Successful Crowdfund Case Study: Revl

Successful Crowdfund Case Study: Revl

Campaign Year: 2017

Campaign Type: AU - Wholesale

Campaign Duration: 52

Amount Invested: A$150,250

N° of investors: 8

Average Investment: A$18,781

Revl is making cameras easy to use by integrating stabilisation into the camera and replacing hours of editing with seconds of AI processing via a mobile editing app. The completely waterproof Revl Arc Smart Camera features both physical and electronic stabilisation, working together to keep the camera level and remove camera shake and motion blur. This innovative hardware is combined with an AI powered video editing software to reduce editing times. The applications of this software are planned to transcend beyond just consumer product applications, to be eventually licensed to smartphones and offered as a commercial service.

Revl raised A$150,250 in an equity crowdfunding campaign through our platform. These funds were used to facilitate the growth of the Revl team through additional staff, and to meet marketing and R&D costs.

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