RevRoad explains that their platform provides growing companies with what they really need, which includes everything from a starter team to business services.
RevRoad says that they are a venture services firm that helps portfolio companies grow “with a team and essential services for up to 2 years.”
RevRoad claims that 9 in 10 innovations / startups fail in the marketplace. At RevRoad, they believe that they can make a difference.
The firm says they “accept 3–4 Roadie companies to work with every quarter, and they work side-by-side with them for two years.” Along the way, RevRoad provides them with everything they need such as “a mentor who has been in their shoes, key service deliverables, and sweet office space in downtown Provo.”
Because RevRoad accept equity instead of cash, they claim that they’re “fully invested in helping their Roadies succeed.”
During this past month, RevRoad introduced Kristine Widtfeldt, their newly appointed Chief Marketing Officer.
Kristine is said to bring “a unique blend of strategic vision and hands-on productivity to the table.”
With a track record of 4 exits under her belt, Kristine is not just a CMO, she’s an advocate “for entrepreneurs and exudes perfection in every detail.”
She brings a vibrant enthusiasm to everything she does.
Kristine is looking forward to embarking on this new chapter with RevRoad and dive into the heart of action – working closely with their portfolio companies.
Her passion for strategy is set to support their portfolio companies to new heights, “ensuring their marketing goals are not only met but exceeded.”
RevRoad’s management further notes that they help companies on a deeper level, “offering tangible services regardless of their stage of development.”
At RevRoad, portfolio companies are the client companies they bring on board.
These entrepreneurs aim to “bring their great ideas — their secret sauce — and they help them grow strong, grow well, and grow quickly.” They negotiate an equity exchange “for the value they offer through their 12 service departments.”
Their goal is to achieve the financial results their portfolio companies desire, “whether that’s sustainable growth, ongoing distributions, a sale of their company, an IPO, or some other harvest event.”
For a list of RevRoad’s portfolio companies, check here.