Revel announced a $150 million Series B funding round led by Index Ventures with participation from Redpoint Ventures and returning investors including Thrive Capital, Felicis, and Abstract Ventures.
Founded just over a year ago, Revel is building a modern software platform for hardware testing and control, initially focused on aerospace applications. The company says its platform has reduced engine test-stand setup times from 14 days to 8 hours, enabling significantly faster and more frequent testing cycles. While Revel began with rocket test stands, demand has expanded across critical infrastructure sectors facing increasingly complex challenges in hardware control.
Revel’s platform is designed to deliver real-time telemetry, hardware-agnostic control, safe command execution, and rapid reconfiguration. The company is now broadening its reach beyond test infrastructure into industrial control applications across energy, manufacturing, defense, and biomedical systems.
The company plans to use the new funding to scale its team and expand its product capabilities as it supports customers building and operating high-consequence hardware systems. Revel’s leadership team includes engineers with experience at SpaceX, Anduril, and Palantir, and the company is actively hiring to support its next phase of growth.
KEY QUOTE:
“Over the last decade, we’ve seen extraordinary breakthroughs in rockets, aviation, energy, and advanced manufacturing. The software infrastructure? Decades behind. I founded Revel to build a modern platform for hardware testing and control, purpose-built for high-consequence environments where reliability and safety are non-negotiable.” “This funding gives us the resources to go full throttle—scaling Revel with the intensity and ambition this moment demands.” “As America rebuilds industrial capability across aerospace, energy, and manufacturing, Revel will become core infrastructure for how critical hardware gets tested and controlled.”
Company statement
