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
𝐄𝐏𝐈𝐒𝐎𝐃𝐄 𝐋𝐈𝐍𝐊
YouTube: https://youtu.be/1MkfF1KrD7M
𝐒𝐏𝐎𝐍𝐒𝐎𝐑𝐒
• Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. https://brex.com/sourcery
• Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. https://turing.com/sourcery
• Deel—Deel is the global people platform that helps startups hire, manage, pay, and equip anyone, anywhere. Trusted by more than 35,000 fast-growing companies, Deel is the people platform that just works, so teams can scale without the chaos. Visit: https://www.deel.com/sourcery
• Public–Investing platform Public just launched Generated Assets, which lets you turn any idea into an investable index with AI. With Generated Assets, you can build, backtest, refine, and invest in any thesis with AI. Gone are the days of one-size-fits-all ETFs. https://public.com/sourcery
Follow Sourcery for the latest updates!
https://www.sourcery.vc/
Disclosure
Paid Endorsement. Brokerage services by Open to the Public Investing Inc, member FINRA & SIPC. Advisory services by Public Advisors LLC, SEC-registered adviser. Crypto trading provided by Zero Hash LLC, licensed by the NYSDFS. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.
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
Sourcery 