Rev1's $700 million impact on the Ohio startup scene

Driving the news: Rev1 released its 2025 Startup Impact Report this week, shared first with Axios.

By the numbers: Including capital raised, revenue generated and exits, Rev1's total 2025 impact comes to $718 million.

• It attracted $270 million in capital for its clients, and deployed $11.7 million of its own funding.
• Rev1 helped found 26 new companies, and its portfolio pays an average salary of $119,000.
• It vetted more than 700 startup concepts last year and supported 156 entrepreneurs.

What they're saying: Those numbers indicate "strength and resilience" amid "one of the most challenging venture markets in recent years," CEO Tom Walker said in a news release.

• "Even as early-stage capital became harder to access nationally, founders in our ecosystem continued gaining traction, generating revenue, creating jobs, and positioning themselves for long-term scale."

The big picture: Rev1's portfolio companies have generated $7.5 billion since its founding in 2005.