Investor profile
Revolution LLC
VC
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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.”
“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.”
“Talent is well distributed, opportunity is not.”
Team
Steve Case
Chairman & CEO
David Golden
Managing Partner, Revolution Ventures
David Hall
Managing Partner, Rise of the Rest
Andy Cloyd
Venture Partner, Rise of the Rest
Hark Ahluwalia
Associate, Revolution Ventures
Ansley Erdel
Senior Policy Advisor, Revolution Growth
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Palla | Series A | $15m | 2025-05 |
| HockeyStack | Series A | $26m | 2025-01 |
| Pryon | Series B | $100m | 2023-09 |
| Kashable | Series B | $26m | 2024-01 |
| Anduril | Seed | — | — |
| DraftKings | Growth | — | — |
| Sweetgreen | Growth | — | — |
| Tempus | Series C | — | — |
| StockX | Seed | — | — |
| CAVA | Growth | — | — |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| Spark Capital | 3 |
| Bessemer Venture Partners | 2 |
| Alpaca VC | 2 |
| FJ Labs | 2 |
| Y Combinator | 2 |
| Canaan Partners | 2 |
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