REVEL

We believe that having a car can be convenient, affordable and sustainable.

General Information
Company Name
REVEL
Founded Year
2020
Location (Offices)
Spain +1
Founders / Decision Makers
Number of Employees
112
Industries
E-Commerce, Financial Services, Automotive
Funding Stage
Debt Financing
Social Media

REVEL - Company Profile

REVEL is an E-Commerce startup based in Spain, founded in 2020. The company's mission revolves around making car ownership more convenient, affordable, and sustainable for everyone. Through an all-inclusive, flexible car subscription service, REVEL aims to facilitate a seamless transition to electric vehicles while offsetting emissions. The company's slogan, "We believe that having a car can be convenient, affordable and sustainable," encapsulates its vision.

The unique selling proposition of REVEL lies in its 100% digital car subscription process, enabling customers to receive their chosen vehicle at their doorstep within a few days. This, combined with the flexibility to keep the car for as long as desired, sets the company apart in the market. Notably, REVEL takes environmental responsibility seriously and compensates for all the CO2 emissions produced by the subscribed vehicles. Thus, every kilometer driven in a REVEL car positively contributes to the planet.

On 15 September 2023, REVEL secured a €15.00M Venture Round investment from prominent investors including KKR and Santander Consumer Finance. This funding is poised to fuel the company's growth trajectory as it continues to pioneer sustainable and convenient car ownership experiences in Spain and potentially beyond.

Taxonomy: car subscription, digital process, flexible ownership, emission offset, electric vehicle transition, convenience, reducing carbon footprint, all-inclusive service

Funding Rounds & Investors of REVEL (5)

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Funding Stage Amount No. Investors Investors Date
Venture Round €15.00M 2 Santander Consumer Finance, Kohlberg Kravis Roberts 15 Sep 2023
Debt Financing €100.00M 1 Kohlberg Kravis Roberts 15 Sep 2023
Debt Financing Unknown - 27 May 2021
Seed Round €500.00K - 01 Dec 2020
Seed Round €500.00K - 01 Jan 2020