Revature
| Company type | Private |
|---|---|
| Industry | Technology talent development |
| Predecessor | Multivision |
| Founded | 2003 |
| Headquarters | Reston, Virginia , United States |
| Products | Technology talent training and staffing services |
| Parent | Investcorp (majority stake) |
| Website | revature |
Revature is a company specializing in technology talent development, headquartered in Reston, Virginia, USA. The organization targets recent graduates from U.S. colleges, providing them with training in software skills that are currently in high demand, and subsequently assigns them to IT projects serving both corporate and government sectors. Unlike conventional coding boot camps, Revature compensates its trainees with a salary throughout their training period and project assignments, rather than charging tuition fees.
History
Originally established in 2003 under the name Multivision, the company began as a staffing agency. Around 2014, it transitioned into a talent development firm to tackle the shortage of qualified technology professionals.
In March 2016, Revature raised $20 million in Series A funding led by University Ventures, Eden Capital, and USA Funds. Later, in February 2019, Investcorp acquired a majority stake for an undisclosed sum.
Among Revature’s clientele are prominent organizations such as Accenture, Capital One, FINRA, and REI Systems. To date, the company has trained more than 7,000 software engineers and is acknowledged by Bloomberg as the largest employer of emerging tech talent within the United States.
Amid the COVID-19 pandemic, Revature pledged to offer roughly 2,000 hours of virtual coding instruction to essential workers and individuals impacted by the crisis.
Additional initiatives
In September 2020, Revature introduced a range of workforce reskilling solutions aimed at businesses seeking to upskill their current employees. Since that year, the company has also collaborated with the Thurgood Marshall College Fund to grant scholarships to undergraduates attending member historically black colleges and universities.
Controversies
The company drew criticism for contractual clauses that imposed a $36,500 fee on graduates who left their placement within two years. Revature defended this policy by highlighting the investment made in training and job placement services. A representative from the University of Maryland Global Campus, which partners with Revature, compared this fee to commitments similar to those required by the Reserve Officers’ Training Corps, where scholarship recipients must either serve or reimburse costs. As of 2025, contracts issued by Revature no longer contain this quitting fee.
References