When was Revel founded?

Revel was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Revel located?

Revel is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York.

Who is the current CEO of Revel?

Frank Reig of Revel. They have also founded 1 company.

How many employees does Revel have?

As of Aug 31, 2026, the latest employee count at Revel is 253.

Is Revel a funded company?

Revel is a funded company, having raised a total of $159M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 03, 2019.

When was the latest funding round of Revel?

Revel's latest funding was a $***** Grant (prize money) round on May 20, 2025, with participation from 1 investor. Its primary sector is Road Transport Tech. In United States, the Road Transport Tech sector has seen $17.9B in funding in 2026 to date.

Where does Revel rank among its competitors?

Revel ranks 3rd amongst 28 active competitors, of which 4 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Revel, which secured $406K in May, 2025.

Who are the top competitors of Revel?

Revel's top competitors include Lime, Niu and TIER. Among them, Revel secured the most recent funding round in May, 2025.

Revel - 2026 Company Profile, Team, Funding & Competitors

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: gorevel.com
Social
Email ID: *****@gorevel.com
Phone Number: +1 **********
Registered Address: Brooklyn, New York

Key Metrics

Founded Year

2018

Location

Brooklyn, United States

Stage

Series B

Total Funding

$159M in 6 rounds

Latest Funding Round

Grant (prize money), May 20, 2025, $*****

Investors

BlackRock & 18 more

Ranked

3^rd among 28 active competitors

Employee Count

253 as on Aug 31, 2026

Similar Companies

Lime & 115 more

View Revel's full profile

Revel is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
REVEL TRANSIT INC. CIN: 5656297 , United States, Active	Nov 14, 2019	-	-	-
REVEL TRANSIT, INC. CIN: 824755768 , United States, Active	Dec 31, 1999	-	127 (As on Dec 31, 2024)	-

Revel has raised a total funding of $159M over 6 rounds. Its first funding round was on Jan 03, 2019. Its latest funding round was a Grant (prize money) round on May 20, 2025 for $*****. 1 investor participated in its latest round. Revel has 19 institutional investors.

Here is the list of recent funding rounds of Revel:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 20, 2025	8862555	Grant (prize money)	6977433	7741218	7276296	3425521
Nov 16, 2022	7995272	Conventional Debt	1690438	6647387	1073579	BlackRock
Feb 23, 2022	3198869	Series B	8311394	5688615	BlackRock	Toyota Ventures & 7 more

Access funding benchmarks and valuations. Sign up today!

View details of Revel's funding rounds and investors

The founders of Revel are Paul Suhey and Frank Reig. Frank Reig is the CEO of Revel.

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

Paul Suhey: Co-Founder of Revel. They serve on the board of 1 company.
Contact Info: 1 email address
Frank Reig: Co-Founder & CEO of Revel. They serve on the board of 1 company.
Contact Info: 1 email address

Revel's Board of Directors

Revel's board has 3 active members. Michael Granoff, Paul Suhey and Frank Reig are independent board members.

Here is the list of Revel's board of directors:

Name	Type	Representing	Status	Duration
Michael Granoff	Independent board member	-	Current	7y 8m
vnbuuvf	Independent board member	-	Current	9y 4m
keuhxtc	Independent board member	-	Current	7y 2m

View details of Revel's Founder profiles and Board Members

Revel's employee count trend

Revel has 253 employees as of Aug 26. Here is Revel's employee count trend over the years:

Uncover Revel's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Revel include Lime, Niu and TIER. Here is the list of Top 10 competitors of Revel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lime 2017, San Francisco (United States), Public	App-based rental platform providing self-drive electric kick-scooter	$1.71B	Andreessen Horowitz, Coatue & 99 others	84/100
2nd	Niu 2014, Beijing (China), Public	Manufacturer of electric scooters, mopeds, motorcycles, and related accessories	$50M	Sequoia Capital China, GSR Ventures & 9 others	74/100
3rd	Revel 2018, Brooklyn (United States), Series B	App-based rental platform for electric scooters	$159M	Shell, Blue Collective & 17 others	72/100
4th	TIER 2018, Berlin (Germany), Series D	Operator of shared electric scooters and bicycles for urban transit	$660M	Northzone, Mubadala & 28 others	67/100
5th	VeoRide 2017, West Lafayette (United States), Series A	App-based platform offering multi-category electric vehicle rental services	$16M	Autotech Ventures, Interplay & 2 others	66/100
6th	Scoot Networks 2011, San Francisco (United States), Acquired	Provider of shared electric scooters and bikes for urban transportation	$6.23M	Elemental, Western Technology Investment ... & 15 others	56/100
7th	Helbiz 2016, New York City (United States), Public	App-based platform offering multi-category two-wheeler sharing services	$8M	Forever Mobility, Silva International & 1 others	55/100
8th	Boaz Bikes 2018, Detroit (United States), Funding Raised	App-based platform offering electric scooter rental services	-	Village Capital, Based Ventures & 1 others	43/100
9th	Gotcha 2009, Charleston (United States), Acquired	Compassionate funeral services and pre-planning in the Tri-County area	-	SCRA	43/100
10th	BLOOM 2018, Dania Beach (United States), Unfunded	Smart mobility sharing platform for bikes, scooters, and electric vehicles	-	-	39/100