Rev1 Ventures is a non-profit seed-stage venture development organization that combines investment capital and strategic services to help entrepreneurs build products people want and companies that succeed. Our seasoned, data-driven team delivers early market validation for startups, helping them lay the foundation for scalable growth with the skills to evolve their product, sell to customers and build the right team. Rev1 manages a continuum of investment support from corporate, community and innovation partners, as well as the Ohio Third Frontier. For more information, visit www.rev1ventures.com.
The John Huston Fund for Angel Professionalism
The John Huston Fund for Angel Professionalism was created by Rev1 Ventures in recognition of John Huston, founder and former leader of Ohio Tech Angel Fund (OTAF) in Columbus, Ohio. John is an international leader in the angel movement and played a ground-breaking and sustained leadership role in establishing angel investing as an accepted and powerful asset class.
This fund will support research and educational activities to promote angel investing best practices in partnership with the Angel Capital Association (ACA). John and OTAF were founding members of ACA, now a collective of 13,000+ member accredited angel investors and 240 angel groups and accredited platforms.
The initial project funded will be The American Angel, an in-depth research project to study U.S. angel investors. The study, modeled on a similar report commissioned by the United Kingdom Business Angels Association, will be directed by the ACA and conducted by a researcher at the Wharton School.
OTAF has become one of the largest and most active angel groups in the world, boasting 300+ angels and more than $14MM invested in the 50+ Ohio-based technology companies across four funds.