Revel: Funding, Investors & Team (Sep 2026)
Revel Transit is a shared electric vehicle service that allows users to locate, reserve, and unlock electric mopeds through an app. Revels can be parked on the street in any legal parking space and are throttled at 30mph for safety. Revel is operating in New York City, Washington, Austin, Miami, and Oakland. The company was founded in 2018 and is headquartered in Brooklyn, New York.
Revel has raised $236M across 3 funding rounds on record, the most recent an undisclosed round of $60.0M announced in Feb 2025.
That round is above the $4.3M median round size for Apps companies tracked on FundedIQ over the last two years.
Revel Company Profile and Key Stats
Latest funding round on record: Feb 2025.
Revel Funding Rounds
Revel raised $126M in a Series B announced in Feb 2022.
9 months later, an undisclosed round of $50.0M was announced in Nov 2022.
2.3 years later, an undisclosed round of $60.0M was announced in Feb 2025.
Revel Founders and Leadership Team
Contact details for the Revel team: 1 of 2 have an email address on file.
Start 14-day free trial →Revel Funding Compared to Other Apps Startups
Revel's latest round of $60.0M is above the median round in Apps. Medians cover the last 24 months of disclosed rounds.
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Revel Funding FAQs
What does Revel do?
Revel Transit is a shared electric vehicle service that allows users to locate, reserve, and unlock electric mopeds through an app. Revels can be parked on the street in any legal parking space and are throttled at 30mph for safety. Revel is operating in New York City, Washington, Austin, Miami, and Oakland. The company was founded in 2018 and is headquartered in Brooklyn, New York.
How much funding has Revel raised?
Revel has raised $236M across 3 rounds on record. The most recent is an undisclosed round of $60.0M announced in Feb 2025.
When did Revel last raise funding?
Revel's most recent funding round on record is an undisclosed round of $60.0M, announced in Feb 2025.
Who founded Revel?
FundedIQ lists Frank Reig (Founder), Paul Suhey (Founder) at Revel.
Where is Revel headquartered?
Revel is based in Brooklyn, New York, United States.
How many employees does Revel have?
Revel is in the 251-500 employee band.
How does Revel's funding compare to other Apps startups?
Revel's latest round of $60.0M is above the $4.3M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.
About FundedIQ's Revel Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Revel is left off this page rather than filled in.
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