# Revolution: portfolio, investments and team

> Revolution is a vc firm based in United States. 196 investments on record, 9 in the last 12 months, latest Aug 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/revolution (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Revolution

Last cheque observed Aug 2026; 196 cheques on record.

Email

Deploying now New fund $81M, Sept 2022 VC firm

Pre-seed Seed Series A Latinx Under-represented Latina

Follow Revolution and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Frevolution)

Deploying now

**32%** of best year **9** **cheques in 12 months**, 196 on record

Since the last cheque **91** days **00** hrs **00** min **00** sec

Median round **$7.0M** Rounds led **4 of 196** Sole investor **29 rounds** Exits **7 from the portfolio** Mostly in **United States, 82%**

Pitch Revolution

## Revolution highlights

- 01 9 cheques in the last 12 months
- 02 Mostly Venture and Series A: 56% of its rounds
- 03 Sole investor in 29 rounds, median $5.0M
- 04 7 exits from the portfolio

## What they do

> Through our family of funds, Revolution Growth, Revolution Ventures, and Rise of the Rest Seed Fund, we back entrepreneurs at every stage of the startup journey. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A Series B Growth Pre-IPO
- **Sectors:** Latinx Under-represented Latina
- **Based in:** Washington, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **196 appearances**

- **2026** 6 rounds
- **Aug** **[Strike Graph](https://millionrounds.com/company/strike-graph)** Venture · US **$1.4M** With 2 others
- **Jun** **[POP Biotechnologies](https://millionrounds.com/company/pop-biotechnologies)** Grant · US **$9.7M** With 1 other
- **Jun** **[Replicate Bioscience](https://millionrounds.com/company/replicate-bioscience)** Grant · US **$3.0M** With 4 others
- **Jun** **[Just Women's Sports](https://millionrounds.com/company/just-women-s-sports)** Venture · US **Undisclosed** With 1 other
- **May** **[Kashable](https://millionrounds.com/company/kashable)** Series C · US · Crunchbase News **$60M** With 5 others
- **Apr** **[Sention Technologies](https://millionrounds.com/company/sention-technologies)** Grant · GB **$806K** With 1 other
- **2025** 27 rounds
- **Dec** **[Kashable](https://millionrounds.com/company/kashable)** Venture · US **$37M** With 2 others
- **Nov** **[Place Exchange](https://millionrounds.com/company/place-exchange)** Venture · US **Undisclosed** With 1 other
- **Nov** **[Quino Energy](https://millionrounds.com/company/quino-energy)** Series A · US **$10M** With 3 others
- **Oct** **[zMatch](https://millionrounds.com/company/zmatch)** BR · LatamList **$1.8M** With 4 others
- **Oct** **[POP Biotechnologies](https://millionrounds.com/company/pop-biotechnologies)** Grant · US **$2.5M** With 1 other
- **Oct** **[Plastomics](https://millionrounds.com/company/plastomics)** Series B · US **$5.8M** With 2 others
- **Oct** **[Calculum](https://millionrounds.com/company/calculum)** Seed · US **$1.4M** Sole investor
- **Oct** **[Gravwell](https://millionrounds.com/company/gravwell)** Series A · US **$15M** With 2 others
- **Oct** **[Immaterial](https://millionrounds.com/company/immaterial)** Series A · GB · Firms' own news pages **$18M** With 6 others
- **Sept** **[TemperPack Technologies](https://millionrounds.com/company/temperpack-technologies)** Debt · US · Closed Loop Partners **$10M** With 5 others
- **Sept** **[Blixt](https://millionrounds.com/company/blixt)** Venture · SE **Undisclosed** With 4 others
- **Sept** **[Prelude](https://millionrounds.com/company/prelude)** Venture · US **$16M** With 2 others
- **Aug** **[Oort Energy](https://millionrounds.com/company/oort-energy)** Venture · GB **Undisclosed** With 1 other
- **Jul** **[Blueprint](https://millionrounds.com/company/blueprint)** Venture · US **$15M** With 2 others
- **Jun** **[Palla](https://millionrounds.com/company/palla)** Series A · LatamList **$15M** *Led*
- **Jun** **[Superfiliate](https://millionrounds.com/company/superfiliate)** Seed · US **$2.0M** Sole investor
- **May** **[Sention Technologies](https://millionrounds.com/company/sention-technologies)** Seed · GB · Energy Revolution Ventures **$5.0M** With 8 others
- **May** **[Pathos AI](https://millionrounds.com/company/pathos-ai)** Series D · US · Crunchbase News **$365M** With 5 others
- **Apr** **[BenchPrep](https://millionrounds.com/company/benchprep)** Venture · US **$2.5M** With 3 others
- **Apr** **[HData](https://millionrounds.com/company/hdata)** Debt · US **$2.1M** With 2 others
- **Mar** **[Soundways](https://millionrounds.com/company/soundways)** Venture · US **$2.1M** With 1 other
- **Mar** **[Vizion](https://millionrounds.com/company/vizion)** Debt · US **$3.0M** With 4 others
- **Mar** **[Daupler](https://millionrounds.com/company/daupler)** Series B · US **$15M** With 2 others
- **Feb** **[75F](https://millionrounds.com/company/75f)** Series B · US **$45M** With 2 others
- **Feb** **[Kangarootime](https://millionrounds.com/company/kangarootime)** Venture · US **$2.7M** With 3 others
- **Feb** **[Mint House](https://millionrounds.com/company/mint-house)** Venture · US **$3.9M** With 2 others
- **Jan** **[Upwell Revenue Software](https://millionrounds.com/company/upwell-revenue-software)** Seed · US **$5.4M** With 3 others
- **2024** 14 rounds
- **Dec** **[Gig Wage](https://millionrounds.com/company/gig-wage)** Series A · US · AlleyWatch **$8.3M** With 7 others
- **Dec** **[Aiwyn](https://millionrounds.com/company/aiwyn)** Venture · US **$113M** With 1 other
- **Oct** **[DemandJump](https://millionrounds.com/company/demandjump)** Venture · US **$2.1M** With 2 others
- **Oct** **[Casted](https://millionrounds.com/company/casted)** Venture · US **$1.0M** With 2 others
- **Aug** **[Prorata.AI](https://millionrounds.com/company/prorata-ai)** Series A · US **$25M** With 1 other
- **Jun** **[Raincoat](https://millionrounds.com/company/raincoat)** Grant · PR **$150K** With 4 others
- **Jun** **[After.com](https://millionrounds.com/company/after-com)** Series A · US **$10M** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **16 named**

BC **Brady Carruth** Promoter i Filing they signed

CC **Campbell Congdon** Director i Filing they signed

DG **David G Golden** Director; Trustee of the Golden-Wilner Living Trust i Form ADV

HH **Hunter Hibler** Promoter i Filing they signed

JS **Jason Sneah** Director i Filing they signed

JW **John Wehrle** Executive Officer, Promoter i Filing they signed

KG **Kara Goodloe** Executive Officer i Filing they signed

KD **Katherine Devin Wilschutz** Chief Financial Officer i Form ADV

KL **Kerry Lee Killeen** Chief Compliance Officer i Form ADV

MJ **Matthew Jankovsky** Promoter i Filing they signed

SO **Samuel Oh** Executive Officer, Promoter i Filing they signed

SM **Sapna Mehta** Chief Compliance Officer i Form ADV

SM **Stephen Mcconnell Case** Director; Trustee of the Stephen M. Case Revocable Trust i Form ADV

SJ **Steven Joseph Murray** Operating Director i Form ADV

TJ **Theodore John Leonsis** Director i Form ADV

WE **William Evans Savage** Director and President; Trustee of the William Evans Savage Jr. Revocable Trust i Form ADV

We also hold **61** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$667M** gross assets of its funds, 3 advisers combined Oct 2026

**5+** funds on file numbered funds in its name

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Revolution Ventures Management Company, Inc.
- **SEC number:** CRD 157715

## What they claim to have backed

From their own portfolio page (on their website)

**5** of 8 we have independently watched raise

[120water](https://millionrounds.com/company/120water)[75f](https://millionrounds.com/company/75f)[86repairs](https://millionrounds.com/company/86-repairs)[Aatmunn](https://millionrounds.com/company/aatmunn)[Anduril](https://millionrounds.com/company/anduril-industries) Abartyshealth Acres Qsrmagazine

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **7 in all**

**[OrderUp](https://millionrounds.com/company/orderup)** Bought by [Groupon](https://millionrounds.com/fund/groupon) **Undisclosed** Jul 2015

**[newBrandAnalytics](https://millionrounds.com/company/newbrandanalytics)** Bought by Sprinklr **Undisclosed** Jun 2015

**[HelloWallet](https://millionrounds.com/company/hellowallet)** Bought by [Morningstar](https://millionrounds.com/fund/morningstar) **$5.3M** May 2014

**[Symwave](https://millionrounds.com/company/symwave)** Bought by SMSC **$8.3M** Nov 2010

**[Revolution Money](https://millionrounds.com/company/revolution-money)** Bought by American Express **$300M** Nov 2009

**[Qloud](https://millionrounds.com/company/qloud)** Bought by SpinMedia Group **Undisclosed** Mar 2008

**[Inovys](https://millionrounds.com/company/inovys)** Bought by Verigy **Undisclosed** Dec 2007

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$81M**

raised in Sept 2022

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$7.0M** the round, not its cheque Alone, median **$5.0M**

Led 4 of 196 rounds **2%**

- **Sole investor:** 29 rounds
- **Last cheque:** Aug 2026
- **Exits:** 7 from the portfolio

Rounds by stage said on their site

- Venture *50*
- Series A said *39*
- Seed said *28*
- Series B said *28*
- Series C *13*
- Pre-seed said *-*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) 16
- [Techstars](https://millionrounds.com/fund/techstars) 9
- [Grotech Ventures](https://millionrounds.com/fund/grotech-ventures) 8
- [Ted Leonsis](https://millionrounds.com/fund/ted-leonsis) 8
- [Steve Case](https://millionrounds.com/fund/steve-case) 6
- [Lightbank](https://millionrounds.com/fund/lightbank) 5

**Pitching Revolution?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Revolution. A count of rooms they were both in, not a relationship either has claimed.

[**New Enterprise Associates** VC firm **16** rounds together](https://millionrounds.com/fund/new-enterprise-associates)[**Techstars** VC firm **9** rounds together](https://millionrounds.com/fund/techstars)[**Grotech Ventures** VC firm **8** rounds together](https://millionrounds.com/fund/grotech-ventures)[**Ted Leonsis** VC firm **8** rounds together](https://millionrounds.com/fund/ted-leonsis)[**Steve Case** VC firm **6** rounds together](https://millionrounds.com/fund/steve-case)[**Lightbank** VC firm **5** rounds together](https://millionrounds.com/fund/lightbank)[**Plug and Play** Accelerator **5** rounds together](https://millionrounds.com/fund/plug-and-play)[**Google for Startups** Accelerator **4** rounds together](https://millionrounds.com/fund/google-for-startups)[**Inovia Capital** VC firm **4** rounds together](https://millionrounds.com/fund/inovia-capital)[**National Science Foundation** Government **4** rounds together](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno)[**SaaS Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/saas)[**Third Sphere** VC firm **4** rounds together](https://millionrounds.com/fund/third-sphere)

## Recently backed

The latest companies Revolution put money into.

[**Strike Graph** $1.4M · Aug 2026](https://millionrounds.com/company/strike-graph)[**POP Biotechnologies** $9.7M · Jun 2026](https://millionrounds.com/company/pop-biotechnologies)[**Replicate Bioscience** $3.0M · Jun 2026](https://millionrounds.com/company/replicate-bioscience)[**Just Women's Sports** Jun 2026](https://millionrounds.com/company/just-women-s-sports)[**Kashable** $60M · May 2026](https://millionrounds.com/company/kashable)[**Place Exchange** Nov 2025](https://millionrounds.com/company/place-exchange)

## Books by the people here

One book written by people at Revolution: [Ted Leonsis](https://millionrounds.com/person/ted-leonsis).

- The Business of Happiness: 6 Secrets to Extraordinary Success in Life and Work [Ted Leonsis](https://millionrounds.com/person/ted-leonsis) · 2010 3.67 from 171 ratings on Goodreads About the book Albert Schweitzer said, “Happiness is the key to success.” In The Business of Happiness, Ted Leonsis, business, sports, and media mogul, proves Schweitzer’s point, explaining that success may or may not make you happy, but happiness will almost always make you more successful.… On AmazonListen on Audible
- Find the books for what you are building, or how you invest. [Open the Reading List](https://millionrounds.com/reading-list)

As an Amazon Associate we earn from qualifying purchases.

## On podcasts

6 episodes naming Revolution in the title, and 4 more that mention it.

- [Origins: Inside Venture Capital](https://millionrounds.com/podcasts/origins-openlp) 13 Jul 2026 · 1h 1m The Second Cognitive Revolution: What AI Actually Means for Venture Capital Mentions [Revolution](https://millionrounds.com/fund/revolution)[Magnetar Capital](https://millionrounds.com/fund/magnetar-capital) Apple PodcastsShow page
- [Invest Like the Best](https://millionrounds.com/podcasts/invest-like-the-best) 21 Apr 2026 · 1h 32m Alex Karnal - The Trillion-Dollar Health Revolution - [Invest Like the Best, EP.468] Mentions [Revolution](https://millionrounds.com/fund/revolution)[Deerfield](https://millionrounds.com/fund/deerfield) Apple PodcastsShow page
- [Fintech Insider](https://millionrounds.com/podcasts/fintech-insider) 9 Apr 2026 · 57 min 1053. Insights: Agentic payments: Revolution or just better orchestration? Mentions [Revolution](https://millionrounds.com/fund/revolution) Apple Podcasts
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 7 Apr 2026 · 36 min 20VC: DeepMind's Demis Hassabis on Why AGI is Bigger than the Industrial Revolution | Why LLMs Will Not Commoditise & We Have Not Hit Scaling Laws | Bottlenecks in AI & The Energy Crisis Caused By AI | Whether AI Will Do More to Harm or Help Inequality Mentions [Demis Hassabis](https://millionrounds.com/fund/demis-hassabis)[Revolution](https://millionrounds.com/fund/revolution)[Google](https://millionrounds.com/fund/google-assistant-investments) Apple PodcastsShow page
- [All-In](https://millionrounds.com/podcasts/all-in) 21 Jan 2026 · 32 min Microsoft CEO Satya Nadella on AI's Business Revolution: What Happens to SaaS, OpenAI, and Microsoft? | LIVE from Davos With [Satya Nadella](https://millionrounds.com/person/satya-nadella) Mentions [Revolution](https://millionrounds.com/fund/revolution) Apple PodcastsShow page
- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 14 Jan 2026 · 1h 8m Japan's Startup Revolution (feat. Kathy Matsui) | E2235 Mentions [Revolution](https://millionrounds.com/fund/revolution) Apple PodcastsShow page

### Mentioned in

- [TBPN](https://millionrounds.com/podcasts/tbpn) 20 Jul 2026 · 2h 41m The AI Cold War, Odyssey Rips, Tyler Cowen Joins | Danny Yeung, Connor Love, Kahlil Lalji, Tarek Mansour, Tony Zhao Apple PodcastsShow page
- [TBPN](https://millionrounds.com/podcasts/tbpn) 21 May 2026 · 2h 30m SpaceX IPO, The Erdős Problem, Spotify CEO Joins | Alex Tabarrok, Bill Clerico, Alex Norström, Jordan Schneider, Christina Lee Storm, Erik Bernhardsson Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 27 Apr 2026 · 1h 21m 20VC: Applovin: $160BN Market Cap, $5.48BN Revenue, $10M EBITDA Per Head | Why the Best Do Not Need Mentorship | Why Founders Should Not Angel Invest | Why Kindness in Business Will Slow You Down with Adam Foroughi Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 14 Apr 2026 · 1h 9m 20VC: Anj Midha on Investing $300M into Anthropic | The Early Days of Anthropic & How 21 of 22 VCs Turned it Down | The Four Bottlenecks to Compute | What the China Has Smashed and Why We Should Be Worried Apple PodcastsShow page

## Quick answers about Revolution

### What does Revolution invest in?

Revolution invests most often at Venture and Series A (56% of the rounds on record), in sectors such as Latinx, Under-represented and Latina.

### How active is Revolution?

196 investments on record, 9 of them in the last 12 months, and it led 4. The most recent was in Aug 2026.

### What has Revolution invested in recently?

Its most recent investments on record: Strike Graph (Venture, Aug 2026), POP Biotechnologies (Grant, Jun 2026) and Replicate Bioscience (Grant, Jun 2026).

### How big are Revolution's cheques?

The median round it joins is $7.0M.

### Does Revolution lead rounds?

Sometimes: it led 4 of its 196 investments on record (2%).

### Where does Revolution invest?

Most of the companies it backs are in the United States (82%) and the United Kingdom (10%).

### Is Revolution investing now?

Yes: it is actively investing, with 9 investments in the last 12 months.

### Who does Revolution invest alongside?

Most often New Enterprise Associates (16 rounds together), Techstars (9 rounds together) and Grotech Ventures (8 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=revolution) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=revolution)