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Beyond the Pitch

Giving Back is in our DNA

At Rev1 Ventures, giving back is a part of who we are. We have two corporate initiatives. We match employee contributions to three local non-profit organizations of significance to our employees.

We also support entrepreneurs in developing countries who are starting or growing technology-enabled businesses by making micro-lending investments through Kiva, a non-profit organization with a mission to connect people through lending to alleviate poverty.

One-to-One Match Serving the Columbus Community

We sponsor an annual one-to-one match of employee donations to Nationwide Children’s Hospital, Mid-Ohio Food Bank, and Pets without Parents (PWP).

The missions and service audiences of these charities are as diverse as the passions and interests of our employees.

More than a million children receive life-saving care at Nationwide Children’s every year. For every $1 donated, the Food Bank is able to distribute $10 worth of groceries to people in need. PWP, a no-kill shelter, has helped more than 8,000 cats and dogs find homes.

Evergreen Fund Supports Entrepreneurs through Microfinancing

Entrepreneurship is so much a part of Rev1’s DNA, that Kiva, a non-profit organization with a mission to connect people through lending to alleviate poverty, is a natural fit.Results

Leveraging the Internet and a worldwide network of microfinance institutions, Kiva aggregates individual investments as small as $25 to help create opportunity around the world.

Rev1 Ventures began investing two years ago. Our investment strategy is to invest in a technology-related opportunity if possible, be geographically diverse and also to invest a significant amount per investment, either to get an entrepreneur’s round off to a good start or to help close out a round.

We’ve invested in six entrepreneurs in regions from Armenia to Philippines to Mexico.

Kiva

 

Rev1 keeps metrics on our Kiva portfolio and reports on our investment performance quarterly. Our investments are out-performing Kiva’s averages.

We invest between $100 and $200 a year and are creating an evergreen fund by reinvesting our loan repayments.

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