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About Revel
Industries
Automotive & Transportation
Hardware
Energy
Enterprise Software
Company Size
201-500
Company Stage
Grant
Total Funding
$472.1M
Headquarters
New York City, New York
Founded
2018
Overview
Revel builds large, city-centered fast-charging networks to accelerate electric vehicle adoption. It operates high-capacity DC fast-charging hubs (up to 320 kW per stall) in dense urban areas, delivering a full charging experience through a mobile app that shows real-time station availability, pricing, and seamless payment. Vehicles can reach charging in under 20 minutes, enabling quick turnaround for drivers and fleets. The company focuses on site-scale deployments rather than single stalls, which supports high utilization and acts as a reliable energy infrastructure partner for cities. Revel serves individual EV owners, professional rideshare drivers, and commercial fleets, offering tiered charging fees and negotiated discounts for fleet partners. Its aim is to create the hardware and software foundations needed for city-wide electrification, especially in areas where residential charging is scarce and charging deserts exist.
Simplify's Take
What believers are saying
- $60M NY Green Bank loan funds 267 chargers across nine NYC sites by 2025.
- NYC mandates 100% zero-emission rideshare fleet by 2030, boosting demand.
- Kempower and Relion partnerships enhance network reliability and expansion.
What critics are saying
- Uber and Lyft proprietary networks cannibalize Revel's rideshare driver base.
- Tesla urban Supercharger expansion fragments market and compresses margins.
- $60M loan debt triggers covenant breach if utilization drops below 35%.
What makes Revel unique
- Revel builds high-capacity DC fast-charging Superhubs up to 320 kW in urban cores.
- Revel exited rideshare in 2023 to focus solely on charging infrastructure.
- Revel targets rideshare-dense sites like JFK Airport and Pier 36.
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Funding
Total Funding
$472.1M
Above
Industry Average
Funded Over
6 Rounds
Benefits
Stock Options
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Life Insurance
Unlimited Paid Time Off
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↑ 0%2 year growth
↑ 0%Revel has chosen Relion's Operations & Maintenance (O&M) platform to power its charging network in New York City, one of the most demanding EV markets in the world.
DURHAM, NC – Kempower’s DC fast-charging solutions have been installed at two new Revel charging stations in New York at John F. Kennedy International Airport (JFK) and in San Francisco’s Mission District at 199 Erie Street. The installed charging solutions were delivered from Kempower’s production facilities in Durham, North Carolina. Revel and the Port Authority opened a new EV charging station at JFK Airport in March 21, adding 24 fast chargers and more than doubling the airport's charging capacity. JFK now has a total of 46 EV fast charging points, which will significantly reduce wait times and improve traffic flow at the airport. The new charging station is located within the airport’s for-hire vehicle (FHV) hold lot and is accessible via the Van Wyck Expressway or Belt Parkway
Revel has an expanding network of high-speed chargers in and around New York City and made headlines with their recent $60 million award to build 250+ chargers across the Big Apple.
Brooklyn-based electric vehicle charging infrastructure startup Revel on Monday launched its first fast-charging station in San Francisco, kicking off its plans to expand across the Bay Area over the next year.
24 mar Revel opens first EV fast-charging hub in San Francisco.
Revel is Hiring for 1 Jobs on Simplify!
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About Revel
Industries
Automotive & Transportation
Hardware
Energy
Enterprise Software
Company Size
201-500
Company Stage
Grant
Total Funding
$472.1M
Headquarters
New York City, New York
Founded
2018
Revel is Hiring for 1 Jobs on Simplify!
Find jobs on Simplify and start your career today