Investors & Strategic Advisors

Revel just raised $150M at a $1.005B valuation — only 15 months after founding. 

In this episode of Sourcery, I sit down with Scott Morton, Founder & CEO of Revel, to unpack how he went from designing high-consequence launch control systems at SpaceX to building the unified software platform modernizing hardware test and command systems across aerospace, defense, robotics, and advanced energy.

The $150 million in Series B funding is aimed to accelerate its expansion across aerospace, defense, robotics, and industrial markets. The round was led by Index Ventures, with major participation from Redpoint Ventures and returning investors Thrive Capital, Felicis, and Abstract Ventures, as well as prominent angels such as Dylan Field, Figma's co-founder and CEO.

Revel replaces decades-old infrastructure — much of it built in the 1980s and 1990s — with a modern platform that enables engineers to visually configure hardware systems, monitor live telemetry, and issue commands safely in real time.

We cover:

• Why Index Ventures led a preemptive $150M Series B

• The SpaceX “T-minus 1 minute” moment that shaped Revel’s philosophy

• How Revel helped Impulse increase rocket engine testing frequency by 5–10x

• The difference between Revel Test and Revel C2 (Command & Control)

• Lessons from Elon Musk on pushing engineers beyond perceived limits

• Why Dylan Field (Figma) is a key investor and strategic sounding board

Revel is now working with companies like Impulse, Radiant Nuclear, Astro Mechanica, and others building mission-critical infrastructure for the autonomous age.

This is the story of modernizing the software layer behind physical systems — where one character of code can mean total success… or no launch site.

Subscribe to Sourcery for more deep dives into the founders building the next industrial era.

Scott Morton: https://x.com/scottgmorton 

Molly O’Shea: https://x.com/MollySOShea 

Sourcery: ⁠https://x.com/sourceryy 

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𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒

(00:00) Scott Morton, Founder & CEO at Revel

(00:40) Raising $150M at a $1.005B valuation in just 15 months

(02:58) What Revel actually builds

(05:23) 10x faster engine testing by replacing legacy systems

(07:26) Designing Falcon 9’s propellant load sequence

(09:12) T-1: When every line of code has to be perfect