RevRoad, a Provo, UT-based venture services firm, raised over $15M in funding.
The round was led by private investors.
The company intends to use the funds to expand operations and its business reach.
RevRoad is a venture services firm that focuses on supporting entrepreneurs and assisting them in reaching milestones, while focusing on expanding services to the East Coast. Its team works with founders in 12 service areas for up to 24 months. RevRoad further supports startups through its sister company, RevRoad Capital, a traditional venture capital firm that provides funding to companies inside and outside the RevRoad portfolio.
RevRoad has already serviced 73 portfolio companies and helped raise their valuations to a combined enterprise value of more than $1.5 billion. The company appointed Tony Allen as president of its new Orlando office to work with entrepreneurs and startups in the Florida area. Allen has worked for Zoom, Disney, and many other enterprises to produce large scale events worldwide, and has extensive experience scaling business operations and professional services.
FinSMEs
30/06/2023