INSUBCONTINENT EXCLUSIVE:
Most of the venture capital firms covered in TechCrunch and other tech publications compete for a spot on the cap table of the hottest Bay
Area, New York or Los Angeles companies of the moment
the Rest Seed Fund and Revolution Growth, has evangelized its approach to backing companies in emerging markets, helping promote
Revolution Ventures, its Series A and Series B-focused outfit, has raised a $215 million third fund, almost precisely the size of
Revolution Ventures I and II, which each closed on $200 million
insurtech company Policygenius.Since Revolution launched in 2005, venture capital activity in underrepresented markets has grown
a reluctance to get on an airplane for that $3 million to $5 million check. - Revolution Ventures managing partner David GoldenVC
firms like NEA, which invests in companies across industries and stages, has made a concerted effort to tap into the Atlanta startup
ecosystem, another market that has seen considerable growth thanks to the corporations headquartered there and the network of universities
established career opportunities to retain talent, where there is a supportive angel and seed network to get folks going and where the costs
access to deals in the Bay Area, however, has priced many investors out of the most sought-after rounds
partner David Golden tells TechCrunch
Quickly realizing the untapped opportunity to reap big returns by investing in second and third-tier markets, co-founders Savage, Case and
Donn Davis formalized the strategy
