Tige Savage (born September 30, 1968) is an American investor, co-founder of Revolution LLC, a principal investment firm based in Washington, D.C., and a managing partner at Revolution Ventures, which has investments in companies such as Bloomscape, BrightCellars, Casted GoodBuy Gear, Mint House, Policygenius, Sila and Wagmo. He was a key investor in LivingSocial in its founding years.[1]
Tige Savage | |
|---|---|
| Born | September 30, 1968 Boulder, Colorado, United States |
| Nationality | American |
| Alma mater | University of Michigan |
| Occupation(s) | Co-founder, Managing Partner, Investor |
Career edit
Savage was an executive at Riggs National Corporation in the mid-1990s; he simultaneously served on the board of directors of Allbritton Communications Company. From 1998 to 2000, he managed technology and media sector investments as executive vice president of Riggs Capital Partners.[2]
From 2001 to 2003, Savage managed investments in technology and media companies as vice president of Time Warner Ventures.[3]
In 2005, Savage co-founded Revolution with partners Steve Case and Donn Davis;[4] Savage leads Revolution's early-stage venture capital investing activities as managing partner of Revolution Ventures.[5]
Savage was named one of Washington, DC's “100 Top Tech Titans”[6] by Washingtonian Magazine in 2011, 2018, 2019 and 2021. In 2013 he was named Financier of the Year at the Northern Virginia Technology Council Annual Awards.[7] Savage has been interviewed by The Wall Street Journal,[8] Business Insider,[9] MIT Technology Review,[10] The Motley Fool,[11] Consumer VC and This Week in Venture Capital[12] about Revolution's investment philosophy.
Savage was credited for his role in developing LivingSocial's strategy in a profile of the company in The Washington Post.[13] In 2012, he wrote an online review of e-commerce technology platforms.[14]
Life and education edit
Savage holds a Masters in Business Administration from the University of Michigan's Ross School of Business and a Bachelor of Arts degree from James Madison University. He was born in Boulder, Colorado.[2]
Board seats edit
Savage currently holds seats on the Board of Directors of Anduin, Mint House and Place Exchange among other companies. Previous Board seats include Framebridge (acquired by Graham Holdings Co.) Homesnap (acquired by CoStar), LivingSocial (acquired by Groupon), Zipcar and Flexcar (acquired by Avis), HelloWallet[15] (acquired by MorningStar and most recently by KeyCorp[16]), OrderUp (acquired by Groupon), Booker (acquired by MindBody) and Revolution Money,[9] (acquired by American Express).[17]
References edit
- ^ Suster, Mark (13 February 2011). "Revolution Co-founder Talks Living Social, Zipcar, Steve Caes, And Groupon Super Bowl Ads". Business Insider. Retrieved 13 January 2015.
- ^ a b "Tige Savage". Revolution. Retrieved 2012-09-15.
- ^ Foster, Richard (28 January 2012). "Divine intervention 'Super angels' formalize their investments in startups". Virginia Business. Retrieved 13 January 2015.
- ^ Rusli, Evelyn M. (2011-04-04). "In Race With Groupon, LivingSocial Raises $400 Million". The New York Times.
- ^ Reeder, Robert. "Steve Case, right, meets in his District office with two of his Revolution executives". The Washington Post.
- ^ "Washington's Tech Titans | People & Politics". Washingtonian. 2009-05-01. Retrieved 2012-09-15.
- ^ "Northern Virginia Technology Council Congratulates 2013 Greater Washington Technology CFO Award Winners". nvtc.org. North Virginia Technology Council.
- ^ Savage, Tige (13 October 2013). "Savage: Live By Your Numbers". The Wall Street Journal.
- ^ a b Mark Suster (2011-02-13). "Revolution Co-founder Talks Living Social, Zipcar, Steve Case, And Groupon Super Bowl Ads - Business Insider". Articles.businessinsider.com. Archived from the original on 2013-01-19. Retrieved 2012-09-15.
- ^ Regalado, Antonio (4 November 2013). "It's All E-Commerce Now". MIT Technology Review.
- ^ Sankin, Aaron (6 April 2014). "Why Tech Startups Should Consider Abandoning Silicon Valley". The Motley Fool.
- ^ "Venture Capital - This Week in Venture Capital - Tige Savage Co Founder of Revolution". YouTube. 2011-02-10. Retrieved 2012-09-15.
- ^ Steven Overly and Thomas Heath (2011-02-24). "At IPO-ready LivingSocial, you get the deals — and it gets the riches". The Washington Post. Retrieved 2012-09-15.
- ^ "Online Services: the Next E-Commerce". Revolution. 2012-03-19. Retrieved 2012-09-15.
- ^ Revolution Team (29 May 2014). "Hello wallet Acquired by Morningstar". Revolution LLC.
- ^ "Key to acquire HelloWallet from MorningStar in latest fintech bid". Crain's Cleveland Business. 2017-05-31. Retrieved 2017-08-03.
- ^ "American Express Completes Acquisition of Revolution Money". About.americanexpress.com. 2010-01-15. Retrieved 2012-09-15.