Revel - About the company
Revel is a series B company based in Brooklyn (United States), founded in 2018 by and . It operates as an App-based rental platform for electric scooters. Revel has raised $159M in funding from investors like BlackRock, Maniv Mobility and Ibex Investors. The company has 30 active competitors, including 5 funded and 4 that have exited. Its top competitors include companies like Lime, Niu and TIER.
Company Details
Revel is an app-based rental platform for electric scooters. The platform enables users to find, locate, unlock available mopeds near to their location by using the mobile application. It offers features like variant payment options, eco-friendly rides, etc. At the end of the ride, users are free to park the vehicles at any legal space in the geofence. The mobile app is available for iOS and Android devices.
- Website
- Social
- Email ID
- @gorevel.com
- Phone Number
- +1
Key Metrics
Founded Year
2018
Location
Brooklyn, United States
Stage
Series B
Total Funding
in 5 rounds
Latest Funding Round
Investors
Ranked
2nd among 30 active competitors
Employee Count
as on Dec 31, 2020
Similar Companies
Lime &
Legal entities associated with Revel
Revel is associated with 2 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Nov 14, 2019 | - | 391 | 484 | |
Dec 31, 1999 | - | 382 | 226 |
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Revel's funding and investors
Revel has raised a total funding of $159M over 5 rounds. Its first funding round was on Jan 03, 2019. Its latest funding round was a Conventional Debt round on Nov 16, 2022 for $50M. 1 investor participated in its latest round, which include BlackRock, Toyota Ventures, Broadscale Group and Maniv Mobility.
Revel has 17 institutional investors including BlackRock, Maniv Mobility and Ibex Investors.
Here is the list of recent funding rounds of Revel:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Nov 16, 2022 | $50M | Conventional Debt | 1708255 | 8511041 | |
Feb 23, 2022 | $126M | Series B | 3779719 | 1167060 | BlackRock, Toyota Ventures, and |
Oct 10, 2019 | $27.6M | Series A | 5693189 | 7853943 | Ibex Investors, LaunchCapital, and |
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Revel's founders and board of directors
The founders of Revel are and . is the CEO of Revel.
View details of Revel's Founder profiles and Board Members
Revel's employee count trend
Revel has 113 employees as of Dec 20. The total employee count is 2.7% more than what it was in Dec 19. Here is Revel's employee count trend over the years:
Uncover Revel's growth story! Sign up today!Revel's Competitors and alternates
Top competitors of Revel include Lime, Niu and TIER. Here is the list of Top 10 competitors of Revel, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Lime 2017, San Francisco (United States), Series D | App-based rental platform providing self-drive electric kick-scooter | $1.71B | Uber, AME Cloud VenturesÌý&²¹³¾±è;Ìý | 83/100 |
2nd | 2018, Brooklyn (United States), Series B | App-based rental platform for electric scooters | $159M | BlackRock, Toyota VenturesÌý&²¹³¾±è;Ìý | 68/100 |
3rd | Developer of electric scooters | $50M | IDG Capital, Source Code CapitalÌý&²¹³¾±è;Ìý | 66/100 | |
4th | App-based rental platform for electric kick-scooters | $660M | Goldman Sachs, RTP GlobalÌý&²¹³¾±è;Ìý | 66/100 | |
5th | Scoot Networks 2011, San Francisco (United States), Acquired | App-based platform offering electric-kick scooter-sharing services | $6.23M | Elemental, Mahindra PartnersÌý&²¹³¾±è;Ìý | 63/100 |
6th | VeoRide 2017, West Lafayette (United States), Series A | App-based platform offering multi-category electric vehicle rental services | $16M | FJ Labs, UP PartnersÌý&²¹³¾±è;Ìý | 60/100 |
7th |  Helbiz 2016, New York City (United States), Public | App-based platform offering multi-category two-wheeler sharing services | $8M | Forever Mobility, Silva InternationalÌý&²¹³¾±è;Ìý | 53/100 |
8th |  Gotcha 2009, Charleston (United States), Acquired | Provider of multi-modal electromobility services | - | 46/100 | |
9th |  Boaz Bikes 2018, Detroit (United States), Funding Raised | App-based platform offering electric scooter rental services | - | Dark Knight Capital Ventures, Based VenturesÌý&²¹³¾±è;Ìý | 38/100 |
10th |  HOPR 2018, Miami (United States), Funding Raised | App-based LEV rental platform | - | 33/100 |
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Revel's Investments and acquisitions
Revel has made no investments or acquisitions yet.
Reports related to Revel
Here is the latest report on Revel's sector:
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News related to Revel
Media has covered Revel for a total of 9 events in the last 1 year, 8 of them have been about company updates and 1 about partnerships.
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Electrek•Mar 25, 2025•Revel
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Global Village Space•Dec 04, 2024•Revel
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Commercial Observer•Dec 04, 2024•Revel
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Electrek•Sep 27, 2024•Revel
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Commercial Observer•Jul 27, 2024•Revel, ,
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Staffing Industry Analysts•Jun 07, 2024•Revel
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Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Revel
When was Revel founded?
Revel was founded in 2018.Where is Revel located?
Revel is located in Brooklyn, United States.Is Revel a funded company?
Revel is a funded company, its first funding round was on Jan 03, 2019.When was the latest funding round of Revel?
Revel's latest funding round was on Nov 16, 2022.What is the annual revenue of Revel?
Annual revenue of Revel is undefined as on undefined.Our Lite Plan Awaits you - Its Free!
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