WASHINGTON, D.C., October 27, 2022 – Today, Revolution Growth announced that Ryan Simonetti has joined as a venture partner, serving as an advisor to the portfolio and playing a central role in the fund’s proptech work. Simonetti is the CEO of Revolution Growth-backed Convene, a leading provider of premium workday experiences with a global network of meeting venues and flexible office locations.
Since co-founding Convene in 2009, Simonetti has overseen a massive expansion to 26 locations and raised over $460M in funding. Earlier this year, the company announced strategic investments from Hudson’s Bay Company and Ares Management – catapulting Convene to the largest premium flex meeting, event, and workplace provider in North America and Europe.
“We’re thrilled to welcome Ryan to the team. He has spent close to two decades in New York working across real estate, tech, and finance and has an unmatched understanding of the markets. Ryan’s leadership scaling Convene to a global brand will offer invaluable insight to our portfolio. He is an active angel investor and mentor to entrepreneurs – making him the perfect fit for a role with Revolution Growth. With this addition, we’ll expand our proptech network and gain early access to the latest innovations happening across workplace and real estate,” said Steve Murray, managing partner of Revolution Growth.
Simonetti is also the co-founder and chairman of Ease Capital, a digital lending platform for multifamily real estate. He began his career as a real estate banking analyst in the global real estate group at Lehman Brothers, where he focused on the structuring and securitization of commercial mortgage-backed securities. Following Lehman Brothers, Simonetti joined Gramercy Capital Corp. as a vice president where he was responsible for the restructuring of a billion-dollar loan portfolio including $600 million of hospitality-related real estate investments.
He has been recognized on Commercial Observer’s inaugural Power PropTech List, Real Estate Forum’s 50 Under 40 list, Inc. Magazine’s 30 Under 30 and named as a “Top Entrepreneur” by Crain’s New York and a finalist in Ernst & Young’s Entrepreneur of the Year® New York Awards.
About Revolution Growth
Revolution Growth is a venture capital fund investing in growth-stage companies around the country that are leading disruption within their industry. Led by Steve Case, Ted Leonsis, and Steve Murray, Revolution Growth has a proven strategy of partnering with entrepreneurs to build and scale category-defining companies. Revolution Growth is headquartered in Washington, D.C. and part of Revolution’s family of funds, including Revolution Ventures and the Rise of the Rest Seed Fund. Visit us online at revolution.com/growth or @Revolution.
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