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Revel Systems is an acquired company based in Atlanta (United States), founded in 2010 by Lisa Falzone and Christopher Ciabarra. It operates as a Cloud-based point of sale solution for restaurants. Revel Systems has raised $204M in funding from investors like Welsh, Carson, Anderson & Stowe, Rothenberg Ventures and DCM Ventures. The company has 2728 active competitors, including 182 funded and 97 that have exited. Its top competitors include companies like Toast, SpotOn and Olo.
Company Details
Cloud-based point of sale solution for restaurants. Features includes payment processing, back-end personnel scheduling, payroll, inventory management, comprehensive product/menu management, reporting, and more. The company offers solutions on the subscription-based policy. It also offers solutions for bars and retail stores.
- Website
- revelsystems.com
- Social
- Email ID
- *****@revelsystems.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2010
Location
Atlanta, United States
Stage
Acquired
Total Funding
$204M in 10 rounds
Latest Funding Round
Investors
Ranked
3rd among 2728 active competitors
Employee Count
259 as on Dec 31, 2022
Investment & Acquisitions
Exit Details
Acquired by Shift4 (May 10, 2024)
Legal entities associated with Revel Systems
Revel Systems is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Apr 05, 2017 | - | - | - | |
Dec 31, 2009 | - | 259 (as on Dec 31, 2022) | - |
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Revel Systems's acquisition details
Revel Systems got acquired by Shift4 on May 10, 2024 at an acquisition amount of $250M. It was facilitated by Chiesa Shahinian & Giantomasi.
Click here to take a look at Revel Systems's acquisition in detail
Revel Systems's funding and investors
Filter this listRevel Systems has raised a total funding of $204M over 10 rounds. Its first funding round was on May 24, 2011. Its latest funding round was a Series E round on Jan 20, 2021 for $15.3M. 1 investor participated in its latest round, lead by Welsh, Carson, Anderson & Stowe.
Revel Systems has 9 institutional investors including Welsh, Carson, Anderson & Stowe, Rothenberg Ventures and DCM Ventures. Sean Tomlinson and 1 other are Angel Investors in Revel Systems.
Here is the list of recent funding rounds of Revel Systems:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jan 20, 2021 | $15.3M | Series E | 4538776 | 3902056 | |
Jan 08, 2019 | $20.8M | Series E | 8394554 | 7660544 | - |
Jul 02, 2018 | $5.3M | Series D | 6190033 | 1190402 | - |
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Revel Systems' founders and board of directors
Founder? Claim ProfileThe founders of Revel Systems are Lisa Falzone and Christopher Ciabarra. Gregory Dukat is the CEO of Revel Systems.
Here are the details of Revel Systems' key team members:
- Lisa Falzone: Former Co-Founder & CEO of Revel Systems.
- Christopher Ciabarra: Former Co-Founder & CTO of Revel Systems and founder of 1 other company.
View details of Revel Systems's Founder profiles and Board Members
Revel Systems' employee count trend
Revel Systems has 259 employees as of Dec 22. The total employee count is 6.0% more than what it was in Dec 21. Here is Revel Systems's employee count trend over the years:Uncover Revel Systems' growth story! Sign up today!Access Tracxn on any website
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Revel Systems's Competitors and alternates
Top competitors of Revel Systems include Toast, SpotOn and Olo. Here is the list of Top 10 competitors of Revel Systems, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Toast 2011, Boston (United States), Public | Platform offering multiple restaurant operations management solution | $900M | 81/100 | |
2nd | SpotOn 1999, San Francisco (United States), Series F | Provider of cloud-based POS software solutions for businesses and service providers | $900M | 75/100 | |
3rd | Revel Systems 2010, Atlanta (United States), Acquired | Cloud-based point of sale solution for restaurants | $204M | 73/100 | |
4th | Olo 2005, New York City (United States), Public | SaaS-based digital ordering and delivery platform for restaurant brands | $73.6M | 72/100 | |
5th | Provider of software suite for restaurant management | $11M | 66/100 | ||
6th | Tillster 2006, San Diego (United States), Series C | SaaS-based online ordering, marketing and analytics solution for restaurant | $87.3M | 66/100 | |
7th | Zenput 2011, San Francisco (United States), Acquired | Platform offering software for mobile sales data collection | $47M | 66/100 | |
8th | TouchBistro 2010, Toronto (Canada), Series E | Provider of SaaS based software solutions for restaurants | $321M | 65/100 | |
9th | Odeko 2019, New York City (United States), Series E | Provider of online ordering solution for coffee businesses | $296M | 63/100 | |
10th | MarginEdge 2015, Arlington (United States), Series C | SaaS based restaurant management system | $83.2M | 62/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Revel Systems's competitors? Click here to see the top ones
Revel Systems's Investments and acquisitions
Revel Systems has acquired iqPOSitive. Revel Systems has not made any investments as of now.
Reports related to Revel Systems
Here is the latest report on Revel Systems's sector:
News related to Revel Systems
Filter this listMedia has covered Revel Systems for a total of 2 events in the last 1 year, 1 of them has been about company updates.
•
Revel to install 24 EV fast chargers at JFK airportTechCrunch+•Dec 04, 2024•Revel Systems, Jfkairport
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Payment processor Shift4 to acquire Revel Systems for $250Mrestaurantbusinessonline.com•Jun 14, 2024•Revel Systems, Shift4, Vectron Systems
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Black Rock Coffee Bar Implements Revel POS Platform to Transform In-Store OperationsHospitalitytech•Apr 17, 2024•Revel Systems, Black Rock Coffee Bar
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Lazeez Shawarma Selects the Revel POS Platform to Facilitate Rapid Growth from 50 to 225 LocationsPRWeb•Feb 20, 2024•Revel Systems, Lazeezshawarma
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America's Leading and Largest Iced Tea Franchise, HTeaO Expands Agreement with Revel Systems® to 350 LocationsPRWeb•Oct 18, 2023•HTeaO, Revel Systems
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Spanish Company Revel Received an Investment of 115 Million EurosStartupTeknoloji•Sep 15, 2023•KKR, Santander Consumer, Revel Systems, REVEL and 1 other
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Car subscription service Revel raises $123M in equity and debtAIM Group•Sep 15, 2023•Revel Systems, Santander Consumer, KKR
•
CardFlight Appoints Brian Butts Chief Technology OfficerPRWeb•Jun 06, 2023•Cardflight, Revel Systems
•
Revel Systems® and IPORT Join Forces to Elevate In-Store Experience with Point of Sale HardwarePRWeb•May 16, 2023•Revel Systems, IPORT Products
•
Another Broken Egg Cafe® Successfully Implements Revel Enterprise® Across All Company-Owned LocationsPRWeb•Sep 19, 2022•Revel Systems
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