Lowenstein Sandler represented Revelio Labs, the workforce intelligence company, in a Series A capital raise of $15 million led by Elephant Partners, with additional funding from Alumni Ventures, BDMI, K20 Ventures, Techstars, and Barclays. The capital will be used to expand Revelio Labs' offerings for corporate HR and strategy. This fund raise comes less than a year after the company raised $4.5 million in seed funding; since then, Revelio Labs has tripled in size, with over 150 clients ranging from investors to corporate strategists and HR teams, as well as governments.
Revelio Labs builds tools to understand the workforce of every company. By analyzing public workforce data, the company has created a standard structure to unify job titles, skills, activities, and companies. Revelio Labs' team of data scientists develop methods at the cutting edge of statistical research to remove sampling bias and adjust for reporting lags to create a comprehensive, unbiased, and up-to-date understanding of workforce dynamics. The company's workforce data provides insight on occupational composition, hiring and attrition trends, geographic composition, career transitions, and demographic diversity. Many of Revelio Labs' current customers include the largest hedge funds, private equity firms, and venture capital firms, as well as a growing list of large corporate clients.
About Lowenstein Sandler LLP
Lowenstein Sandler LLP is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.