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Revel Systems

“Can a vertically integrated iPad POS platform for restaurants and retail capture the full financial operating stack — payments, payroll, capital, and reporting — for independent and multi-location operators?”

Founded2010
HQAtlanta, Georgia, United States
FoundersLisa Falzone, Christopher Ciabarra
Total raised~$130M+
Latest roundAcquired by Shift4 Payments, June 2024
IndustryVertical SaaS / Restaurants
The story

Founded in 2010 as an iPad-native POS for restaurants and retail, Revel Systems differentiated through cloud management, integrated payroll, and CRM tools on a single platform. After a large PE-backed Series C in 2014, the company expanded its partner payment ecosystem (Adyen, FreedomPay, TriPOS) and added embedded finance features including 'Revel Advantage' for payments. In 2024, Revel was acquired by Shift4 Payments, integrating its restaurant and retail POS base into Shift4's broader acquiring and integrated payments stack, effectively consolidating Revel's embedded payments under Shift4's infrastructure.

Last 12 months
2024-06
2024-08
2024-07
Product timeline
2010
Founded in San Francisco as an iPad-based point-of-sale system for restaurants and retail.· pivot
2011
Raised $3.7M seed round from DCM to scale iPad POS platform.· banking
2014
Raised $100M Series C from WCAS, targeting IPO and aggressive expansion to 10,000+ terminals.· pivot
2017
WCAS became majority owner as PE backer, deepening enterprise focus.· pivot
2024
Acquired by Shift4 Payments; Revel Systems became a subsidiary, POS customer agreement rebranded under Shift4 infrastructure.· acquisition
Regulated entities
1
regulatory licence held by Revel Systems
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in Revel Systems’s embedded-finance stack
Payments / PSP
AdyenFreedomPayTriPOS
Accounting
in the full report
Accounting gap: minor
4 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Revel Systems — frequently asked

Who is Revel Systems's payment processor?

Revel Systems processes payments through Adyen, FreedomPay and TriPOS.

Which accounting software does Revel Systems integrate with?

Revel Systems integrates with QuickBooks Online, Xero, NetSuite and Sage Intacct.

What is Revel Systems's embedded finance stack?

The Embedded Finance Index 2026 maps 2 layers in Revel Systems's stack: Payments / PSP (Adyen, FreedomPay and TriPOS); Accounting (QuickBooks Online, Xero, NetSuite and Sage Intacct).

Who founded Revel Systems?

Revel Systems was founded by Lisa Falzone and Christopher Ciabarra and is founded in 2010, headquartered in Atlanta, Georgia, United States.

How much funding has Revel Systems raised?

Revel Systems has raised ~$130M+ in total (latest round: Acquired by Shift4 Payments, June 2024).

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