Side-by-side, EOR vs. contractor.
Revelo is a LATAM Employer-of-Record platform — Revelo holds the employment contract with the engineer and runs local-currency payroll, benefits, and statutory compliance. sourceBOLD is a contractor engagement platform — the developer is contracted to sourceBOLD on a month-to-month basis. Same regional pool, two operational shapes; which one fits depends on whether your procurement wants a full employment infrastructure or a contractor relationship.
- Pick Revelo if you want a single vendor handling local-currency payroll, benefits, and statutory compliance as the developer’s Employer of Record.
- Pick Revelo if you need the established scale Revelo offers — ~$48.7M raised, 2,500+ customers, a 400K-engineer network.
- Pick sourceBOLD if you want a month-to-month contractor relationship with published pricing, no EOR overhead, and no 12-month buyout clause for in-housing the developer.
The honest table — same region, different employment shape.
Revelo data from their public site, third-party reviews, and coverage of the Series B raise. Pricing + conversion-clause specifics cited per third-party reporting since Revelo’s own pricing page is sales-gated. sourceBOLD column tracks the platform’s actual contractual + system behavior.
Three differences your procurement will feel.
Contractor engagement vs. EOR lock-in
Revelo’s EOR model includes a reported 12-month service-fee buyout clause for converting an engineer to direct employment. sourceBOLD’s 12-month non-solicit is a liquidated-damages clause (12× last monthly Service Fee), not a lump-sum-of-12-months payment. The difference matters when you’re thinking about long-term retention or eventual in-housing.
Pricing transparency
sourceBOLD publishes a $-band on /what-it-costsand writes the literal monthly Service Fee into the SOW at signing. Revelo’s pricing is sales-gated and bundles markup invisibly; third-party reviewers consistently flag pricing opacity as the top procurement friction. Different posture — if your procurement prefers to validate pre-call, sourceBOLD’s surface is wider.
Funding-gate billing + developer-favored split
sourceBOLD’s funding gate is a system invariant: the developer is paid only after the linked client invoice settles. The revenue split is structurally weighted toward the developer and contractually disclosed in the MSA. /guides/funding-gate walks through the state transition. Revelo’s EOR model carries the engineer’s payroll cycle independently of client invoice settlement — different cash-flow shape, more margin opacity.
The honest counter — scale and the EOR option.
Scale + funding-backed bench
Revelo reports ~$48.7M raised across multiple rounds (including a 2019 Series B led by IFC), 2,500+ customer logos, and a 400K-engineer network. sourceBOLD is pre-launch and curated by design — smaller bench, human-vetted end-to-end. For procurement teams that gate on vendor history + scale, Revelo removes friction we don’t.
EOR is the right answer for some buyers
If you want a single vendor handling local-currency payroll, benefits, hardware, statutory compliance, and the developer’s full employment infrastructure, Revelo’s EOR model fits. sourceBOLD’s contractor engagement deliberately doesn’t cover this surface — we don’t run payroll, we don’t bundle hardware, and we don’t hold the employment contract.
Pick by the situation, not by the pitch.
- You want a single vendor handling local payroll, benefits, and statutory compliance as EOR.
- You need the established scale of a Series-B-funded platform with 2,500+ existing customers.
- Your procurement team is comfortable with sales-gated pricing.
- You want to eventually convert the engineer to direct employment and accept the 12-month service-fee buyout clause.
- You want a contractor relationship, not an EOR/direct-employment shape.
- Published pricing in the contract matters to you.
- You want funding-gate billing — developer paid only after your invoice settles.
- You don’t want a 12-month service-fee escrow if you in-house the developer.
Revelo-vs-sourceBOLD FAQ.
Is sourceBOLD an EOR platform like Revelo?
No. Revelo is the engineer's Employer of Record — Revelo holds the employment contract, runs payroll, handles benefits, and manages statutory compliance. sourceBOLD is a contractor engagement platform — the developer is contracted to sourceBOLD on a month-to-month basis. Neither side employs the developer as a W-2 / local-employment-law equivalent.
Does sourceBOLD have a Revelo-style conversion clause?
Different shape. The MSA non-solicit covers 12 months post-termination; engaging a sourceBOLD developer outside the platform within that window triggers a breach fee of 12× the last monthly Service Fee, payable as liquidated damages. Revelo's reported conversion clause is a lump-sum of ~12 months of service fees due on conversion. The numbers can land in similar ranges; the trigger and structure are different.
How does sourceBOLD's pricing compare to Revelo's?
sourceBOLD publishes the $-band on /what-it-costs and writes the literal monthly Service Fee into the SOW at signing. Revelo's pricing is sales-gated; third-party reviews report $45–$100/hr or $8K–$12K/mo all-in but Revelo doesn't publish a rate card. The published-vs-quote difference is the operational one your procurement will feel.
Does sourceBOLD handle cross-border payroll like Revelo?
No. Revelo runs the engineer's local-currency payroll, benefits, and statutory compliance as EOR. sourceBOLD pays the developer in their primary currency via Wise; the developer files their own taxes per their country's contractor regime. The client receives a single US-dollar invoice from sourceBOLD; no multi-currency reconciliation on your books.
Can sourceBOLD scale to bench-sized LATAM placements?
Yes. Month-to-month per developer, no batch minimums. Each placement goes through the same 4-gate funnel — plan roughly a two-week ramp per engagement. See /guides/4-gate-vetting for the funnel detail.
Scale your team.
Surge ahead.
A concise scoping call. Pre-vetted candidates. First standup in a few short weeks.