Telhio Credit Union has partnered with Rev1 Ventures, a Midwest venture studio focused on SaaS, AI, deep tech and life sciences, to support growth and innovation in Ohio.
As a Rev1 Funding Partner, Telhio joined a network of more than 40 corporations focused on driving long-term impact through innovation. The role gives partners early access to emerging technologies, industry expertise and programming while supporting startups that create jobs and contribute to economic growth.
Telhio is the first credit union to participate as a funding partner. Rev1's network of more than 40 funding partners includes corporations, financial institutions, law firms, universities, health care organizations and technology companies.
Nick Biratsis, vice president of marketing at Telhio, said the partnership reflects the credit union's focus on supporting entrepreneurs and innovation in Ohio.
"Telhio has always believed that strong communities are built by supporting the people and ideas driving them forward," Biratsis said. "Partnering with Rev1 allows us to deepen our commitment to Ohio's innovation economy by connecting with the entrepreneurs and startups shaping the future. As the first credit union to join Rev1 as a Funding Partner, we're proud to help fuel the next generation of growth, jobs and opportunity across our region."
Rev1 Ventures Chief Partnerships Officer Julia Dewey agreed.
"Telhio's commitment to serving our Central Ohio community is clear," Dewey said. "Partnering amplifies both organizations' abilities to create lasting and positive impact on the region. We look forward to working with Telhio to drive startup innovation through Central Ohio and beyond."
Telhio was founded in 1934 as the credit union for the Columbus Telephone Co., which later became AT&T. It has grown into one of the largest credit unions in central Ohio, serving more than 68,000 members. The credit union operates 12 branches in Ohio and participates in almost 4,000 shared branching locations nationwide. It provides SBA lending to businesses across the state.
Rev1 Ventures is a venture studio that works with entrepreneurs and corporations to build and scale high-growth companies and prepare startups for early-stage investment. To date, it has driven $7.5 billion in startup impact, funded more than 200 companies, supported more than 1,600 startups and helped create more than 2,700 jobs.
Joyce Moed can be reached at joyce.moed@arc-network.com.
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