News Summary

Revelo, a platform for vetted developers in Latin America, is experiencing increased demand from US companies, especially for AI model training. Co-founded by Lucas Mendes and Lachlan de Crespigny, Revelo offers a pool of over 400,000 developers and facilitates hiring and payment processes for US enterprises such as Intuit, Oracle, and Dell. This surge is primarily driven by the need for expert human data to enhance AI models, with coding as a critical task. Revelo’s strategy focuses on nearshoring, leveraging time zone similarities with its US clients, making its talent highly attractive. Since its inception in 2014, Revelo has raised over $48 million in venture funding and acquired five competitors to strengthen its global talent network. Despite a shift towards in-person work, the demand for Revelo’s LatAm developers remains robust.