Revelio Labs, Inc. announced that it has received $4 million in funding from Barclays PLC, K20 Fund, LLC, Bertelsmann Digital Media Investments, Inc., BoxOne Ventures, DataFrame Ventures, 840 Venture Partners and other investors
July 28, 2021
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Revelio Labs, Inc. announced that it has received $4 million in a round of funding co-led by returning investor Barclays PLC and new investor K20 Fund, LLC on July 29, 2021. The transaction included participation from new investors Bertelsmann Digital Media Investments, Inc., BoxOne Ventures, DataFrame Ventures, 840 Venture Partners, NYU Ventures and industry veterans, including Michael Recce and Jeremy Baksht. The round is raised at a post-money valuation of $29 million.
Barclays PLC is one of Britain's leading banking groups. The activity is organized around three sectors:
- commercial banking: at the end of 2023, owned 306 branches worldwide;
- financing, investment, and market banking: specialized financing (acquisitions, projects, etc.), portfolio management, transactions on the stock, interest, exchange, and raw material markets, stock trading, merger-acquisition consulting, investment capital, etc.;
- credit cards issuing.
At the end of 2023, the group managed GBP 538.8 billion in current deposits and GBP 399.5 billion in current credits.
Income breaks down geographically as follows: the United Kingdom (52.4%), Europe (9.9%), Americas (32%), Asia (5.4%), Africa and Middle East (0.3%).
Revelio Labs, Inc. announced that it has received $4 million in funding from Barclays PLC, K20 Fund, LLC, Bertelsmann Digital Media Investments, Inc., BoxOne Ventures, DataFrame Ventures, 840 Venture Partners and other investors
BARCLAYS PLC 
