7. Revel Transit $27.6M
Round: Series A
Description: Revel Transit is a shared electric vehicle service that allows users to locate, reserve, and unlock electric mopeds through an app. Founded by Frank Reig and Paul Suhey in 2018, Revel Transit has now raised a total of $31.6M in total equity funding and is backed by investors that include Ibex Investors, Justin Mateen, LaunchCapital, Maniv Mobility, and Toyota AI Ventures.
Industry: Apps, Automotive, Consumer Electronics
Founders: Frank Reig, Paul Suhey
Founding year: 2018
Total equity funding raised: $31.6M
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