Revel, a command and control software platform for hardware development, testing, and operations, has raised $150M in Series B funding led by Index Ventures. The platform unifies the hardware lifecycle from prototype to production using real-time telemetry, automated configuration, RevelCode—a safe hardware control language—and interactive dashboards. The capital will expand operations from aerospace testing into industrial controls across energy, defense, and manufacturing.
Stealth Exit Powers One-Year Surge
Revel emerged from stealth in April 2024 with $30M funding, reaching $180M total raised in under a year. Dozens of customer deployments followed, including Impulse Space running 80+ instances. All pilots have converted to paid customers, signaling strong product-market fit in high-stakes hardware sectors.
Fragmented Tools Slow Hardware Cycles
Hardware engineers face weeks of setup time for testing rigs, often 14 days per configuration. Manual processes limit testing frequency to weekly cycles, raising risks of failures like explosions in rockets or reactors. Legacy tools lack unified telemetry and safe coding, bottlenecking development in aerospace and energy.
RevelCode Enables Safe Automation
Revel's platform integrates telemetry, alerts, and data export with RevelCode, a compiled language that prevents runtime errors in hardware control. Customers report 5-10x faster development, shrinking 14-day setups to 8 hours and enabling daily testing. Unlike fragmented scripting, RevelTest automates infrastructure for reliable iterations.
Unified Dashboards Boost Reliability
Interactive dashboards provide real-time oversight, reducing operational risks in production environments. For instance, teams deploy configurations automatically across fleets. This end-to-end approach serves both startups like Impulse Space and legacy operators in nuclear and oil & gas.
Index Leads Growth-Stage Bet
Index Ventures led the $150M round, joined by Redpoint Ventures, Thrive Capital, Felicis, and Abstract Ventures. The investor mix signals conviction in software layers for hardware amid U.S. industrial resurgence. Total funding supports scaling engineering teams now at 28 members, up from 18 months prior.
Ex-SpaceX Team Brings Credibility
Founder Scott Morton assembled a team from SpaceX, Anduril, and Palantir. Their experience in mission-critical systems differentiates Revel in preventing hardware failures. This pedigree accelerates adoption among defense and aerospace customers.
Critical Sectors Fuel Expansion
Revel targets aerospace (rockets, eVTOL), energy (nuclear, oil & gas), defense, data centers, and biomedical manufacturing. Deployments span disruptive startups and incumbents, with market pull evident in full pilot conversion rates. The platform modernizes workflows as hardware complexity rises in these $100B+ sectors.
Industrial Control Horizons Beckon
Post-funding, Revel plans geographic and sectoral expansion into water treatment and advanced manufacturing. With proven aerospace traction, the company eyes 10x deployment growth via new hires in engineering and sales.