Revelo Brasil
“Can a LatAm dev marketplace become the cross-border payroll and compliance rail (and AI training-data source) for US companies hiring in Latin America?”
Founded2014
HQSão Paulo, Brazil
Total raised$48.6M
IndustryHorizontal SaaS / HR & Payroll
The story
Revelo started in 2014 as a Brazilian tech-recruitment marketplace. Around 2020-2022 it built a cross-border payroll & compliance layer so US companies could hire LatAm devs remotely — the embedded-finance angle sits in that payroll product (payments in USD, crypto or BRL, benefits, tax filing). More recently it has pivoted further upmarket, positioning its 400k+ vetted-engineer network as data infrastructure for frontier AI code-generation models. The Revelo.com.br entity remains the Brazil-side marketplace and payroll operator.
Last 12 months
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Product timeline
2014
Revelo founded in São Paulo as a tech recruitment marketplace connecting Brazilian devs with employers.· launch
2015
Revelo Talent Corp established (Miami HQ) to expand into US market, connecting LatAm devs with US companies.· expansion
2018
Venture round raised to scale marketplace.· funding
2022
Launched cross-border payroll & compliance platform for LatAm devs hired by US companies, including option to be paid in USD, crypto, or local currency.· payroll
2024
Pivoted upmarket toward AI training data — offering expert annotators, eval frameworks and RL gyms for frontier code-generation models, in addition to staffing.· pivot
The stack
1 layer disclosed in Revelo Brasil’s embedded-finance stack
Payroll
Revelo (in-house)
Accounting gap: none