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 and no EOR overhead.
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
Revelo’s EOR model reportedly charges about 12 months of service fees to convert an engineer to direct employment. sourceBOLD’s MSA restricts hiring a developer we introduced during the MSA and for 12 months after it ends; for a developer named in an SOW, the breach fee is 12× the highest monthly Service Fee paid or payable, as liquidated damages. Conversion is possible after that period or by arrangement. If you expect to in-house the developer, compare the two terms directly.
Pricing transparency
sourceBOLD publishes typical starting prices on /what-it-costs and writes the exact 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. ‘The 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 curated by design — smaller bench, every candidate met by us before you. For procurement teams that gate on funding and network 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 plan to convert the engineer to direct employment and prefer Revelo’s conversion terms.
- 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 want a contractor engagement now, with conversion possible after the restricted period or by arrangement.
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 runs during the MSA and for 12 months after it ends; engaging a sourceBOLD developer outside the platform in that period triggers a breach fee of 12× the highest monthly Service Fee paid or payable for them, as liquidated damages, where that developer has been named in an SOW. Conversion is possible after that period or by arrangement. Revelo's reported conversion clause is a fee of about 12 months of service fees due on conversion. The amounts can land in similar ranges.
How does sourceBOLD's pricing compare to Revelo's?
sourceBOLD publishes typical starting prices on /what-it-costs and writes the exact 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 acts as contractor of record (CoR) instead: we pay the developer in US dollars via cross-border transfer, and 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 vetting — plan roughly a two-week ramp per engagement. See how we vet candidates for the detail.
Scale your team.
Surge ahead.
One intro call, no sales pitch. Pre-vetted finalists, not a stack of résumés. First standup in weeks, not months.