2021 was a year of business expansion and change. Our portfolio companies excelled. Our investment business is positioned for strong growth, including a pipeline of exciting exits.
Like many other firms, we were not immune to colleagues approached by new opportunities. We have welcomed a wave of new talent internally and celebrate the expansion of entrepreneurial talent across the region. Rev1 was awarded a U.S. Economic Development Administration grant which we are matching to expand support for women and persons of color. An exciting wave of diverse entrepreneurs are seeking to commercialize technologies and launch new scalable businesses here.
With amazing progress in the Innovation District and accelerating corporate innovation among our partners, we are proud to continue as a cornerstone of an entrepreneurial ecosystem that continues to grow.
President & CEO
Chairman of the Board
President & CEO
Revenue | Capital | Exits
Total Impact from 2013 – 2021
*2021 impact includes significant (undisclosed) capital attracted from corporate funds
Here are just a few of the companies we invested in. Check out our full portfolio here.
In 2021 we launched $30MM in new capital to support tech-enabled startups, allowing us to continue impactful follow-on investments and attract new, more diverse startups into our portfolio.
Our newly engaged companies are tackling solutions to some of the world’s biggest opportunities, from information technology and telemedicine, to environmental sustainability, consumer goods, and more.
Commercializing innovation is a journey of many steps. Along with our partners at The Ohio State University and Nationwide Children’s Hospital, Rev1 is there for every step. We’re proud to highlight a few funded spinouts below.
Inclusion starts at home. Diverse teams deliver better financial results. Inclusive entrepreneurship begins with each of us personally and grows as we expand to grassroots organizations and associations with density in women and minorities, matching action to intentions.
We are committed to helping our portfolio companies achieve their full potential for long-term growth and success. Here are a couple of the companies who had successful exits last year.
Our Innovation Internship Program, which provides incredible work experiences to regional students, wrapped up its second year in 2021.
As we’ve started to ease out of the pandemic, Rev1 labs residents have been able to come together for the networking and community that we all missed. More than an office, Rev1 Labs is the place to connect, collaborate, and recharge.Learn More
Raised by Resident
More Capital Raised by Resident Companies
More Revenue Generated by Resident Companies
More Staff Employed by Resident Companies
In 2021 we helped our partners achieve incredible milestones, including a multi-billion dollar IPO and dozens of proof-of-concept projects, investments, and partnerships. Our innovation partnerships continued to grow, adding organizations that are advancing mobility and scientific discovery to our expanding list of partners and industries served.
“We aren’t just making introductions, we’re making connections that matter. These lead to market insight, pilots, contracts…” – Mike McCann, Chief Business Development Officer
Corporate Innovation Impact
Trained Corporate Innovators
Startups Connected to
Pilots & Contracts
SVP Commercial Lines and Managing Director
Rev1 Chairman Emeritus
SVP and Chief Financial Officer
Vice President, Natural Gas and Power Origination
Chief Executive Officer
President & Chief Executive Officer
Columbus Office Managing Partner
President, Central Ohio Region
Rev1 recognizes that delivering these impacts takes a community-wide effort. We are proud to have the support of over 60 partners in economic development, strategic innovation, donated and discounted services, and venture fund investors including critical support from Ohio Third Frontier. Thank you for your continued support – we couldn’t do it without you.