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RevRoad

North America, Utah, United States, Provo

Description

RevRoad, based in Provo, Utah, distinguishes itself in the venture capital landscape not primarily as a traditional capital provider, but as a comprehensive venture services firm. Founded with the mission to accelerate the growth of early-stage companies, RevRoad offers a unique model where it invests a dedicated team and essential operational services, rather than solely providing cash. This approach is designed to fill critical gaps often faced by nascent startups, providing them with the infrastructure and expertise typically found in larger, more established organizations.

The core of RevRoad's value proposition lies in its hands-on support, which includes access to a full suite of professional services such as marketing, sales, product development, finance, legal, and human resources. This team of experts works directly with portfolio companies, embedding themselves to execute growth strategies and build sustainable operations. This intensive engagement can last for an extended period, typically up to two years, ensuring that startups receive sustained guidance and operational support during their most critical growth phases.

While RevRoad's primary contribution is its extensive service offering, it also provides a direct capital investment to its portfolio companies. This cash component typically ranges from $50,000 to $250,000, complementing the significant value derived from their operational support. The firm often takes an equity stake in exchange for both the cash investment and the substantial services provided, which are frequently valued at over $1 million per company over the course of their engagement. RevRoad focuses on a diverse range of industries, seeking out promising startups that can benefit from their hands-on, operational-centric growth model. They have supported over 50 companies through their program.

The firm's strategic location in Provo, Utah, places it within a burgeoning tech ecosystem, allowing it to tap into local talent and foster a collaborative environment. By integrating deeply with its portfolio companies, RevRoad aims to de-risk the startup journey, enhance scalability, and significantly increase the likelihood of success for the ventures it supports, preparing them for subsequent larger funding rounds.

Investor Profile

RevRoad has backed more than 56 startups, with 0 new investments in the last 12 months alone. The firm has led 50 rounds, about 89% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Pre Seed, Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Software, Education, Information Technology.
  • Typical check size: $50K – $250K.

Stage Focus

  • Pre Seed (91%)
  • Seed (7%)
  • Series A (2%)

Country Focus

  • United States (98%)
  • Canada (2%)

Industry Focus

  • Software
  • Education
  • Information Technology
  • E-commerce
  • Artificial Intelligence (Ai)
  • Electronics
  • Apps
  • Language Learning
  • Mobile Apps
  • Automotive
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does RevRoad frequently co-invest with?

TV
North America, Illinois, United States, Chicago
Co-Investments: 1
Album VC
North America, Utah, United States, Lehi
Co-Investments: 1
PP
North America, New York, United States, New York
Co-Investments: 1
Peterson Ventures
North America, Utah, United States, Salt Lake City
Co-Investments: 1
Tamarak Capital
North America, Utah, United States, Springville
Co-Investments: 3
CF
North America, Utah, United States, Salt Lake City
Co-Investments: 1
UG
North America, Utah, United States, Salt Lake City
Co-Investments: 1
Kickstart
North America, Utah, United States, Salt Lake City
Co-Investments: 1

What are some of recent deals done by RevRoad?

Hypercraft

Provo, Utah, United States

Hypercraft provides turn-key electric drive systems for today's e-mobility demands and tomorrow's wildest creations.

AutomotiveBatteryElectronicsTransportation
SeedFeb 21, 2023
Amount Raised: $6,500,000
Particl

Salt Lake City, Utah, United States

Particl is building the competitor insights platform designed for e-commerce.

Data MiningDatabaseE-Commerce
Series ANov 17, 2022
Amount Raised: $8,500,000
Transcend Energy Group

Post Falls, Idaho, United States

Transcend Energy Group is a manufacturer of two-piece connecting rods.

AutomotiveIndustrialMachinery ManufacturingProduct Design
Pre SeedJul 1, 2022
Jipe

Utah, Tennessee, United States

Jipe helps employers and job searches to swipe through options and match up with the job they want.

Information TechnologySoftwareSoftware Engineering
Pre SeedJul 1, 2022
Crux Academy

Boulder, Colorado, United States

Crux Academy is an education institution.

Adventure TravelE-LearningOutdoorsTraining
Pre SeedJun 1, 2022
Pitch59

Houston, Texas, United States

Pitch59 is an advertising service that offers sales, marketing, and network services.

Digital MarketingEmploymentOnline ForumsRecruiting
Pre SeedApr 12, 2022
Paramify

Provo, Utah, United States

Paramify simplifies tasks by providing automated compliance deliverables.

ComplianceDocument ManagementDocument PreparationSecuritySoftware
Pre SeedApr 12, 2022
Analytics Odyssey

Lehi, Utah, United States

Analytics Odyssey - an end-to-end data management platform automating warehousing, visualizations, and predictions with a click of a button

AnalyticsData ManagementSoftware
Pre SeedApr 12, 2022
ERC Specialists

Orem, Utah, United States

ERC Specialists is a payroll company that offers to maximize employee retention credits for small businesses affected by COVID.

AccountingCreditEmployee BenefitsFinance
Pre SeedApr 12, 2022
Bobelo

Sandy, Utah, United States

Bobelo is a manufacturer and online retailer of hydrating carbonated beverages.

Food and BeverageNutrition
Pre SeedApr 12, 2022