# Rever

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rever

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.reverscore.com
- Total disclosed funding: $5.3M
- Latest round: Seed (May 20, 2020)
- Investors on record: 3

## About

Rever Inc. is a digital platform provider that enhances operational efficiency for businesses, focusing on transforming chaotic work processes into structured systems through innovative tools and AI-driven insights.Founded in 2015 in San Mateo, US, Rever Inc. specializes in operational management solutions. The company has undergone no notable pivots and operates independently. The founders, Borja Muñoz and Errette Dunn, have a history of entrepreneurial endeavors. As of May 2020, Rever raised USD 3.00 mn in Seed funding, led by Ulu Ventures, with participation from Sequoia Capital and Zetta Venture Partners. The total amount raised to date is USD 3.00 mn, and the latest deal marks the fifth transaction for the firm.Rever's core offering is a digital platform designed to enhance operational efficiency, reduce costs, and maintain competitiveness in the global market. The platform facilitates the management of human tasks through a comprehensive suite of tools, including guided workflows, forms, checklists, tasks, and AI-driven data insights. By consolidating various operational processes such as continuous improvement, maintenance management, and quality management, Rever aims to transform chaotic work environments into structured, predictable systems. This solution is particularly targeted at industries including manufacturing and logistics, serving a diverse client base that includes world-class companies across North America, Europe, and Asia. Users of Rever's platform benefit from enhanced visibility into job workflows and the ability to digitally capture inspections and audits, thereby addressing inefficiencies before they escalate into larger issues.Rever operates primarily on a subscription-based revenue model, where clients access its Frontline Excellence Platform through annual or monthly subscriptions. These subscriptions typically encompass a range of services and features that allow clients to tailor the platform to their specific operational needs. The company’s revenue is generated from both individual user access and enterprise-level engagements, which may include additional features such as integrations with existing IT systems and AI-driven recommendations. The pricing structure is designed to provide flexibility based on the scale of use and specific functionalities required by the client. This model allows Rever to serve a variety of clients, from small businesses to large enterprises, facilitating transactions that contribute to the platform's overall financial performance.Rever plans to leverage its recent Seed funding of USD 3.00 mn, raised in May 2020, to further develop its platform and enhance its offerings. The company aims to introduce new features that will improve user experience and operational flexibility. Additionally, Rever is exploring opportunities to expand into new geographic markets, particularly in regions across Europe and Asia, by 2023, which will involve tailoring its services to meet local needs. This expansion is expected to position Rever as a competitive player in the global market.

## Funding rounds

- Seed, May 20, 2020, $3M — Hong Shan, Ulu Ventures, Zetta Venture Partners
- Seed, Oct 30, 2018, $2.3M — Hong Shan, Zetta Venture Partners

## Investors

- Hong Shan — Seed
- Zetta Venture Partners (https://capitalatlas.ai/funds/zetta-venture-partners) — Seed
- Ulu Ventures (https://capitalatlas.ai/funds/ulu-ventures) — Seed