RevTech Labs Foundation Market Research Report

Background

Overview

RevTech Labs Foundation is a 501(c)(3) nonprofit organization headquartered in Charlotte, North Carolina. Established in 2020, the Foundation is dedicated to supporting high-potential startups in the fintech, insurtech, and healthtech sectors through its bi-annual accelerator programs. These programs are designed to provide post-revenue, post-growth startups with customized roadmaps, mentorship, and connections to industry leaders and subject-matter experts. The Foundation's mission is to assemble a stage of globally diverse voices from different backgrounds, races, and genders to help revolutionize these industries.

Mission and Vision

The Foundation's mission is to create broad networks of support for high-potential startups by offering bi-annual hybrid accelerator programs for post-revenue fintech and insurtech startups worldwide. By working with founders on customized roadmaps and connecting them to industry leaders and subject-matter experts, the Foundation aims to assemble a stage of globally diverse voices to revolutionize fintech, insurtech, and healthtech.

Primary Area of Focus

The Foundation focuses on accelerating startups in the fintech, insurtech, and healthtech sectors. Through its accelerator programs, it provides these startups with the necessary resources, mentorship, and connections to scale their operations and achieve success in their respective markets.

Industry Significance

RevTech Labs Foundation plays a pivotal role in fostering innovation within the fintech, insurtech, and healthtech industries. By supporting startups in these sectors, the Foundation contributes to the advancement of financial services, insurance technologies, and healthcare solutions, thereby driving economic growth and technological progress.

Key Strategic Focus

Core Objectives

Accelerator Programs: The Foundation runs a 12-week hybrid accelerator program twice a year, tailored to post-revenue, post-growth fintech and insurtech companies.

Mentorship and Networking: Connecting startups with industry leaders, subject-matter experts, and a network of over 500 SME mentors to provide guidance and support.

Diversity and Inclusion: Prioritizing support for traditionally underrepresented founders, with over 53% of startups being founders of color or female founders.

Specific Areas of Specialization

Fintech and Insurtech: Providing specialized support to startups in the financial technology and insurance technology sectors.

Healthtech: Expanding support to health technology startups to foster innovation in healthcare solutions.

Key Technologies Utilized

The Foundation leverages a hybrid program model that combines virtual and in-person interactions, utilizing digital platforms for mentorship, workshops, and networking events. This approach ensures flexibility and accessibility for startups worldwide.

Primary Markets or Conditions Targeted

The Foundation targets global markets, focusing on startups that have achieved post-revenue and post-growth stages, aiming to scale their operations and impact within the fintech, insurtech, and healthtech industries.

Financials and Funding

Total Funds Raised

As of the latest available data, RevTech Labs Foundation reported total revenues of $952,201 for the fiscal year ending December 1, 2024.

Recent Funding Rounds

Specific details regarding recent funding rounds are not publicly disclosed. However, the Foundation has established strategic partnerships with various corporate sponsors and investors to support its accelerator programs and initiatives.

Notable Investors

While individual investors are not publicly listed, the Foundation collaborates with a network of over 400 venture capital firm partners, providing startups with access to significant funding opportunities.

Intended Utilization of Capital

The capital raised is primarily utilized to fund the accelerator programs, including operational costs, mentorship resources, and event organization. Additionally, the Foundation invests in initiatives that promote diversity and inclusion within the startup ecosystem.

Pipeline Development

Key Pipeline Candidates

The Foundation's accelerator programs have supported numerous startups across various cohorts. For instance, the 22nd cohort, announced in March 2025, includes 14 startups from around the world, with 57% having a Traditionally Underrepresented (TURF) founder on their team.

Stages of Clinical Trials or Product Development

As a nonprofit accelerator, the Foundation does not engage in clinical trials or direct product development. Instead, it focuses on providing startups with the resources and support needed to advance their products and services in the market.

Target Conditions

The Foundation targets startups addressing challenges and opportunities within the fintech, insurtech, and healthtech sectors, aiming to drive innovation and improve outcomes in these industries.

Relevant Timelines for Anticipated Milestones

Each accelerator cohort culminates in a final pitch event, such as the Fintech + Insurtech Generations conference, where startups present their progress and innovations to a broader audience. For example, the 22nd cohort is scheduled to graduate after completing a final pitch on June 11-12, 2025.

Technological Platform and Innovation

Proprietary Technologies

The Foundation employs a hybrid program model that integrates virtual and in-person components, utilizing digital platforms for mentorship, workshops, and networking events. This approach ensures flexibility and accessibility for startups worldwide.

Significant Scientific Methods

While the Foundation does not engage in scientific research, it applies data-driven methodologies to assess startup progress, mentor effectiveness, and program impact, ensuring continuous improvement and relevance in its offerings.

AI-Driven Capabilities

The Foundation incorporates AI-driven tools to enhance program delivery, such as using machine learning algorithms to match startups with suitable mentors and resources, thereby optimizing the support provided to each participant.

Leadership Team

Key Executive Profiles

Sara Garces Roselli: Co-Founder and Managing Director. Sara has been instrumental in establishing RevTech Labs as a leading accelerator, focusing on supporting underrepresented founders in the fintech and insurtech sectors.

Dan Roselli: Co-Founder and Managing Director. Dan has played a pivotal role in expanding RevTech Labs' reach and impact, fostering partnerships with corporate sponsors and investors to support the Foundation's mission.

Leadership Changes

As of the latest available information, there have been no significant changes or appointments within the Foundation's leadership team.

Competitor Profile

Market Insights and Dynamics

The startup accelerator market, particularly within the fintech and insurtech sectors, is highly competitive, with numerous organizations vying to support emerging companies. Key competitors include Techstars, Y Combinator, and 500 Startups, each offering unique value propositions and resources to startups.

Competitor Analysis

Techstars: A global accelerator with a broad focus across various industries, providing mentorship, funding, and a vast network to startups.

Y Combinator: One of the most renowned accelerators, offering seed funding, mentorship, and a strong alumni network to early-stage companies.

500 Startups: A global venture capital firm and accelerator program that invests in early-stage companies across multiple sectors, providing funding and growth support.

Strategic Collaborations and Partnerships

RevTech Labs Foundation has established strategic partnerships with various corporate sponsors and investors, including AIG, Grasshopper Bank, The Hartford, and Fifth Third Bank. These collaborations enhance the resources and opportunities available to startups within the accelerator program.

Operational Insights

The Foundation differentiates itself by focusing specifically on fintech and insurtech sectors, with a strong emphasis on supporting traditionally underrepresented founders. Its hybrid program model offers flexibility and accessibility, catering to a global audience of startups.

Strategic Opportunities and Future Directions

The Foundation aims to expand its impact by increasing the number of startups supported in each cohort, enhancing mentorship resources, and strengthening its network of corporate partners and investors. Additionally, it seeks to further promote diversity and inclusion within the startup ecosystem, ensuring a broad representation of voices and perspectives.