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Revel Systems was founded in 2010 [4] in San Francisco. [5] In May 2011, Revel received $3.7 million in funding from DCM. [6] In 2015 the company announced an investment of approximately $13.5 Million from ROTH Capital Partners, bringing Revel's Series C round to approximately $110 Million.
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Revel was founded in 2018 by Frank Reig who serves as CEO and Paul Suhey who serves as COO.In July 2018 it started with a 10-month pilot in the New York City boroughs of Brooklyn and Queens with 68 scooters, [1] eventually replacing them with 1,000 new scooters in the space of one week in May 2019.
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