Revolution Growth
Revolution Growth is the growth equity arm of Revolution LLC, founded by Steve Case (AOL co-founder). The firm focuses on high-growth companies outside of Silicon Valley, with particular interest in healthcare, technology, and consumer sectors. They were early investors in Tempus, one of the leading precision medicine AI companies.
Location
Washington, DC, USA
Founded
2011
AUM
$1.5B+
Investment Range
$25M - $150M
Portfolio Companies
1
Focus
generalist
Fund Stages
series-b, series-c, growth
Investment Thesis
Revolution Growth invests in growth-stage companies that are disrupting large industries, with a particular focus on companies outside traditional tech hubs (the "Rise of the Rest" thesis). In healthcare, they back companies using technology to transform healthcare delivery, improve access, and drive better patient outcomes. They seek companies with proven business models ready to scale nationally or globally.
Team
Partners / Managing Directors (Health & Bio Focus)
- Steve Case - Chairman & CEO, Revolution
- David Golden - General Partner, Revolution Growth
- Clara Sieg - General Partner, Revolution Growth
- Patrick Conroy - Partner, Revolution Growth
Other Key Team Members
- Revolution investment team covers healthcare, technology, and consumer sectors
Focus Areas
- Healthcare Technology
- Precision Medicine
- Digital Health
- Consumer Technology
- Enterprise Software
- Rise of the Rest (regional investments)
- Growth-stage companies
Notable Portfolio Companies (Healthcare/Biotech)
- Tempus - Precision medicine AI platform (seed investor, IPO 2024)
- DraftKings - Sports technology
- Sweetgreen - Food technology
- Tala - Financial technology
Notable Exits
- Tempus - IPO (2024, NASDAQ: TEM, precision medicine AI)
- DraftKings - SPAC (2020, NASDAQ: DKNG)
- Sweetgreen - IPO (2021, NYSE: SG)
- Revolution Foods - Acquired
Unique Model
- Part of Revolution LLC alongside Revolution Ventures (early stage) and Rise of the Rest Seed Fund
- Focus on companies in emerging startup ecosystems outside Silicon Valley
- Steve Case's network and influence in policy and business
Sources
Portfolio Companies
| Name | Location | Founded | Categories |
|---|---|---|---|
| Tempus AI | Chicago, Illinois, USA | 2015 | genomics-sequencingai-drug-discovery+4 |