Investor profile

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Revolution LLC

VC

USConsumerFintechHealthtechB2B SaaSMarketplacesAI/MLEnterpriseDeep Tech

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Investment thesis

Revolution LLC, founded in 2005 by AOL co-founder Steve Case, operates on the conviction that 'innovation isn't confined to pre-selected pins on a map' and that 'great companies can start and scale anywhere.' The firm deploys capital across three venture funds—Rise of the Rest Seed Fund (seed-stage startups outside Silicon Valley, New York, and Boston), Revolution Ventures (early-stage technology companies disrupting significant markets), and Revolution Growth (growth-stage companies at the intersection of policy and technology)—with 99% of capital invested outside Silicon Valley. Revolution's overarching ethos, captured in the phrase 'talent is well distributed, opportunity is not,' drives it to back entrepreneurs in emerging U.S. startup cities and to champion policies that support them, while also investing in real estate and hospitality destinations that strengthen growing communities.

Notable quotes

We started this firm with a simple conviction: innovation isn't confined to pre-selected pins on a map. Great companies—and great communities—can rise up anywhere.

Steve Case · revolution.com/about · 2024

Revolution has invested nearly $2 billion in companies including Anduril, Sweetgreen, CAVA, Tempus, DraftKings, and CLEAR. The firm has maintained a particular focus on backing entrepreneurs outside of traditional tech hubs like Silicon Valley.

Steve Case · revolution.com – Steve Case bio · 2024

Talent is well distributed, opportunity is not.

Steve Case · superscout.co/investor/revolution

Team

Steve Case

Chairman & CEO

ConsumerFintechHealthtechEnterpriseAI/ML

David Golden

Managing Partner, Revolution Ventures

B2B SaaSFintechHealthtechConsumerEnterprise

David Hall

Managing Partner, Rise of the Rest

ConsumerB2B SaaSFintechHealthtech

Andy Cloyd

Venture Partner, Rise of the Rest

ConsumerB2B SaaSMarketplaces

Hark Ahluwalia

Associate, Revolution Ventures

B2B SaaSAI/MLEnterprise

Ansley Erdel

Senior Policy Advisor, Revolution Growth

EnterpriseConsumer

Recent investments

CompanyRoundSizeDate
PallaSeries A$15m2025-05
HockeyStackSeries A$26m2025-01
PryonSeries B$100m2023-09
KashableSeries B$26m2024-01
AndurilSeed
DraftKingsGrowth
SweetgreenGrowth
TempusSeries C
StockXSeed
CAVAGrowth

Frequent co-investors

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