Revroad Capital Closes First Early Stage Fund, At $61M

▤ Summary

RevRoad Capital, a Provo, UT-based seed-stage venture firm, announced a $61m final close of its first fund. The fund’s backers included successful entrepreneurs and operators in Utah and across the country. Led by Executive Managing Director David Mann and Managing Directors Rachelle Morris, Scott Petersen and Bart Skalla, RevRoad Capital focuses on investing in founders and teams in the U.S., spanning industries such as electric vehicles, artificial intelligence, SaaS, manufacturing and more. Mann was an Amazon executive and a serial entrepreneur, who scaled and ran a 1,000+ person organization. Morris has experience as an investor and former Goldman Sachs and JP Morgan executive.

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