Rev1 Ventures, a Columbus, OH – based startup studio that combines capital and strategic services to help startups scale and corporates innovate, is announcing the launch of is a $20MM corporate-backed vehicle.
Rev1 Fund II is supported by corporate investors from the Columbus area, including Nationwide, Worthington, and Crane, all of whom invested in Fund I in 2016. Joined by new investors Huntington, U.S. Bank, Drive, and the University of Dayton. Institutional investors in the Rev1 Fund II include:
- Worthington Industries
- Crane Group
- Cardinal Health
- Dispatch Printing Company
- Nationwide
- Huntington Bank
- Drive Capital
- AEP Ohio
- The Ohio State University
- U.S. Bank
- University of Dayton
The fund is aimed at supporting high-growth companies in Ohio and beyond. It will invest in high-growth seed and early-stage companies in the digital health, healthcare IT, HR technology, fintech, insurtech, data analytics, enterprise Software as a Service, and life sciences sectors.
Rev1 Fund II will be a key part of the Rev1 Ventures funding continuum, which includes Catalyst Fund II and State Auto Labs Fund I, and its new pre-seed fund, Future Value Fund I. The previous fund, Rev1, invested in companies like Updox, MentorcliQ, and Aware.
Led by Tom Walker, CEO, Rev1 Ventures is a startup studio that combines capital and strategic services to allow startups to scale and corporations innovate. It has been the most active seed investor in Ohio for the past seven years.
FinSMEs
09/06/2021