Tige Savage

Last updated
Tige Savage
Born (1968-09-30) September 30, 1968 (age 52)
Boulder, Colorado, United States
Alma mater University of Michigan
OccupationCo-founder, Managing Partner, Investor

Tige Savage (born September 30, 1968) is an American investor, co-founder and managing partner of Revolution LLC, a principal investment firm based in Washington, D.C., which has investments in companies such as RunKeeper, Homesnap, Booker, Framebridge, Busbud, BenchPrep, and Insikt. He was a key investor in LivingSocial in its founding years. [1]



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 venture capital investing activities as managing partner of Revolution Ventures. [5]

In 2011, Savage was named one of Washington, DC's “100 Top Tech Titans” [6] by Washingtonian Magazine and 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] and This Week in Venture Capital [12] about Revolution's investment philosophy as it pertains to LivingSocial and Zipcar.

Savage was credited for his role in developing LivingSocial's strategy in a profile of the company in The Washington Post that same year. [13] In 2012, he wrote an online review of e-commerce technology platforms. [14]

Life and education

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

Savage currently holds seats on the Board of Directors of Resolute Innovation, [15] LivingSocial, [16] Booker, [17] Homesnap, OrderUp, and Framebridge among other companies. Previous Board seats include Zipcar and Flexcar (Zipcar) [18] (acquired by Avis), HelloWallet [19] (acquired by MorningStar and most recently by KeyCorp [20] ), and Revolution Money, [9] which was acquired by American Express. [21]

Related Research Articles

Steve Case Businessman and former CEO of AOL

Stephen McConnell Case is an American entrepreneur, investor, and businessman best known as the former chief executive officer and chairman of America Online (AOL). Case joined AOL's predecessor company, Quantum Computer Services, as a marketing vice-president and became CEO of the company in 1991. Since his retirement as chairman of AOL Time Warner in 2003, he has gone on to invest in early and growth-stage startups through his Washington, D.C. based venture capital firm Revolution LLC. Case authored The Third Wave: An Entrepreneur's Vision of the Future which became a New York Times bestselling book in 2016. Case gave a fireside chat at TechCrunch Disrupt NYC, on May 16, 2017, titled "Building Silicon Valley Outside of the Valley."

Benchmark is a venture capital firm based in San Francisco that provides seed money to startups.

Accel (company) Venture capital firm

Accel, formerly known as Accel Partners, is an American venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, India and China.

Revolution LLC is an American investment firm based in Washington, D.C., founded in 2005 by AOL co-founder Steve Case, after leaving the AOL Time Warner board. The firm seeks to fund entrepreneurs who are transforming legacy industries with innovative products and services, with an overarching focus on companies that are based outside of the coastal tech hubs of NYC, SF and Boston. Through the firm’s Rise of the Rest platform, it has developed a network of business and civic relationships that helps Revolution source investments and support existing companies as they seek to expand across the country. Notable investments include LivingSocial, Zipcar, DraftKings and sweetgreen.

Insight Partners American investment manager

Insight Partners is an American venture capital and private equity firm based in New York City. The firm invests in growth-stage technology, software and Internet businesses.

Institutional Venture Partners

Institutional Venture Partners (IVP) is a US-based private equity investment firm focusing on later-stage venture capital and growth equity investments. IVP is one of the oldest venture capital firms, founded in 1980.

Groupon is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 15 countries. Based in Chicago, Groupon was launched there in November 2008, launching soon after in Boston, New York City and Toronto. By October 2010, Groupon was available in 150 cities in North America and 100 cities in Europe, Asia and South America, and had 35 million registered users. By the end of March 2015, Groupon served more than 500 cities worldwide, nearly 48.1 million active customers and featured more than 425,000 active deals globally in 48 countries.


LivingSocial is an online marketplace that allows its registered users to buy and share things to do in their city. Formerly headquartered in Washington, D.C., LivingSocial had roughly 70 million members around the world in 2013. The company shrank from a peak of 4,500 employees in 2011 to about 200 in 2016. LivingSocial was purchased by Groupon in 2016.

Upserve, originally Swipely, provides a restaurant management platform which allows independent full-service restaurants to run and manage their entire business. The Platform is made up of restaurant-specific point of sale (POS) software, payments, and analytics, online ordering, loyalty, and marketing tools designed specifically for restaurants. At the center of the Upserve Platform is the cloud-based Upserve POS, a point of sale system that Upserve acquired from Groupon in 2016.

Andreessen Horowitz is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California.

Mark Suster

Mark Suster is an American entrepreneur and venture capitalist. He is a managing partner at Upfront Ventures, the largest venture capital firm in Los Angeles. Suster is a prominent blogger in the startup venture capital world.

HelloWallet is a web and mobile application for employees based in Washington, DC. and founded by former Brookings Institution scholar Matt Fellowes. It provides personalized financial guidance to members and relies on behavioral economics to incentivize workers to implement its advice.

9flats is an online marketplace enabling people to lease or rent short-term lodging. The company does not own any lodging; it is merely a broker and receives commissions from both guests and hosts in conjunction with every booking.

Matt Fellowes is an American financial technology entrepreneur. He is the founder and CEO of United Income, a retirement-focused online investment management and financial planning company based in Washington, D.C. He previously founded financial planning technology company HelloWallet, which was acquired by Morningstar, Inc. in 2014 for $52.5 million.


Lightbank is a financial organization that specializes in making venture capital investments in "disruptive" technology companies in the United States including seed investments, Series A round and late-stage investments. It combines investment with guidance and direct involvement with the companies it invests in. Unlike most such companies, it does not concentrate on Silicon Valley, but has a presence across the United States. It was founded by Brad Keywell and Eric Lefkofsky. It is headquartered in Chicago and it has made investments in companies in Chicago, New York City, Omaha and the Bay Area.

Baseline Ventures is a venture capital investment firm that focuses on seed and growth-stage investments in technology companies. The company was the first seed investor in Instagram, an early investor of Twitter and has been called "one of Silicon Valley's most successful--and smallest--investment firms" by Forbes. It is headquartered in San Francisco, California.

Uncork Capital is a venture capital firm in Palo Alto, California founded by Jeff Clavier. Considered one of the most active established seed funds in Silicon Valley, it has invested in companies such as Postmates, Eventbrite, Fitbit, SendGrid, and Survata.

Social Capital, formerly known as Social+Capital Partnership, is a venture capital firm based in Palo Alto, California. The firm specializes in technology startups, providing seed funding, venture capital and private equity.

Science Inc. is a Los Angeles-based startup studio that develops, invests in, and acquires various businesses. Science Inc. invests money and offers expertise to bring companies to profitability. In 2011, Michael Jones founded the company and is the current chief executive officer. In its early stages, Science Inc. built various tech startups internally and offered support services to early-stage startups. Jones spent time working with the companies’ CEOs and investors on strategy, growth and business development.

Upfront Ventures, formerly known as GRP Partners, is a Santa Monica-based venture capital firm that invests in early-stage technology companies. It is one of the largest venture capital firms in Los Angeles, with $2 billion in total raised funds. Since its founding in 1996, Upfront Ventures has invested in more than 200 companies, with notable exits including Ulta, Overture, PayPal Credit, TrueCar, Disney Digital Network, Kyriba, and Ring.


  1. 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.
  2. 1 2 "Tige Savage". Revolution. Retrieved 2012-09-15.
  3. Foster, Richard (28 January 2012). "Divine intervention 'Super angels' formalize their investments in startups". Virginia Business. Retrieved 13 January 2015.
  4. Rusli, Evelyn M. (2011-04-04). "In Race With Groupon, LivingSocial Raises $400 Million". The New York Times.
  5. Reeder, Robert. "Steve Case, right, meets in his District office with two of his Revolution executives". The Washington Post.
  6. "Washington's Tech Titans | People & Politics". Washingtonian. 2009-05-01. Retrieved 2012-09-15.
  7. "Northern Virginia Technology Council Congratulates 2013 Greater Washington Technology CFO Award Winners". nvtc.org. North Virginia Technology Council.
  8. Savage, Tige (13 October 2013). "Savage: Live By Your Numbers". The Wall Street Journal.
  9. 1 2 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.
  10. Regalado, Antonio (4 November 2013). "It's All E-Commerce Now". MIT Technology Review.
  11. Sankin, Aaron (6 April 2014). "Why Tech Startups Should Consider Abandoning Silicon Valley". The Motley Fool.
  12. "Venture Capital - This Week in Venture Capital - Tige Savage Co Founder of Revolution". YouTube. 2011-02-10. Retrieved 2012-09-15.
  13. 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.
  14. "Online Services: the Next E-Commerce". Revolution. 2012-03-19. Retrieved 2012-09-15.
  15. "Steve Case's Revolution backs Resolute Innovation to connect companies with R&D – TechCrunch". techcrunch.com. Retrieved 2018-03-29.
  16. "LivingSocial | CrunchBase Profile". Crunchbase.com. Retrieved 2012-09-15.
  17. "Booker - Management Profile". www.booker.com. Booker.
  18. "Tige Savage | CrunchBase Profile". Crunchbase.com. 2011-10-19. Retrieved 2012-09-15.
  19. Revolution Team (29 May 2014). "Hello wallet Acquired by Morningstar". Revolution LLC.
  20. "Key to acquire HelloWallet from MorningStar in latest fintech bid". Crain's Cleveland Business. 2017-05-31. Retrieved 2017-08-03.
  21. "American Express Completes Acquisition of Revolution Money". About.americanexpress.com. 2010-01-15. Retrieved 2012-09-15.