Revolution Places
1717 Rhode Island Ave NW, Suite 1000, Washington, DC, 20036, United States
Overview
Founded by Steve Case in 2005, Revolution partners with passionate entrepreneurs upending traditional industries with innovative products and services, leveraging its areas of specialized expertise to create significant value. Through its family of funds that include The Rise of the Rest Seed Funds, Revolution Ventures, and Revolution Growth, Revolution partners with entrepreneurs at every stage of the entrepreneurial lifecycle. Revolution focuses on venture communities in high-potential geographies and believes that while talent is well distributed, the opportunity is not. The firm’s vision that great companies can start and scale anywhere is supported by the fact that startups in emerging venture communities are often more capital efficient, offer a lower cost of doing business, and attract talent looking for a better quality of life.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 9
Sector focus
- Business Development
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Portico
Led · Equity · May 2012
Portico by Exclusive Resorts is a private club providing access to a growing portfolio of more than 150 luxury vacation homes across over 50 destinations, combined with personalized pre-trip planning and concierge service. In its pre-launch phase Portico has enrolled more than 1,600 members and launched a new website with direct booking capability. The company emphasizes flexible, below-market nightly rates and offers Discovery memberships with a $7,500 initiation fee and a $2,500 annual fee; the press release cites inventory examples at 30–50% below market rates. Portico leverages the operational experience and scale of Exclusive Resorts and remains a majority-owned subsidiary. It recently appointed Justin Halloran, a former HomeAway executive, as CEO to drive bookings and scaling. Portico has introduced more than 10 new destinations recently and plans to use new funding to add vacation choices, raise awareness, and continue rapid expansion.