All Press Releases
New York City-based startup Handybook, the leading on-demand home cleaning and repair service, today announced it has closed a $30 million Series B investment round led by Revolution Growth, the $450 million fund co-founded by Steve Case, Ted Leonsis and Donn Davis. Existing investors Highland Capital Partners and General Catalyst Partners also participated in the round. Handybook has now raised $49 million in total capital. With the new investment, Handybook will continue to build the team and product necessary to deliver a great consumer experience to meet growing demand across its 26 cities.
Revolution Foods, the preeminent provider of healthy, kid-inspired school meals and retail products, today announced a significant new investment from Revolution Growth. As part of the investment, Steve Case will join the company’s board. The investment will help Revolution Foods expand its school meal service and line of ready-to-eat Meal Kits into new schools and stores, providing more American families with access to affordable, delicious healthy food.
Revolution and UP Global today announced that they will embark on a four city, four day bus tour through the heart of America. Spearheaded by Steve Case, the tour will highlight emerging startup communities and bring attention to a rise of the entrepreneurial rest that is taking place throughout the United States. “It’s important to remember that America itself was once a startup, and became the greatest economy in the world thanks to the efforts of entrepreneurs who built not just companies, but entire industries in the heart of the country,” said Case. “This journey - covering nearly 1,000 miles - will showcase emerging entrepreneurial ecosystems that will play a critical role in rebuilding the American economy and creating new middle class jobs.”
Eho360, the global leader in active and distance learning solutions, just announced the launch of a significant product update that introduces new features to their flagship solution, the EchoSystem. EchoSystem 5.4 is available to Echo360 clients today and offers new product capabilities that were developed to make it easier for instructors and institutions to support active learning.
ewBrandAnalytics (nBA) announced today that its social media intelligence platform is now monitoring more than 100,000 locations across retail, hospitality, health care, entertainment, and financial and public services after a year of significant expansion in high-growth markets. The company added more than 100 new clients to its roster in 2013, including national brands Subway, Crunch Fitness, Hyatt Hotels, Sonic, Dick’s Sporting Goods, Brinker International, Interstate Hotels, AMF Bowling and many others. Revenue increased 150 percent in 2013 over 2012, as major enterprises across a diverse range of industries joined long-time newBrandAnalytics customers such as Five Guys, Corner Bakery and Darden to access the company’s unique social intelligence insights for improved social customer relationship management.
UberMedia, based just blocks away from the final chapter of the college football BCS Bowl game in Pasadena, CA, today released its first UberInsights of 2014: a “Digital BCS Snapshot” that provides a quick view of Florida State and Auburn fans’ mobile social behavior around the 2014 BCS Championship game. The first-party data was compiled from UberMedia’s audience data platform that captures cross-screen social, location and interest signals and behavior to unlock unique consumer insights.
Inspirato LLC and Portico Club LLC today announced they have combined, joining the two fastest growing destination clubs to provide members with increased choice and added flexibility. As a result of the combination, the majority of Portico’s residence portfolio will be joined with Inspirato’s portfolio, and Portico members will be invited to join the “Inspirato with American Express” travel club without payment of initiation fees. The combined club, which will operate under the name “Inspirato with American Express” and be led by Inspirato CEO Brent Handler, will offer members more than 500 luxury vacation choices in more than 100 destinations.
AddThis today announced the appointment of Hal Muchnick as the company’s Chief Operating Officer. In his new role Muchnick will be responsible for global business operations at the company, including sales, marketing, client services, business and publisher network development.
Echo360, the global leader in active and distance learning solutions, today announced that Ruhr University Bochum is using its technology to help students manage double credit course schedules. The University has engaged in a three-year contract that provides active learning technology in 14 classrooms, making it one of the largest installations of capture technology in Germany.
sweetgreen, the fast-growing organic, farm-to-table salad shop founded in Washington, D.C., today announced a $22 million investment from Revolution Growth. As part of the investment, Revolution Growth co-founder and iconic entrepreneur Steve Case will join the company’s board and act as advisor to sweetgreen’s founders, Nicolas Jammet, Jonathan Neman and Nathaniel Ru. The investment will go towards national expansion of its stores in key markets, building its team and corporate culture, and growing community programs and marketing initiatives.
AddThis today announced that according to October data from comScore, a leader in measuring the digital world, the company is ranked #1 in distributed content in the United States, reaching over 219 million users monthly. This is the first time that AddThis has been included in comScore's Distributed Content category.
The Revolution Growth fund today announced a $40 million investment in CustomInk, the web-based, market-leading custom t-shirt company for groups and occasions. The investment will support CustomInk’s rapid expansion and new growth initiatives as it approaches $200 million in annual revenues, with year over year growth of 50 percent. As part of the transaction, Ted Leonsis, co-founder of Revolution Growth, will join CustomInk’s board of directors.