Supported by the Black Star Fund, Reviver Becomes Presenting Partner of the Capitalize: Technology Competition, Official Innovation Partner, and Exclusive Digital License Plate of the Team 

Sacramento, Calif. —Today, ahead of the Sacramento Kings home opener, the team and Reviver, the world’s first digital license plate and connected vehicle platform, announced a multi-year jersey patch partnership. Starting this season, the Reviver logo will appear on the left front strap of player jerseys. Reviver, supported by the Black Star Fund, a Black-led venture capital firm based in Sacramento, also becomes an official innovation partner of the Kings and Golden 1 Center, a presenting partner of Capitalize: Technology and the exclusive digital license plate of the Sacramento Kings.

Kings and Reviver Partnership Makes History as First NBA Patch from a Black Founded Technology Company: watch the video!

“This jersey patch partnership with Reviver continues the Kings long tradition of using our global platform to promote innovation and technology,” said Sacramento Kings Owner and Chairman Vivek Ranadivé. “It’s particularly exciting to showcase a homegrown company that was part of our Kings Capitalize program. This is just the beginning of our work together, and we look forward to helping Reviver in its mission to modernize the driving experience.”

“Teaming up with the Sacramento Kings as patch partner is an incredible opportunity for Reviver to champion innovation and diversity in technology,” said Reviver Founder and Chief Strategy Officer Neville Boston. “Both Reviver and the Kings share a forward-thinking mindset, constantly pushing the boundaries in our respective industries. This partnership allows us to amplify our brand nationally and highlight the importance of tech-driven solutions that reflect the diverse and dynamic communities we serve. Together, we’re proud to represent Sacramento’s future and its leadership in innovation.”

“As an investment firm dedicated to hands-on business development to drive growth, we couldn’t be prouder to support our portfolio company, Reviver, and to have helped secure this ground-breaking partnership with the Sacramento Kings,” said Black Star Fund Founding Managing Partner Kwame Anku. “This partnership is a testament to the power of collaboration, bringing together Sacramento-based businesses across multiple industries, all aligned in a shared mission to drive economic growth while supporting our vibrant community.”

This partnership establishes Reviver as the first Black-founded technology jersey patch partner among the NBA. Through this collaboration, Reviver will be the presenting partner of the Kings Capitalize: Technology competition, which was launched in 2016 as the NBA’s first crowdsourced startup competition. In 2019, Reviver was a contestant in the fourth annual Capitalize: Technology competition, where founder Neville Boston was introduced to Kwame Anku the Founding Managing Partner and Chief Investment Officer of Black Star Fund. Over the years, the two have continued to work together bringing Reviver to full production.

Headquartered locally in Granite Bay, California, Reviver was born from a vision to modernize and streamline the vehicle registration renewal process. Reviver transforms the conventional license plate into a forward-looking connected vehicle. Reviver’s RPLATE provides consumers with a battery-powered digital license plate for ease of use, while commercial businesses have a hard-wired solution tailored for efficient fleet management, both accessible via a mobile or web app. Reviver’s digital license plates are currently legal for sale and DMV registration in California and Arizona with additional states currently in various stages of adoption.

Through this partnership, the Kings and Reviver, backed by the Black Star Fund, will invest in the Sacramento community to advance technology and innovation in the region. Reviver will also support the Sacramento Kings community and diversity, equity and inclusion initiatives.

For more information, visit Kings.com.

ABOUT REVIVER
Reviver™ is a technology company on a mission to modernize the driving experience. As developer of the world’s first digital license plate platform, Reviver products transform the license plate into a connected vehicle platform, enabling consumers and commercial businesses to digitize vehicle registration renewals and experience a growing set of personalization, convenience, and safety features, all managed through a mobile or web app interface. Reviver’s digital license plates are legal for sale in Arizona and California, along with Texas for commercial fleet vehicles. Ten additional states are in various stages of adoption. Founded in 2009, Reviver is headquartered in Northern California. To purchase an RPLATE click here. To learn more about the RPLATE, click here.

ABOUT BLACK STAR FUND
Founded in 2019, Black Star Fund is a Sacramento-based venture capital fund focused on cultivating founders and their companies through extensive portfolio support and guidance to drive acceleration. To date, Black Star has invested in over 20 portfolio companies spanning consumer products, apparel, healthcare, metaverse and blockchain, SaaS and technology, and media and entertainment—each sharing a vision of using enterprise to create a world that is more abundant, balanced, and productive. For more information, visit www.blackstar.fund.

The Sacramento Kings originally published this press release on October 24, 2024.