Briefing Venture

The Briefing: Biden Taps A VC For Chief Of Staff, Railsbank Raises $37M, And More

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Biden picks Ron Klain, a VC at Revolution, as chief of staff

President-elect Joe Biden named Ron Klain, an attorney and former chief of staff during his vice presidency, as White House chief of staff Wednesday. While Klain is best known for his political experience, he also brings a credential of particular interest to the startup space: He’s executive vice president and general counsel at venture and growth investor Revolution.

Co-founded by AOL1 founder Steve Case, Revolution is best known for its focus on promising startups outside the primary coastal tech hubs. The firm operates a group of  funds, including The Rise of the Rest Seed Funds, Revolution Ventures, and Revolution Growth, that taken together focus on startups across all stages.

The firm invests across a range of sectors, including supply chain and logistic challenges, healthy food, retail and consumer, digital entertainment, software and health care.

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