Venture Capital

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REV Venture Partners

REV is a global venture capital partnership backed by RELX Group. Its mission is to help build companies that transform their markets through artificial...

REV Venture Partners logo

REV Venture Partners

REV is a global venture capital partnership backed by RELX Group. Its mission is to help build companies that transform their markets through artificial intelligence, data and analytics. Founded in 2000, it has been an early investor in category leaders such as Palantir, Recorded Future and Harvey, and is active across major western venture hubs with its largest portfolio cluster in California.

General information

Firm type

Venture Capital

Year founded

2000

Location

Region

Europe

Country

United Kingdom

City

London

Corporate office

London, United Kingdom

Principals

Tony Askew

Co-founding Partner

Kevin Brown

Co-founding Partner

Daven Patel

Investment Analyst

Sector focus

AI/MLEnterprise SoftwareDigital HealthLegalTechEdTechAgriTech & FoodTechCybersecurityFinTechInsurTechMedia & Entertainment

Frequently asked questions

Who runs investment decisions at REV Venture Partners?

Co-founding partners Tony Askew and Kevin Brown jointly lead investment decisions, each managing distinct board and portfolio responsibilities. Askew oversees positions including CreativeLive, EdCast, and LegalMation; Brown managed the firm’s investment in Palantir and sits on the boards of Mode Analytics and Sixgill. There is no external investment committee—the partnership structure concentrates authority in the two co-founders.

How does REV source proprietary deal flow?

REV’s sourcing benefits from its position inside RELX Group, whose data businesses—LexisNexis, Elsevier, Cirium—generate proprietary information signals across legal, scientific, and risk markets. The firm uses that parent-company intelligence to identify companies applying AI to large, structured industry datasets. Additionally, co-founders Askew and Brown have operated in European and US venture networks since the late 1990s, first through the SOFTBANK/News Corporation eVentures fund and subsequently via REV’s two decades of board-level relationships.

Is REV structured as a traditional venture capital firm or a corporate venture arm?

REV operates as a captive venture capital partnership within RELX Group, a FTSE 100 information and analytics company. Unlike a conventional corporate venture arm, REV was founded with an independent partnership governance model and has maintained that structure for over two decades. It does not report into a corporate development function and makes investment decisions without requiring parent-company business-unit approval, though it can draw on RELX’s balance sheet and data assets.

What investment stages does REV typically target?

REV targets early- and mid-stage rounds as its primary focus, leading deals and taking active board seats. Initial investment checks range from $1 million to $10 million. The firm will also invest at much later stages as a follower or board observer for select opportunities, such as pre-IPO or growth rounds where it already holds a relationship or unique data advantage.

Where does the underlying capital come from?

REV is backed by RELX Group, a publicly traded London-headquartered analytics and publishing conglomerate with 2024 revenue of roughly £9 billion. RELX provides the firm’s investment capital, meaning REV does not raise funds from external limited partners. This single-LP structure eliminates fundraising pressure and allows the partnership to hold investments through extended technical and market development cycles.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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