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HomeFundingRevel Raises in $150M Series B Funding

Revel Raises in $150M Series B Funding

Revel, a Los Angeles, CA-based provider of a software platform for hardware test and control, has raised $150 million in a Series B funding round led by Index Ventures.

The round also saw participation from Redpoint Ventures, Capital, Felicis, Abstract Ventures, and Dylan Field.

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The company plans to use the funds to grow its team, continue developing its product, and expand into new markets.

Revel is a unified software platform for hardware testing and control. It lets teams visually set up hardware systems, monitor live data, and safely send commands in real time. Revel’s programming language, RevelCode, uses Python-like syntax with precise, predictable, and debuggable execution for high-risk environments. The platform speeds up testing, reduces costly errors, and supports the hardware systems that keep critical industries running.

Revel is quickly gaining momentum by working with top innovators such as Impulse Space, Radiant Nuclear, and Astro Mechanica in aerospace, defense, and advanced energy. As demand grows for safe, software-driven hardware systems, the company is expanding into more industrial control applications and broadening its presence in next-generation mission-critical infrastructure.

From rockets and propulsion systems to advanced robotics and nuclear energy infrastructure, today’s most complex hardware systems are increasingly autonomous and software-driven. However, much of the software used to test, validate, and command these systems was built decades ago — before modern collaboration workflows, deterministic execution, and real-time observability became standard in software engineering.

“I spent ten years building and running systems where reliability was critical,” said Scott Morton, founder and CEO of Revel. “Testing and control are key to developing and operating complex hardware, but the tools haven’t kept up. We created Revel to give engineers trusted infrastructure from prototype to production.”

“We believe hardware is entering a new era—more autonomous, software-driven, and complex than ever,” said Nina Achadjian, Partner at Index Ventures, who led the round and joined Revel’s board. “But the software infrastructure hasn’t kept up. Scott has rare experience managing systems at the highest levels of reliability and scale. By modernizing this foundation, Revel could redefine how complex hardware is built and operated.”

About Revel

Founded by CEO Scott Morton, Revel is a unified software platform for hardware testing and control. Built by engineers from SpaceX, Anduril, and Palantir, Revel helps teams in aerospace, defense, robotics and advanced energy develop, deploy and monitor complex systems faster, safer, and more reliably. By modernizing the testing and control layer, Revel is creating the foundational software for next-generation hardware.

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