Now Investing: Athena Growth Fund 2025
Following a first close in August, AGF2025 will make first investments this fall.
With every end comes a new beginning!
Pleased to announce that our Athena Growth Fund 2025 is live and ready for action. Following a first close completed in August, AGF2025 will begin making investments this fall, just as deployment from our previous fund draws to a close.
Among the first to craft a successful model for investing into “unicorn-adjacent” companies, we built RevUp guided by the belief that companies overlooked by VC are a large and valuable asset class that can be well served with the right tools. We knew we could make investor profit while supporting founders across the U.S. who we and our investors are proud to support.
The stellar performance of our portfolio speaks volumes about just how right we were.
AGF2025 builds on this success and all we have learned along the way. A few highlights:
$20M, 8-year fund, with a projected IRR of 20% and 2.5X DPI.
Proven track record: previous funds produced a blended IRR of 20%+ across ~70 investments.
RevUp funds show actual cash returns quickly, a benefit passed along to investors via dividends that are distributed twice a year. Cash back to investors beginning in Year 2.
Impactful: 70%+ of RevUp investments are C-Suite diverse, 60% located outside top metros, and more than half have SEG impact metrics embedded into their core DNA.
Strong management: Led by Melissa Withers and Allan Tear, who share a decade plus experience across 120+ investments.
Fund 2025 marks a special full circle moment for the team, as former several RevUp founders join as LPs. (read a personal note from Melissa on this truly epic moment)
A second close in December will be the last opportunity for investors to join without catch-up penalty.
Expanding the tool kit for early-stage is one of the most powerful ways to unlock the full potential of American entrepreneurship—a belief that lies at the core of RevUp's mission, past, present and future. We are grateful to the investors and founders who share this belief and for all they’ve done to make the RevUp dream a reality.
Want to learn more about the kinds of companies we deigned RevUp for? Melissa recently made a quick video that dives into the untapped economic upsides of investing beyond unicorns. Take a scan: https://www.revupfund.com/blog/the-upsides-of-investing-beyond-unicorns
Accredited investors can request more information here.
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About Our Companies
Since 2016, RevUp has used its pioneering, non-dilutive model to invest into a broad spectrum of companies. Prioritizing strong operators over VC-darlings, RevUp focuses investment on companies that are ascending the $1M to $10M growth curve. We know from experience—and the stellar performance of our portfolio—that this curve can be conquered with the right resources.
RevUp invests into companies with revenue traction, a solid growth rate, and a strong team. Our companies are:
In market, selling, and ready to grow to $10-15M in revenue in the next 3-5 years.
Producing $500K - $3M in annual revenue with credible core business economics.
On path toward profitability. Burning isn't “bad,” and there's nothing wrong with investing into growth. But getting your company to a place where you can hold your own is a good place to be.
Our typical investment is $350K-$500K and we invest before, after, and adjacent to other forms of capital. For a quick scan of how we select companies for investment / to learn more about our approach go here: https://www.revupfund.com/founders
Scan a list of our recent investments here https://www.revupfund.com/blog/redcarpet-rollout
For more information, drop us a line at info@revupfund.com
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