Revel is a shared electric vehicle service that allows users to locate, reserve, and unlock electric mopeds through an app.

Revel is electrifying cities through charging infrastructure and shared electric vehicle fleets.

Revel was founded in 2018 by Frank Reig and Paul Suhey. The company is headquartered in Brooklyn, New York.

 

Revel launched its first — and so far only –Superhub in Brooklyn with 25 charge points last June, and like that one, all of the new hubs will be open to the public 24/7 and accessible to any brand of EV.

 

Revel launched six months ago with a fleet of 50 Tesla Model Ys, it has had over 93,000 rides,

 

Revel is backed by BlackRock Renewable Power, Toyota Ventures, Ibex Investors, Maniv Mobility, Goodyear Ventures, Shell Ventures, Blue Collective, Broadscale Group, the St Baker Energy Innovation Fund, and others. The company raised $126M in Series B round on Feb 23, 2022. This brings Revel's total funding to $153.6M to date.

 

 

  • Year founded: 2018
  • Funding Info: $153.6M over 3 Rounds (Last Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Brooklyn
  • State: New York
  • Country: United States
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