When was REE founded?

REE was founded in 2011 and raised its 1st funding round 8 years after it was founded.

Where is REE located?

REE is headquartered in Tel Aviv, Israel. It is registered at Beaumont, Texas.

Who is the current CEO of REE?

Daniel Barel of REE. They have also founded 1 company.

How many employees does REE have?

As of Sep 30, 2026, the latest employee count at REE is 158.

Is REE a funded company?

REE is a funded company, having raised a total of $20.7M across 5 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Dec 10, 2019.

When was the latest funding round of REE?

REE's latest funding was a $***** Post IPO round on Sep 16, 2024, with participation from 2 investors.

What is the annual revenue of REE?

Annual revenue of REE is less than £1M as on Feb 28, 2023

Where does REE rank among its competitors?

REE ranks 17th amongst 259 active competitors, of which 54 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Applied EV, which secured $40M in Jan, 2026.

Who are the top competitors of REE?

REE's top competitors include Hyliion, Sono Motors and TSUYO. Among them, Applied EV secured the most recent funding round in January, 2026.

REE - 2026 Company Profile, Team, Funding, Competitors & Financials

REE is a public company based in Tel Aviv (Israel), founded in 2011 by Daniel Barel and Ahishay Sardes. It operates as a Developer of software defined vehicle technology and electronic control systems. REE has raised $20.7M in funding from Invesco Mutual Fund. The company has 259 active competitors, including 54 funded and 29 that have exited. Its top competitors include companies like Hyliion, Sono Motors and TSUYO.

Company Details

Developer of software defined vehicle technology and electronic control systems. This technology integrates zonal architecture with electronic steering, braking, and drive systems to replace mechanical linkages. The platform provides centralized control for vehicle operations, enabling over the air updates and data analytics. These systems support autonomous capabilities and modular vehicle design for various commercial applications.

Website: ree.auto
Social
Email ID: *****@ree.auto, *****@ree.auto, *****@ree.auto
Registered Address: Beaumont, Texas

Key Metrics

Founded Year

2011

Location

Tel Aviv, Israel

Stage

Public

Total Funding

$20.7M in 5 rounds

Latest Funding Round

Post IPO, Sep 16, 2024, $*****

Investors

Invesco Mutual Fund & 11 more

Ranked

17^th among 259 active competitors

Annual Revenue

£0 - £1M as on Feb 28, 2023

Employee Count

158 as on Sep 30, 2026

Similar Companies

Hyliion & 62 more

Exit Details

Public

View REE's full profile

REE is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Ree Automotive Ltd CIN: 514557339 , Israel, Active	Jan 16, 2011	-	84 (As on Dec 31, 2020)	-
REE AUTOMOTIVE UK LIMITED CIN: 13039453 , United Kingdom, Active	Nov 23, 2020	£10M - £50M (As on Dec 31, 2024)	113 (As on Dec 31, 2023)
AUTO E LTD CIN: 11197845 , United Kingdom, Active	Feb 08, 2018	£0 - £1M (As on Feb 28, 2023)	1 (As on Feb 28, 2025)
R.E.E., INC. CIN: 741752971 , United States, Active	Dec 31, 1999	-	151 (As on Dec 31, 2024)	-

REE got listed on Feb 10, 2021.

Click here to take a look at REE's IPO in detail

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 $*****. 2 investors participated in its latest round. REE has 10 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of REE:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 16, 2024	3521815	Post IPO	4704607	2580908	6220193	1128511
Oct 13, 2023	4289260	Post IPO	2674373	3640517	9222685	9905607
Aug 19, 2021	7353479	Grant (prize money)	1295892	9691510	9431435	Gov

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View details of REE's funding rounds and investors

The founders of REE are Daniel Barel and Ahishay Sardes. Daniel Barel is the CEO of REE.

Here are the details of REE's key team members:

Daniel Barel: Co-Founder & CEO of REE and founder of 1 other company.
Ahishay Sardes: Co-Founder & CTO of REE.
Contact Info: 1 email address

View details of REE's Founder profiles and Board Members

REE's employee count trend

REE has 158 employees as of Sep 26. Here is REE's employee count trend over the years:

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Top competitors of REE include Hyliion, Sono Motors and TSUYO. Here is the list of Top 10 competitors of REE, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Hyliion 2015, Cedar Park (United States), Public	Developer of AI-enabled electrified powertrain solutions for commercial vehicles	$46.1M	Sumitomo, Surge Ventures & 13 others	69/100
2nd	Sono Motors 2013, Munich (Germany), Public	Developer of solar solutions for vehicle original equipment manufacturers	$120M	Swedbank, Wi Venture & 5 others	67/100
3rd	TSUYO 2020, Delhi (India), Seed	Platform offering motors for multi-category electric-three wheelers	$4.5M	Ramkrishna Forgings, Avaana Capital Advisors ... & 3 others	64/100
4th	Vitesco Technologies 2018, Hannover (Germany), Acquired	Developer of powertrain system for multi-category vehicles	-	Economy And Finance, Europa & 1 others	62/100
5th	Odyne Systems 2009, Pewaukee (United States), Series A	Electrification solutions for work trucks, reducing emissions and fuel costs	$8M	Johnson Controls, Allison Transmission & 4 others	58/100
6th	Punch Powertrain 1972, Sint Truiden (Belgium), Acquired	Manufacturer of powertrains for electric vehicles	$42.2M	Capricorn Partners, LRM & 3 others	58/100
7th	Ebusco 2010, Deurne (Netherlands), Public	Manufacturer of electric buses and energy storage systems for transport	-	-	57/100
8th	ISE Corporation 1995, San Diego (United States), Acqui-Hired	Domain expired; Sedo parking page with domain renewal and WHOIS tools	$23.1M	NGP Energy Technology Partners, DTE Energy Ventures ... & 3 others	57/100
9th	Applied EV 2015, Melbourne (Australia), Series B	Developer of programmable and autonomous-solar powered electric vehicle platform	$63.5M	Japan Post Capital, St Baker Energy Innovation Fund ... & 7 others	57/100
10th	LEEKR 2020, Shanghai (China), Series C	Provider of full-stack vision processing solutions for autonomous driving	$192M	Harvest Fund, Vision Plus Capital & 14 others	55/100
17th	REE 2011, Tel Aviv (Israel), Public	Developer of software defined vehicle technology and electronic control systems	$20.7M	Toyota, Invesco Mutual Fund & 10 others	50/100