Overview of the Trend
Tech companies are increasingly seeking developer talent in Latin America, particularly for tasks related to post-training AI models. This shift comes even as many firms push for a return to in-office work. Revelo, a platform connecting U.S. companies with vetted Latin American developers, has reported a notable increase in demand for engineers who can contribute expert human data to enhance large language models (LLMs). Revelo’s co-founder, Lucas Mendes, highlights that coding is a crucial task in this AI evolution, driving the need for specialized developers.
Key Insights
- Revelo has over 400,000 developers on its platform, with LLM-related hires making up 22% of its revenue in 2024.
- Companies like Intuit, Oracle, and Dell are among the U.S. enterprises utilizing Revelo’s talent pool.
- The demand for developers in Latin America has persisted due to the region’s proximity to U.S. time zones, making communication easier.
- Revelo has expanded rapidly since its founding in 2014 and has raised over $48 million in funding, allowing it to acquire five competitors in the last 30 months.
Significance of the Shift
The growing reliance on Latin American developers is reshaping the tech talent landscape. Companies are recognizing the benefits of nearshoring, which offers a balance between quality and cost. Despite a trend towards in-person work, the demand for remote talent has remained strong. This indicates a lasting change in how companies think about sourcing talent, especially in the context of AI development. Revelo aims to solidify its position as a key player in this evolving market, preparing for future growth and acquisitions.
