Sep 13, 2017

Eight-year-old Betaspring launched the RevUp Fund in 2014. The fund typically makes non-dilutive investments of $100,000. It’s geared toward companies generating revenue in the $300K-$1.5M range, according to Betaspring, and team and market opportunity are also among the considerations. The firm also looks to help companies grow. It has an in-house growth team that works with companies to identify avenues toward more revenue, and its management team also provides support. “Our model is complementary to the other sources of capital that already are on the ground and there’s a great sense of momentum that growth companies will continue to be an important priority,” Withers said. The RevUp Fund team members are holding by-appointment-only meetings at ETC on Sept. 14 and Betamore on Sept. 15, Withers said. Info on requesting a screening meeting is on the  firm’s website. -30- Stephen Babcock is Market Editor for Technical.ly Baltimore and Technical.ly DC. A graduate of Northeastern University, he moved to Baltimore following stints in New Orleans and Rio Arriba County, New Mexico. His work has appeared in The New York Times, Baltimore Fishbowl, NOLA Defender, NOLA.com/The Times-Picayune and the Rio Grande Sun.