12 Exciting Updates: New Fund, Amazing Startups, and National Recognition

Columbus continues to expand its results and reputation as the Midwest’s hub of entrepreneurship and innovation. The last few months have been a whirlwind of good news. This quarter, Rev1 announced a $20MM fund to fuel more startups in the Great Lakes Region. We welcomed ten new companies to our Startup Studio, and our team continues to share our region’s entrepreneurial experience and success with national audiences.

Learn more about our region’s latest results.

Rev1’s Startups Create Jobs and Innovative Solutions Across Industries

Color Coded Labs Coding Boot Camp in King-Lincoln Aims to Finally Increase Diversity in Tech
Color Coded Labs positively transforms the tech space by providing training and removing barriers for careers in software development to historically marginalized groups. Color Coded Labs is a leader in helping to make the tech industry more diverse.

Core Quantum Improves Laboratory Testing with Its MultiDots and MagDots
This OSU spinout solves an unmet need in research and clinical pathology with fluorescent and magnetic nanoparticles used in research labs. Called “dots,” the reagents are used in cancer, blood glucose, and pregnancy tests.

Employment App Lets Users Pick Their Own Schedule
Upshift helps Columbus job seekers find opportunities during the pandemic. Learn how this incredible company is changing the landscape of job-searching.

Rev1 Ventures’ Success in Numbers
Every year we share our impact on the local economy and the startup ecosystem. Did you see our 2020 Impact Report? Here you will find a good summary and a link to the report.

Accelerating High-growth Startups and Columbus as the Midwest’s Innovation Hub

Central Ohio Corporations put $20 Million into Venture Capital Fund
In June, we announced our second corporate-backed fund, Rev1 Fund II, in partnership with some of Ohio’s largest companies. Our approach meets entrepreneurs’ individual needs and connects them with corporate and research partners to help them access customers and markets.

From Waste to Resources: SWACO Continues Process Toward Environmentally Safe Community
The Solid Waste Authority of Central Ohio (SWACO) focuses on increasing recycling and reducing food waste in Central Ohio. In partnership with SWACO, Rev1 will help drive this mission forward.

The Backyard Effect: The Heartland’s Formula For Recession Recovery
Tom Walker, Rev1 president, and CEO, dives into “The Backyard Effect,” the Midwest’s unique spirit of coordination and collaboration connecting corporations and startups for long-lasting partnerships and success.

Rev1 Provides National Voice of the Entrepreneur

Business Review/NPR – “Interns: Worth the Investment”
In this podcast, Tom Walker, Rev1 president and CEO, discusses the value that interns bring to organizations and their contribution to business growth and success. Scroll to the April 8 episode to hear more from Tom on specific strategies to find and retain intern talent.

5 Things I Wish Someone Had Told Me Before I Began Leading From the C-Suite
Rev1’s Chief Operating Officer, Kristy Campbell, shares personal insight on senior leadership, work-life balance, and more.

4 Tips on Successfully Leading Interns This Summer
Internships look a lot different this year. In Inc., Rev1 President and CEO Tom Walker provides four tips for success with interns in the new hybrid environment of in-office work and work-from-home.

How COVID-19 Spurred Overdue Innovations in Healthcare IT
Wayne Embree, Rev1 executive vice president, Investments & Venture Acceleration, highlights how rapid innovation, especially in telemedicine, met the challenges of the COVID-19 pandemic head-on, creating solutions that are here to stay.

3 Ways to Avoid the Agony of Startup Failure
So many startups fail. Why? And how can you avoid it? Rev1 President and CEO Tom Walker delivers three ideas to set a better foundation for your startup.