Revelo has raised $33.8M in total across 3 funding rounds.
Revelo's investors include Dalus Capital, Firework Ventures, FJ Labs, Lupa Capital, Valar Ventures, Valor Capital Group, Felix Ruiz Hernandez, Hugo Arevalo, Paco Ávila Romero.
Revelo is a technology platform that connects U.S. companies with pre-vetted remote software developers from Latin America, handling sourcing, hiring, payroll, benefits, taxes, and compliance.[1][3][5] It serves growing businesses needing to scale engineering teams quickly and cost-effectively, solving the talent shortage for AI/ML specialists and other tech roles by tapping into a network of over 400,000 vetted engineers, with average hiring times of 14 days and 30-50% savings over U.S. hires.[1][5] The platform offers full-time hires, full teams, human data for LLMs (like RLHF and SFT), and end-to-end software development, positioning it as an all-in-one solution amid surging demand for nearshore talent.[1][5]
Founded in 2015 and headquartered in Miami, Florida, Revelo (formerly Contratado) has raised $19.6M in funding, employs around 363 people, and generates approximately $41.6M in revenue.[3][4] Recent growth includes multiple acquisitions, such as Alto, Paretisa in May 2025, and Listopro, enhancing its AI-powered matching and talent access.[1][3]
Revelo was founded in 2015 by Lucas Mendes (CEO and co-founder) and his team, initially as Contratado, to address the challenge of sourcing high-quality remote tech talent from Latin America for U.S. companies.[1][3][4] Mendes and the founders recognized the untapped potential of LatAm engineers—skilled, English-proficient, and in overlapping time zones—amid U.S. talent shortages, evolving the platform from basic recruitment to a full-service solution managing compliance and payroll.[1][5] Early traction came from connecting companies with screened developers, leading to expansions like AI matching tools and acquisitions; by 2025, it had grown into the largest such platform with 300,000-400,000 vetted professionals.[1][3][5]
Pivotal moments include rebranding from Contratado and a series of acquisitions—its fifth in 30 months by May 2025—solidifying its role in the AI talent boom.[1][3]
(Note: Revelo Software at revelosoftware.com is a distinct entity focused on data analytics tools, unrelated to this talent platform.[2])
Revelo rides the wave of remote and nearshore talent demand, fueled by AI/LLM engineering shortages, with U.S. businesses facing unprecedented needs for specialized developers.[1][3] Its timing aligns with post-2023 AI hype, where LatAm's growing tech ecosystem—cost-effective, timezone-aligned, and vetted for quality—counters U.S. hiring constraints like high costs and competition from Big Tech.[1][5] Market forces like remote work normalization and AI scaling (e.g., needing RLHF data) favor Revelo, as acquisitions expand its network amid a talent crunch.[1][3]
It influences the ecosystem by democratizing access to elite LatAm talent, enabling startups and enterprises to build AI products faster, reducing barriers to global hiring, and fostering U.S.-LatAm tech bridges.[1][5]
Revelo is poised to dominate as the go-to backbone for AI-era talent, with ongoing acquisitions and AI enhancements driving further network growth beyond 400,000 developers.[1] Trends like exploding LLM demand, RLHF needs, and hybrid remote models will propel it, potentially expanding into more regions or verticals like enterprise AI teams. Its influence may evolve from staffing provider to full ecosystem enabler, powering U.S. innovation via LatAm scale—watch for more M&A and deeper LLM integrations to sustain momentum in a talent-starved landscape.[1][3][5] This cements Revelo's role as the efficient bridge solving yesterday's hiring pains for tomorrow's AI breakthroughs.
Revelo has raised $33.8M across 3 funding rounds. Most recently, it raised $28.0M Series B in September 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2021 | $28.0M Series B | Dalus Capital, Firework Ventures, FJ Labs, Lupa Capital, Valar Ventures, Valor Capital Group, Felix Ruiz Hernandez, Hugo Arevalo, Paco Ávila Romero | |
| Oct 1, 2017 | $5.0M Series A | Firework Ventures, Valar Ventures, Valor Capital Group | |
| Jul 1, 2015 | $800K Seed | Lupa Capital |
