approach and consumer/enterprise focus. Comparable as a multi-stage generalist, though Greylock is more concentrated in Silicon Valley deal flow.
• Bessemer Venture Partners: Multi-stage venture firm with growth and early-stage funds operating across consumer, enterprise, and healthcare. Comparable as a long-tenured multi-strategy investor, with similar cross-stage capital deployment.
• NEA (New Enterprise Associates): Large multi-stage venture firm with seed through growth strategies and broad sector coverage. Comparable for its multi-stage structure and diversified portfolio approach, though NEA's AUM is significantly larger.
• Founders Fund: Early-to-growth stage venture firm with a sector-agnostic thesis and concentrated portfolio approach. Comparable as a generalist multi-stage investor, though Founders Fund is Silicon Valley-centric rather than focused on secondary markets.
• Foundry Group: Early-stage venture firm based in Boulder, CO with a long-time thesis around investing outside Silicon Valley. Comparable as a geographically-differentiated generalist VC, though smaller and not multi-strategy.
• Drive Capital: Venture firm explicitly focused on investing in companies outside Silicon Valley, particularly in the Midwest. Closest comparable to Revolution's Rise of the Rest strategy and similar thesis around geographic diversification of venture.
• Kleiner Perkins: Multi-stage venture firm with seed, early, and growth funds across technology and healthcare. Comparable for its multi-stage structure and consumer/enterprise breadth.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Revolution
• LinkedInlinkedin.com/company/revolution-llc
• Instagraminstagram.com/riseofrest

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments275 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Revolution