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Revl

Revl

The Stabilized Camera that Edits Your Videos for You

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Deal Type

Convertible Note

Funding Goal

$3,000,000

Current Reservations

$9,604,001

Minimum Reservation

$25,000

Deal Stage

Seed

Interest (% per year)

N/A

Term Length (Months)

N/A

Valuation Cap

$18,000,000

Conversion Discount (%)

N/A

Warrant Coverage (%)

N/A

Open Date

05/01/2016

Closing Date

07/14/2017

Elevator Pitch

Revl is the world's smartest action camera, designed in coordination with frog, Sony, Ambarella and the founding engineers, who have backgrounds at NASA, Hewlett-Packard and Sikorsky Aircraft.

KPIs

$2,100,000 Sales
5 Issued Patents
8 Employees

Company Overview

The World's Smartest Action Camera

Problem:

Video is a powerful way to capture you best moments, but for most people it's really hard to shoot a quality video. You end up with hours of shaky footage, which could take days to edit. So your best moments get stuck on an SD card or on your computer and completely forgotten.

Solution:

Revl has developed the world's first stabilized camera system (hardware + software) to address the two biggest challenges with video: shaky footage and hours of editing.

Our camera and mobile app work together to identify the best moments in your videos using motion and emotion recognition.

Traction

  • $2,000,000 in Gross Sales in 2016

    April, 2017
  • On track to sell $12,000,000 in 2017 via direct and retail sales. Selling at Best Buy (150 stores), BH Photo, Adorama, and Ritz Camera

    April, 2017
  • Partnership with Audi. Phase 1 - $650,000 investment + Audi Vehicles

    April, 2017
  • Backed by Y Combinator, Bill Tai, frogVentures, Joshua Schachter, Lars Rasmussen & James Lindenbaum

    April, 2017

Press Mentions

Key Customers & Partners

Audi Polaris Sony Ambarella Frog Design Rhonda Y Combinator

Testimonials

Justin Kan
Justin Kan
Partner at Y Combinator / Founder at Justin.t
"Anything that helps lower the friction for editing and sharing video is going to be successful."
Oren Teich
Oren Teich
Co-Founder at Canvas
"Every time I use my GoPro I basically throw away the footage. Revl is addressing every single pain point I have in video - stabilized, waterproof, & data capture."
Jennifer Jecker Dickson
Jennifer Jecker Dickson
CDO at Acre Designs
"I got to try the camera out and it was incredible! Blows a GoPro out of the water and measures the g-force while doing it!"

Previous Funding

  • $4,000,000 Convertible Note
  • Raise Source: Investors
  • February 2016

Frequently Asked Questions

What is the Revl Arc's specs?

The Revl Arc can shoot 4k at 30FPS, 1080p at 120fps and 720p at 240fps.

Is the Revl Arc compatible with iOS and Android?

The Revl Arc is compatible with iOS devices including Apple Watch and Android devices.

Documents

Confidential

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