Sign in

Private company

Revel Systems

Logo: Revel Systems, Public domain, via Wikimedia Commons4

IPad-based point of sale system

Revel Systems is an iPad-based point of sale system co-founded by Lisa Falzone and Christopher Ciabarra. In June 2024, it was announced that the company was acquired by Shift4.3 It is headquartered in San Francisco.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2010Founded1
  • HeadquartersSan Francisco1
  • Websiterevelsystems.com
  • Incorporated inDE5
  • Business address600 Peachtree St Ne, 38Th Floor, Atlanta, Ga 303085
  • Legal formCorporation

See how the biggest companies compare on our leaderboards

Revel Systems is an iPad-based point of sale system co-founded by Lisa Falzone and Christopher Ciabarra. In June 2024, it was announced that the company was acquired by Shift4.3

Corporate structure

Revel Systems is part of a group headed by Shift4 Payments, Inc.. 187 entities, 57 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Shift4 Payments, Inc. Center Valley, Pennsylvania
    • Revel Systems San Francisco
    • 1000986860 Ontario Inc. Subsidiary · Canada
    • 1157487 Ontario Inc. dba Kalex Equipment Services Subsidiary · Canada
    • 20910 ML USA IP Company, LLC Subsidiary · Delaware, United States
    • AHT (Nova Scotia) Inc. Subsidiary · Canada
    • AHT POS INC. Subsidiary · Canada
    • Appetize Technologies, LLC Subsidiary · Delaware, United States
    • Arrow HoldCo GmbH Subsidiary · Germany
    • Bahamas VAT Refund Ltd Subsidiary · Bahamas
    • C.C. Productions, LLC Subsidiary · New Jersey, United States
    • Camdus Payment Solutions Pty Ltd Subsidiary · Australia
    • Card Industry Professionals Ltd. Subsidiary · United Kingdom
    • CARDLiquido S.A. de C.V. Subsidiary · Mexico
    • Cash Japan Inc. Subsidiary · Japan
    • Cash Paris Tax Refund Subsidiary · France
    • CFC & FP Enterprises, LLC Subsidiary · California, United States
    • CLP Liquido SpA Subsidiary · Chile
    • COPLiquido S.A.S. Subsidiary · Colombia
    • Counter Solutions Holdings Limited Subsidiary · United Kingdom
    • Credorax (USA) LLC Subsidiary · Delaware, United States
    • Data Control Systems, LLC of N.C. Subsidiary · North Carolina, United States
    • DEV Digital Export Validation GmbH Subsidiary · Austria
    • Eigen Development Ltd. Subsidiary · Canada
    • Eigen Holdings (U.S.) Corp. Subsidiary · Nevada, United States
    • Eigen Services (U.S.) Corp. Subsidiary · Nevada, United States
    • and 161 more

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

Revel Systems was founded in 2010 in San Francisco. In May 2011, Revel received $3.7 million in funding from DCM. In 2015 the company announced an investment of approximately $13.5 Million from ROTH Capital Partners, bringing Revel's Series C round to approximately $110 Million. This infusion from ROTH was Revel's C-3 investment round, a follow-up to the Series C-1 round led by Welsh, Carson, Anderson & Stowe (WCAS) in November 2014 and Series C-2 round led by Intuit Inc. in December 2014. The two founders Lisa Falzone and Chris Ciabarra took Revel to a 500 million dollar evaluation before exiting.

In 2015, the company announced a strategic partnership with Apple Computers as a member of the Apple Enterprise Mobility Program and in 2014 Revel announced a partnership with Intuit to create Quickbooks Point of Sale Powered by Revel Systems and in Sept 2016 Revel announced a partnership with Shell Global

The company integrates with third-party vendors, and has an open API, allowing others to customize the POS system. Revel released Atlas V2 for the iPad POS in February 2012.

The Revel Systems headquarters is located in Atlanta, Georgia. Additional offices are located in San Francisco, California and Vilnius, Lithuania. European sales are handled by office in London. Revel's iPad point of sale software focuses on security in order to be a properly licensed system. Revel was the first iPad POS to implement EMV—or "Chip and Pin"—Processing in the United States, in January 2013.

Some of Revel's clients include the following (or franchisees of the following): Shell, Smoothie King, Tully's Coffee, Little Caesars Pizza, Legends Hospitality, Rocky Mountain Chocolate Factory, Popeyes Louisiana Kitchen, Illy Coffee, Dairy Queen, Forever Yogurt, and Twistee Treat, among others. Revel has partnered with retail giants Belkin and Goodwill.

In February 2017 it was announced that Falzone had been replaced as CEO after taking the company to half a billion dollars in evaluation. Lisa Falzone and CTO Chris Ciabarra were removed by majority share holder, investment firm Welsh, Carson, Anderson & Stowe (WCAS), which now has a majority stake in the company. New CEO Greg Dukat was appointed. Revel was controlled by WCAS until June 2024, when the company was acquired by Shift4.

From Wikipedia’s article on Revel Systems, shared under CC BY-SA 4.0.6

Leadership

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive Officer, DirectorGregory Dukat named Sep 13, 20237
  • Executive OfficerJoshua Boyer named Sep 13, 20237
  • Executive OfficerTracy Caswell named Sep 13, 20237
  • DirectorAnthony de Nicola named Sep 13, 20237
  • DirectorEric Lee named Sep 13, 20237
  • DirectorGregg Shoonover named Sep 13, 20237
  • DirectorIan MacLeod named Sep 13, 20237
  • DirectorScott Betts named Sep 13, 20237

Timeline

  1. 2010Founded Founded1

Filings

2 filings to the SEC since October 2021: 2 private raises. The latest 2:

  1. Sep 13, 2023D/A EDGAR
  2. Sep 13, 2022D/A EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$14.8M 2018–2018
Money received by yearMoney received by year, 2018–2018: $14.8M in all. Private raises (Form D) $14.8M.$0$5M$10M$15M2018 · Private raises (Form D): $14.8M2018
Figures by year
YearPrivate raises (Form D)Total
2018$14.8M$14.8M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Sep 1, 2018Raised $14.8 million in a private offering of securities7 Form D: 75 investors so far Form D

SEC filer profile

How Revel Systems is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARRevel Systems, Inc.2
  • CIK0001698191
  • Employer ID (EIN)27-33709622
  • Incorporated inDelaware2
  • Fiscal year endsDecember 312
  • Business address600 Peachtree St Ne, 38Th Floor, Atlanta, GA 303082
  • Phone415-744-14332
  • On EDGAR sinceFeb 21, 20172
  • Filings11 in all: D/A (6), D (5)2

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7