REE - About the company
REE is a public company based in Tel Aviv (Israel), founded in 2011 by and . It operates as a Manufacturer of software-defined electric vehicle platforms. REE has raised $20.7M in funding from . The company has 25 active competitors, including 11 funded and 2 that have exited. Its top competitors include companies like Harbinger Motors, DeepDrive and LEEKR.
Company Details
Manufacturer of software-defined electric vehicle platforms. It designs and manufactures electric vehicle chassis, focusing on modularity and scalability to suit various commercial fleet needs. The platforms incorporate x-by-wire technology for independent wheel control and optimized battery placement for maximum cargo and passenger space. The company's manufacturing process integrates advanced technology for assembling its innovative corner modules.
- Website
- Social
- Email ID
- @ree.auto, @ree.auto, @ree.auto
Legal entities associated with REE
REE is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CIN: 514557339 Israel, Active | Jan 16, 2011 | - | 244 (as on Dec 31, 2023) | - |
CIN: 13039453 United Kingdom, Deadpooled | Nov 23, 2020 | - | 113 (as on Dec 31, 2023) | |
Feb 08, 2018 | $0 (as on Feb 28, 2023) | 1 (as on Feb 28, 2022) | ||
CIN: 741752971 United States, Deadpooled | Dec 31, 1999 | - | 437 (as on Dec 31, 2023) | - |
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REE's funding and investors
REE has raised a total funding of $20.7M over 5 rounds. Its first funding round was on Dec 10, 2019. Its latest funding round was a Post IPO round on Sep 16, 2024 for $45.3M. 2 investors participated in its latest round, which includes Toyota, , M&G and Varana Capital.
REE has 10 institutional investors including , and . Gil Agmon and 1 other are Angel Investors in REE.
Here is the list of recent funding rounds of REE:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Sep 16, 2024 | $45.3M | Post IPO | 6233139 | 9804476 | |
Oct 13, 2023 | $8.75M | Post IPO | 8868087 | 9999708 | - |
Aug 19, 2021 | $17.2M | Grant (prize money) | 9413165 | 5647850 |
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REE's founders and board of directors
The founders of REE are and . is the CEO of REE.
Here are the details of REE's key team members:
- : Co-Founder & CEO of REE and founder of .
- : Co-Founder & CTO of REE. Contact Info:
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REE's employee count trend
REE has 244 employees as of Dec 23. The total employee count is 16.0% lower than what it was in Dec 22. Here is REE's employee count trend over the years:
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REE's Competitors and alternates
Top competitors of REE include Harbinger Motors, DeepDrive and LEEKR. Here is the list of Top 10 competitors of REE, ranked by 秘密研究所 score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | 秘密研究所 Score |
|---|---|---|---|---|---|
1st |  Harbinger Motors 2021, Gardena (United States), Series B | Developer of commercial electric vehicle modular platforms | $203M | 57/100 | |
2nd | Provider of autonomous modular electric vehicle platform | $54.4M | 51/100 | ||
3rd | Provider of full-stack vision processing solutions for autonomous driving | $192M | 50/100 | ||
4th |  Applied EV 2015, Croydon North (Australia), Series A | Developer of programmable and autonomous-solar powered electric vehicle platform | $23.5M | 49/100 | |
5th |  Range Energy 2021, Mountain View (United States), Series A | Provider of truck transportation services | $31.5M | 48/100 | |
6th |  2011, Tel Aviv (Israel), Public | Manufacturer of software-defined electric vehicle platforms | $20.7M | Toyota, 听&补尘辫;听 | 48/100 |
7th | Rigi Technologies 2019, Lausanne (Switzerland), Seed | Provider of web-enabled drone delivery solutions | - | FIT, Swiss ICT Investor Club听&补尘辫;听 | 47/100 |
8th | PIX Moving 2014, Guiyang (China), Series A | Developer of AI-enabled autonomous modular chassis | $21M | 46/100 | |
9th |  EVage Motors 2014, Dera Bassi (India), Seed | Manufacturer of electric cargo trucks | $32.9M | Maniv Mobility, RedBlue听&补尘辫;听 | 44/100 |
10th |  Watt Electric Vehicle 2019, United Kingdom, Unfunded | Developer of chassis for electric vehicles | - | - | 36/100 |
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REE's Investments and acquisitions
REE has made no investments or acquisitions yet.
Reports related to REE
Here is the latest report on REE's sector:
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News related to REE
Media has covered REE for a total of 20 events in the last 1 year, 6 of them have been about company updates and 3 about partnerships.
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