Economic

Rev1 Ventures passes $4B economic impact, reflecting a decade of work

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COLUMBUS, Ohio (COLUMBUS BUINESS FIRST) – Rev1 Ventures in 2019 reported meeting its goal of $2 billion in economic impact six years after reorganizing.

It took just two more years to double that impact to more than $4 billion, according to the organization’s annual report, including $1.1 billion of that in 2021.

In an interview with Columbus Business First, CEO Tom Walker said 2021, “was very much a culmination of just over a decade of work of these companies launching and having success in the region. You can’t track the success of a region by one fund, one company. It’s a long-term game.

“It’s not about the big exits – it’s about validating the markets, it’s about helping entrepreneurs build great companies that can scale here, and connecting those companies to our corporate base.”

For more on this story, go to ColumbusBusinessFirst.com.

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