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Revel Systems is a technology company.
Revel Systems offers a comprehensive cloud-based point-of-sale and business management platform. It delivers integrated tools for order management, payment processing, and operational oversight, enhancing efficiency and scalability for diverse enterprises. The system enables businesses to manage front-of-house and back-of-house operations through a unified interface, providing a streamlined approach to daily operations.
Lisa Falzone and Christopher Ciabarra co-founded Revel Systems in 2010. Their insight recognized the nascent potential of tablet technology and cloud computing to modernize traditional point-of-sale systems. This led to the creation of an early, and reportedly the first, cloud-based POS solution, addressing a market need for more flexible and accessible business management tools.
The platform primarily serves restaurants and retail brands, ranging from single-location establishments to multi-enterprise organizations. Revel Systems empowers these businesses with intelligent solutions designed to adapt to evolving market demands. The company’s vision centers on continuously evolving its open cloud platform into a foundational operating system for clients, driving their growth and operational excellence.
Revel Systems has raised $131.3M across 5 funding rounds.
Revel Systems has raised $131.3M in total across 5 funding rounds.
Revel Systems is a cloud-based point-of-sale (POS) platform designed for retail and restaurant businesses, particularly those with multi-location operations. It builds customizable ecosystems integrating inventory management, customer loyalty, analytics, delivery, and payment processing to streamline front-of-house and back-of-house operations.[1][2][4] The platform serves stores and restaurants of all sizes, solving problems like order accuracy, inventory tracking, rapid scaling, and multi-channel revenue management through mobile, iPad-driven tools that enhance efficiency and customer experience.[1][3][4]
Revel's growth momentum stems from its scalable tech stack, automated updates for security, and partnerships enabling diversification, positioning it as a leader in flexible POS for expanding enterprises.[1][2]
Revel Systems was co-founded by Lisa Falzone and Christopher Ciabarra, who pioneered an iPad-based POS system combining cloud technology with Apple's mobility for quick, intuitive, and secure transactions.[2][3] The idea emerged around 2010-2012, with the release of Atlas V2 for iPad POS in February 2012, marking it as the first cloud-based POS on the market.[2][6]
Early traction included innovations like being the first U.S. iPad POS to implement EMV (chip-and-pin) processing in January 2013, alongside partnerships such as Intuit for QuickBooks POS in 2014, Apple Enterprise Mobility in 2015, and Shell Global in 2016.[2] Originally headquartered in San Francisco, California, it later moved primary operations to Atlanta, Georgia, with additional offices in Vilnius, Lithuania, and London for European sales.[2][5]
Revel rides the trend of cloud-native, mobile-first POS systems amid the shift to omnichannel retail and dining, accelerated by e-commerce growth and contactless payments post-pandemic.[1][2] Timing aligns with iPad adoption in business and EMV mandates, where Revel's early innovations like chip processing gave it a security edge in a market demanding speed and data-driven operations.[2][3]
Market forces favoring Revel include rising multi-location franchises, delivery integrations, and analytics needs, influencing the ecosystem by standardizing open APIs that enable vendor interoperability and fostering efficiency in fragmented retail/restaurant tech.[1][2][4]
Revel is poised to expand in unified commerce platforms, capitalizing on AI-driven analytics, expanded payment ecosystems, and global multi-site deployments amid franchise booms.[1][2][5] Trends like ingredient-level automation and loyalty personalization will shape its path, potentially amplifying influence through deeper enterprise integrations. As the pioneer flexible POS for growth, Revel's ecosystem approach positions it to sustain leadership in scalable retail tech.[1][6]
Revel Systems has raised $131.3M in total across 5 funding rounds.
Revel Systems's investors include Gordon Fallone, Sanjay Swani, Sean Tomlinson, Tim Tighe, Jason Krikorian, DCM.
Revel Systems has raised $131.3M across 5 funding rounds. Most recently, it raised $13.5M Series C in August 2015.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 18, 2015 | $13.5M Series C | Gordon Fallone | |
| Nov 11, 2014 | $100.0M Series C | Sanjay Swani | |
| Jun 27, 2013 | $10.1M Series B | Sean Tomlinson, Tim Tighe | |
| Feb 21, 2012 | $3.7M Other Equity | Jason Krikorian | |
| May 1, 2011 | $4.0M Series A | DCM |