Rev1’s portfolio passes goal of $2B economic impact in six years

Photo via foodbusinessnews.net

Rev1 Ventures has passed its goal of $2 billion economic impact over six years after it smashed several records in 2018 and saw some of its portfolio companies acquired this year.

The venture capital firm’s portfolio generated $124 million revenue and attracted $157 million in investments last year, while a handful of companies were acquired or recapitalized for a combined $182 million, according to its annual report. Together they have 966 employees.

Click here to read the complete article, and see related article in The Columbus Dispatch.

Story excerpt provided by Columbus Business First.

Written by Carrie Ghose.

Originally published April 3, 2019.

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