Rise of the Rest

Revolution’s Rise of the Rest Seed Fund is an outgrowth of Revolution’s Rise of the Rest platform, a national initiative launched in 2014 to spotlight emerging startup hubs. Revolution’s Rise of the Rest Seed Fund invests in seed- and early-stage companies located outside of New York City, Silicon Valley, and Boston. By partnering with regional ecosystem leaders and co-investors, Rise of the Rest is helping to build and scale the next wave of transformational companies. The Rise of the Rest Seed Funds are backed by a group of iconic entrepreneurs and business leaders committed to the vision that the next great startups will be located outside of the coastal tech hubs.

Andy Cloyd

Vice President

Jamie Rodota

Senior Director of Strategy

Mahati Sridhar

Vice President

Past deals in Illinois

Rheaply

Funding Round in 2022
Rheaply, Inc. is a Chicago-based company founded in 2016 that offers an online platform called Asset Exchange Manager (AxM). This platform allows organizations to buy, sell, trade, donate, and rent resources, facilitating better visibility and utilization of assets. Rheaply connects a diverse array of users, including Fortune 500 companies, startups, school systems, and nonprofit organizations, enabling them to create a marketplace for resource exchange both internally and externally. The company aims to enhance resource management and promote sustainability through its innovative asset management solutions.

FactoryFix

Series A in 2022
FactoryFix is a platform based in Chicago, Illinois, that connects manufacturing companies with a network of qualified skilled workers, including engineers, machinists, and maintenance technicians. Founded in 2015, FactoryFix offers a managed marketplace that streamlines the hiring process for full-time and part-time positions, as well as contract and temporary roles. The platform not only provides access to vetted labor resources but also includes tools for generating job listings, vetting candidates, and offering salary insights. By facilitating connections between manufacturers and skilled labor, FactoryFix enhances the efficiency of workforce management in the manufacturing sector.

Foxtrot

Series C in 2022
Foxtrot is a grocery store and food delivery service based in Chicago, Illinois, with additional locations in Texas. Founded in 2013, it offers a curated selection of products, including wine, spirits, groceries, snacks, ice cream, and everyday essentials. Customers can shop through Foxtrot's mobile app or website, with the convenience of delivery typically within an hour. The company emphasizes a blend of quality products and efficient service, catering to the needs of modern consumers looking for both convenience and a diverse range of offerings.

SupplyHive

Seed Round in 2021
SupplyHive is Supplier Performance Review Software. By enabling easy input of reviews, and employing artificial intelligence, the entire SupplyHive now elevates, every time a review or rating is posted - or accessed. SupplyHive was founded by Mike Anguiano, a serial entrepreneur who worked with a few key influencers across procurement, investors, leadership, and well-known suppliers.

Foxtrot

Series B in 2021
Foxtrot is a grocery store and food delivery service based in Chicago, Illinois, with additional locations in Texas. Founded in 2013, it offers a curated selection of products, including wine, spirits, groceries, snacks, ice cream, and everyday essentials. Customers can shop through Foxtrot's mobile app or website, with the convenience of delivery typically within an hour. The company emphasizes a blend of quality products and efficient service, catering to the needs of modern consumers looking for both convenience and a diverse range of offerings.

Rheaply

Series A in 2021
Rheaply, Inc. is a Chicago-based company founded in 2016 that offers an online platform called Asset Exchange Manager (AxM). This platform allows organizations to buy, sell, trade, donate, and rent resources, facilitating better visibility and utilization of assets. Rheaply connects a diverse array of users, including Fortune 500 companies, startups, school systems, and nonprofit organizations, enabling them to create a marketplace for resource exchange both internally and externally. The company aims to enhance resource management and promote sustainability through its innovative asset management solutions.

SupplyHive

Seed Round in 2021
SupplyHive is Supplier Performance Review Software. By enabling easy input of reviews, and employing artificial intelligence, the entire SupplyHive now elevates, every time a review or rating is posted - or accessed. SupplyHive was founded by Mike Anguiano, a serial entrepreneur who worked with a few key influencers across procurement, investors, leadership, and well-known suppliers.

Dimension Inx

Venture Round in 2020
Dimension Inx Corp. designs and develops three dimensional (3D) printable material and 3D painted objects for research and commercial applications in the United States. The company provides products, such as Hyperelastic bone, 3D printable elastomeric and bioactive ceramic for bone regeneration; 3D graphene and graphite; fluffy-x, a solution for ultra-porous, mechanically elastic, soft tissue regeneration; tissue papers; and commercial medical devices. Dimension Inx Corp. was founded in 2016 and is based in Chicago, Illinois.

Bridge Money

Seed Round in 2020
Bridge is a developer of a banking platform used to help achieve financial freedom. It aims to provide a path towards upward financial mobility for the millions of people left behind by the traditional banking system. It was founded in 2018 and is headquartered in Chicago, Illinois.

FactoryFix

Venture Round in 2020
FactoryFix is a platform based in Chicago, Illinois, that connects manufacturing companies with a network of qualified skilled workers, including engineers, machinists, and maintenance technicians. Founded in 2015, FactoryFix offers a managed marketplace that streamlines the hiring process for full-time and part-time positions, as well as contract and temporary roles. The platform not only provides access to vetted labor resources but also includes tools for generating job listings, vetting candidates, and offering salary insights. By facilitating connections between manufacturers and skilled labor, FactoryFix enhances the efficiency of workforce management in the manufacturing sector.

PartySlate

Venture Round in 2020
PartySlate, Inc. operates a website for event professionals worldwide. Its platform enables users to browse, search, and save event ideas for weddings, fundraisers, mitzvahs, birthdays, milestones, holidays, corporate events, etc. posted by event professionals; and provides images from decor companies, event planners, caterers, photographers, venues, entertainers, and more. The company also connects users with event professionals. PartySlate, Inc. was incorporated in 2015 and is based in Chicago, Illinois.

Foxtrot

Series A in 2020
Foxtrot is a grocery store and food delivery service based in Chicago, Illinois, with additional locations in Texas. Founded in 2013, it offers a curated selection of products, including wine, spirits, groceries, snacks, ice cream, and everyday essentials. Customers can shop through Foxtrot's mobile app or website, with the convenience of delivery typically within an hour. The company emphasizes a blend of quality products and efficient service, catering to the needs of modern consumers looking for both convenience and a diverse range of offerings.

Mozaic

Venture Round in 2019
Mozaic operates an online workflow automation platform designed specifically for the music industry. It offers a suite of tools including Jammber Bridge, a web-based project management platform that facilitates cloud file sharing, session scheduling, product management, and contact management. Additionally, Jammber Muse allows users to share voice memos and lyrics, while Jammber Splits captures song splits in real time. The company also provides nStudio, which helps studio managers capture critical metadata during recording sessions. By digitizing payment and paperwork processes, Mozaic addresses inefficiencies that have historically led to lost payments and credits in the music business. Its technology-enabled SaaS offerings streamline project management and payment tools, thereby enhancing workflow efficiency. Furthermore, the data generated from these services supports a talent search portal that connects independent talent providers with new revenue-generating opportunities. Mozaic emphasizes the importance of maintaining a focus on artistry while keeping all relevant metadata organized in a single, accessible location.

PartySlate

Seed Round in 2019
PartySlate, Inc. operates a website for event professionals worldwide. Its platform enables users to browse, search, and save event ideas for weddings, fundraisers, mitzvahs, birthdays, milestones, holidays, corporate events, etc. posted by event professionals; and provides images from decor companies, event planners, caterers, photographers, venues, entertainers, and more. The company also connects users with event professionals. PartySlate, Inc. was incorporated in 2015 and is based in Chicago, Illinois.

The Minte

Seed Round in 2018
The Minte provides hotel-style housekeeping services, utilizing a building-centric model for staffing its housekeepers. Founded in 2017 and headquartered in Chicago, Illinois, the company allows customers to book its services conveniently through an app or by pressing a button located outside their door. This innovative approach aims to streamline the housekeeping experience, catering to the needs of busy individuals and families seeking reliable cleaning solutions.

Foxtrot

Series A in 2018
Foxtrot is a grocery store and food delivery service based in Chicago, Illinois, with additional locations in Texas. Founded in 2013, it offers a curated selection of products, including wine, spirits, groceries, snacks, ice cream, and everyday essentials. Customers can shop through Foxtrot's mobile app or website, with the convenience of delivery typically within an hour. The company emphasizes a blend of quality products and efficient service, catering to the needs of modern consumers looking for both convenience and a diverse range of offerings.

Peanut Butter

Convertible Note in 2017
Peanut Butter, Inc. operates an online platform designed to assist companies in creating, managing, and tracking loan repayment plans, with a particular focus on student loan assistance programs. By providing benefits administration services, the company enables organizations to attract and retain millennial employees through student loan benefits. Peanut Butter offers tools for managing employee student loans, including the creation of supplemental payment plans, enrollment facilitation, loan verification, payment coordination, and detailed reporting. Established in 2015 and headquartered in Chicago, Illinois, Peanut Butter aims to enhance employee engagement among college-educated talent through its innovative financial solutions.