Meet Our Newest Investments
After 7 funds and millions of dollars deployed, many things have changed since we launched RevUp in 2016. From creating a new model for funding early stage companies and bringing it to market, there was a pandemic and a 10X increase in the size of our fund in between then and now. Here’s what hasn’t changed: our focus on investing into companies being built by excellent teams and world-class human beings who we are PROUD to support. (Want to head down that rabbit hole? Check out this video on why we named our most recent funds after the Goddess Athena).
We are currently deploying our 7th fund—RevUp Capital’s Athena Growth Fund 2023. We use this page to keep a running tab of companies that we have welcomed into that portfolio and will continue to do so until the fund is fully deployed. Without further ado, here is the current roll call:
In healthcare and laboratory environments, the right personal protection equipment (PPE) is critical to protecting the health and wellbeing of those wearing it. Moreover, choosing smarter PPE is one of the most powerful ways to reduce the carbon footprint of these organizations. Yet, very few PPE solutions offer fit, comfort, protection, and sustainability. Until now!
In producing PPE that is washable, recyclable, and designed to fit a wider range of bodies than disposable / single use PPE, NY-based Amorsui is leading the charge in making PPE better for people and for the environment. From humble beginnings selling direct to consumer to selling into large enterprise, Amorsui is transforming the efficacy and sustainability of PPE, and doing it at scale.
Founder and CEO Beau Wangtrakuldee created the company when she was burned by chemicals while working as an engineer in a lab. The PPE she was wearing, designed for tall, male bodies, did not protect her with a proper fit, and as a result she was seriously burned in this accident. With millions of bodies–of all shapes and sizes–needing proper PPE it made no sense that PPE couldn’t be better at protecting wearers. Beyond that, designing PPE that was more sustainable and less harmful to the environment proved to be one the most powerful ways to reduce the carbon footprint of clinical organizations.
Amoursui garments are sized to fit bodies of all shapes and sizes, offering fit and comfort with superior protection—protection that would have stopped Beau from being burned years ago at the bench. Even better, Amorsui PPE can be worn and washed hundreds of times, and at the end of its useful lifespan, the garments can be returned to the company where the “used” textiles are recycled into new garments. This approach to “zero waste” manufacturing is often referred to as the “circular economy,” and it is the gold standard for organizations seeking to reduce their carbon footprint and achieve environmental goals / climate goals.
Percent Pledge is a SaaS platform that radically simplifies workplace giving and volunteer programs for large and mid-size companies. Founder and CEO Joel Pollick created Percent Pledge with a vision to make it easier for companies of any size to engage employees who care about philanthropy and social impact in a meaningful way.
While platforms of the past limited workplace giving to a narrow selection of options, Percent Pledge seamlessly connects employees with a broad spectrum of ways to give, enabling individual employees to carefully select and curate how heir individual charitable contributions and actions are routed, with just a few clicks. <more>
Boston-based veterinary biotech company Hilltop Bio offers a suite of regenerative therapies focused on helping four-legged animals reduce inflammation and heal from injuries or disease.
When founder and CEO Amanda Drobnis–a lifelong horse rider–suffered a serious hip injury at the age of 29, her doctors gave her two options: a full hip replacement or an experimental treatment. Curious about the latest advancements in regenerative medicine, Amanda chose to experiment. Within a few weeks of treatment she was back on her feet and back in the saddle.
After experiencing the benefits of regenerative therapy herself, Amanda set forth to use the same technology to develop products for animals. Today, Hilltop Bio sells a portfolio of products to veterinary practices across the country. The company is expanding with the release of new products and expansion from the equine market into the companion animals / canine market. <more>
Acceleron Bank is riding a wave of innovation that brings game-changing tech to credit unions and community banks, an underserved market that plays a critical role in the U.S. economy. With their lead products, Acceleron offers a foreign exchange (FX) technology that enables small banks and credit unions to process foreign wires for their customers. Currently, these banks must outsource this service to larger banks, which makes the transaction slow for the end customer, as well as unprofitable for the community bank or credit union.
We love this company’s focus on smaller banks and credit unions, the financial backbone of the U.S. small business economy. While large banks dominate the headlines (and the top end of the market), small businesses continue to choose smaller institutions for their business banking. Until recently, these institutions have been priced out of earlier waves of fintech innovation, curtailing the ways they pass the benefits on to the businesses they serve. It’s great to see that changing with innovators like Acceleron leading the charge! <more>
Who doesn’t want to fly better for less cheddar? Flying biz or first class for work (or pleasure!) isn’t in the budget for many of us, but it’s hard to put a price on showing up to your destination well-rested...not looking like you traveled via dog crate.
Enter FlyFlat, a premium travel discount platform that offers international premium class tickets at 30-80% discounts. FlyFlat uses proprietary algorithms and arbitrage techniques to identify flights that a consumer or typical search aggregator cannot find, display, or book. For those of us who want to travel in comfort, but can’t burn money in a barrel on upgrades, FlyFlat is the solution we have been waiting for. We are thrilled to welcome the FlyFlat team into the RevUp portfolio and glad to be a small part of their journey.
If you want to geek-out on the magic of how FlyFlat works, and learn some actionable travel hacks regardless of if you want to sit in the front of the plane, Zach recently appeared on the All The Hacks podcast detailing the strategies he uses to consistently pay less for flights. Listen to the episode here.)
Cxmmunity Media (CXM) is a niche media platform focused on providing brands with effective and compelling ways to engage with black, brown and other minority-identifying gamers–the fastest growing segment of new gamers in North America. The company focuses on engaging multicultural audiences through various properties, including esports leagues, cultural and professional recruiting events, platforms like Twitch and Fortnite and other digital media. Their main revenue streams include sponsorships, media production services, and ad buys to large brands that want to extend their audiences. This fast growing Atlanta-based company is driving a way of change in the gaming and Esports community and we are thrilled to welcome them to the RevUp family!
SmartConcil is a SaaS platform that simplifies and automates the monthly process of financial reconciliation by transforming how financial data is gathered, standardized, prepared, and presented for analysis. Without an automated way to do this, the grind of reconciliation has become paralyzing. SmartConcil eliminates the manual and repetitive reconciliation process, converting non-standard tasks into a standard flow; Collecting, categorizing, and matching information according to the business rules of each customer. With SmartConcil, finance teams can rapidly integrate data from disparate sources and identify mismatched information in real time, increasing the reliability of financial metrics and dramatically reducing the time and effort spent each month on these tasks.
We are inspired and excited by the progress this team is making, both by serving a diversity of customers in the financial services industry and through their expansion into other markets. portfolio! <more>
And Still We Rise is a platform for delivering training and mental health programming to better support diverse communities in corporate, educational, and civic settings. Founder and CEO Natasha Holmes first created ASWR to provide counseling and therapy services to black & brown folks and other client groups underserved by traditional mental health resources. After building a successful mental health practice, the company expanded to offer programmatic solutions for companies, universities, and government agencies that need better tools for supporting their constituents. Today, ASWR translates the best practices from clinical therapy into programmatic solutions that go beyond what internal HR or community relations departments are trained, qualified, or prepared to do.
This has become a serious and recognized problem for organizations, where people leaders tend to be generalists and lack the specialized training to respond to traumatic events. ASWR is part of a fast moving effort to bring cultural competency into mental wellness services. Their training and mental health support programming is like a SWAT team, trained to handle situations and diverse stakeholder groups in a way that the generalists cannot. <more>
Beyond proud to support this amazing team as they bring their solutions to a national market!
Boutiq offers an end-to-end revenue optimization solution for short-term rental investors. The platform seeks to help home buyers and real estate investors achieve the highest-possible ROI on luxury vacation rental home purchases. Boutiq essentially functions as a vertically integrated asset manager supercharged by Boutiq's proprietary ML / AI forecasting and pricing technology, providing customers with a full suite of services, such as research, underwriting, property setup & design, management, and other revenue optimization tools.
Boutiq then publishes properties through their platform as upscale short-term vacation rentals and lists them for rent to travelers under the Boutiq brand across platforms such as Airbnb, Vrbo, and Booking.com, as well as their own direct-booking portal at Boutiq.co
For homeowners and real estate investors, Boutiq puts the "vacation" back in owning a vacation home and the "passive" back in earning passive rental income. <more>
Aspireship is a career development platform helping motivated people upskill and move into new opportunities. Aspireship solves an important problem: a resume is only part of a candidate’s story. A candidate that looks good on paper may underwhelm in real life. A candidate whose resume is missing “key words” is easily overlooked by automated hiring tools.
Aspireship’s platform offers training for individuals to upskill through training and prove aptitude through role play that simulates the real-world scenarios that candidates will face on the job. The platform matches candidates with best fit companies, providing hiring managers with a pitch video and role play footage that tell a story a resume alone never could.
Most importantly, they became an approved vendor for subsidized apprenticeships through the Department of Labor, which provides consistent revenue while letting them offer their training program for "free" to companies and displaced talent.
Half of adult women deal with urinary incontinence, yet there is deep stigma associated with it. Consequently, incontinence products and solutions remain woefully ineffective and out of sync with the preferences of those who need (and buy) these products the most. Until now!
Attn: Grace and their skin-safe, sustainable, and highly effective incontinence products have been flying off the shelves since launching a few years ago. The Attn: Grace magic isn’t the company’s modern branding and streamlined approach to serving the market. The magic is in the product. Their first-of-a-kind products are a game changer in terms of both function and sustainability.
Not only do Attn: Grace products outperform leading big-box brands, they replace petroleum-based plastics with plant-based alternatives that are higher performing and leave a smaller environmental footprint…in a category that accounts for over 7% of landfill waste each year!
Conventional pads are made with chemicals that cause painful rashes, dermatitis and UTIs. Synthetic fillers create bulky, uncomfortable profiles. Leaks, odor and irritation cause depression, anxiety and social isolation. Attn: Grace’s proprietary product ensures that only sugarcane fibers touch the skin, virtually eliminating irritation for the wearer. They also replace petroleum-based ingredients with plant-based alternatives by using a 100% sustainably forested wood pulp core.
The end result is a pad that works and fits better, with less toxic waste headed to our landfills.
This woman-owned B-Corp, led by co-founders Mia Abbruzzese and Alexandra Fennell, has an incredibly loyal and fast growing following, selling D2C, via Amazon, and retail through stores like Walmart. With millions in sales already under their belt, the sky is the limit as Attn: Grace brings dignity and innovation to this $20B industry.
We are thrilled to welcome Attn: Grace to the RevUp portfolio and proud to be a small part of the Attn: Grace journey. (If you’d like to get more backstory on this amazing company, this 2023 article by the U.S. Chamber of Commerce is a must read https://www.uschamber.com/co/good-company/the-leap/how-startup-attn-grace-landed-walmart)
Aeva Digital is revolutionizing the aesthetics and med-spa industry by helping practices maximize revenue and efficiency through an all-in-one software and service platform to drive growth.
Aesthetics is a massive $14B industry that is rapidly expanding with an increasingly diverse and exponentially growing customer base. With a fully integrated CRM and business operating platform, AEVA caters to industry providers by enabling them to focus on patient care while AEVA provides the software platform and tools to handle their marketing needs.
Using advanced marketing strategies, automation, and a plug-and-play software platform, AEVA’s unique approach is more than just a toolset; it’s like “Accenture for the aesthetic industry,” delivering both powerful tools and the expertise necessary to get the most out of them.
Led by a strong team with deep ties to the space they are serving, AEVA is quickly becoming the go-to platform for startup and established aesthetic practices.
Sourcing and Vendor Management is a huge, yet stagnant, market. While tools like Workday, SAP, and Oracle made initial advancements in the enterprise resource planning (ERP) space, many companies still rely on spreadsheets to manage their vendor relationships. Enter Stimulus: a game-changing AI-powered vendor sourcing and management platform transforming the procurement space.
Led by Tiffanie Stanard, CEO and Founder, Stimulus brings a fresh perspective to an industry that has been stuck for far too long. Their AI-powered sourcing relationship intelligence platform (SRIP) combines data insights, relationship-building tools, and a proprietary scoring system to help companies make smarter purchasing decisions and optimize their supplier ecosystem.
Stimulus is revolutionizing this space by using artificial intelligence and machine learning to automate tasks, capture missed spend opportunities, and streamline workflows, eliminating inefficiencies that bog down procurement professionals. What sets Stimulus apart is its unique ability to collect data from both buyers and suppliers, providing a comprehensive view of the entire supplier ecosystem.
Stimulus isn’t just another vendor management platform—it's a relationship intelligence platform that enhances the human aspect of procurement.
We are excited to welcome Tiffanie and the Stimulus team into the RevUp family as they continue to transform the procurement industry!
More About RevUp Capital
RevUp Capital invests in B2B and B2C companies that are revenue-driven and ready to double down on growth. We deploy cash and capacity to help companies grow from $1-3M to $10-30M, quickly and efficiently, using a revenue-based model. Companies enter our portfolio with $500K-$3M in revenue, a strong growth rate, and a team that’s ready to scale. Our typical investment range is $300K-$500K.
We invest into a company's market-facing activity using a cash and capacity model. We pair our cash investment with dedicated support from the RevUp Growth Platform: a powerful resource to build a data-driven growth engine, delivered by people who get the work done. Rather than take equity, companies return investment through a small percentage of revenue over time. More at www.revupfund.com