Shutdown
Nov 2023Revel shut down its shared electric-moped service in New York City and San Francisco after declining ridership. Approximately 67 moped-operations staff were reported to be laid off.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Aug 16, 2026
Overview
Revel Transit is an electric-mobility company focused on accelerating EV adoption through urban fast-charging infrastructure. It operates public DC fast-charging sites, provides charging services to personal EV owners, rideshare drivers and commercial fleets, and offers site-hosting partnerships.
Primary product
Revel Fast Charging: a 24/7 urban EV fast-charging network with a mobile app, fleet services and charging-site partnerships.
Founded
2018
Headquarters
Brooklyn, New York, United States — 273 South 5th Street, Suite 301, Brooklyn, NY 11211
Team size
70-80
Industry
Urban mobility and transportation
Sub-industry
Electric-vehicle charging infrastructure
Offices
Brooklyn, New York, United States
Business model
Public EV charging priced per kWh
Commercial and fleet charging services
Charging-site hosting and infrastructure partnerships
Strategic partnerships and discounts with automakers and rideshare platforms
Funding
Stage
Late-stage private / growth company
Latest round
Debt financing from New York Green Bank · Feb 2025
Latest amount
$60M
Feb 2025 · New York Green Bank
Feb 2022 · BlackRock Renewable Power
Jan 2021
Oct 2019 · Ibex Investors
Jan 2019
Sep 2018
People & investors
Leadership
Frank Reig
Co-Founder and Chief Executive Officer
Paul Suhey
Co-Founder and Chief Operating Officer
Chief Technology Officer
Chief Financial Officer
Jake Potent
Vice President, Corporate Affairs
Charles Gibbs
Director of EV Site Acquisition
Nicolas Metais
Director, Infrastructure Design and Engineering
Grace Kuan
Director of Driver Operations
Work & culture
Revel presents itself as a mission-driven and diverse organization focused on accelerating EV adoption in cities. Its operating model combines infrastructure development, field operations, engineering, real estate and partnerships. Public evidence suggests a primarily U.S.-based workforce with at least one employee in India, but the company does not clearly publish a formal remote-work policy.
Compensation
Public compensation data is limited. Third-party company data indicates an estimated annual-revenue range around $10M-$20M and limited salary records, including approximately $57,000 for a bartender and $60,000 for a tow-truck/battery-truck driver; these figures should not be treated as official Revel compensation bands.
Benefits
Publicly documented benefits are limited.
Company careers materials emphasize a mission-driven, diverse team and operating principles.
Specific healthcare, retirement, paid-time-off, equity and parental-leave policies were not publicly confirmed.
Product & market
Pricing
Pay-as-you-go charging priced per kWh, with pricing varying by location and time of use. The Revel site lists New York starting prices of $0.45/kWh plus tax with the app and $0.52/kWh plus tax without the app. Fleet and partner pricing may be preferential or contract-based.
Differentiators
- —Focus on dense urban locations near airports, rideshare hubs and major trip destinations.
- —High-power multi-stall sites designed for rapid vehicle turnaround and commercial utilization.
- —24/7 operation and live availability, pricing and charging-session information through the app.
- —Fleet-oriented services including routing support, API integration, invoicing and usage insights.
- —Site-hosting model in which Revel funds installation, equipment and ongoing maintenance for qualifying properties.
- —Partnerships with Uber, Toyota and Lexus that can drive utilization and offer charging discounts.
Technology
Kempower DC fast chargers
DC fast charging up to 320 kW
CCS1
CHAdeMO
NACS
Revel mobile charging app
Real-time station availability and pricing
Fleet API integrations
Usage analytics and invoicing systems
Customers
Personal EV owners
Uber Pro and other rideshare drivers
Last-mile delivery fleets
Service-van fleets
Municipal fleets
Autonomous-vehicle operators
Toyota and Lexus EV owners through charging programs
Uber drivers through a charging-discount partnership
Competitors
Tesla Supercharger
Electrify America
EVgo
ChargePoint
Blink Charging
Volta
Flo
Shell Recharge
Scale & contact
Estimated revenue
Approximately $10M-$20M annually; third-party estimates are not company-reported.
Estimated monthly visits
12.4K
Traffic estimate as of Jun 2026
Signals & risks
Other
Jun 2024Revel announced a move away from its employee-driver ride-hailing model and planned to lay off more than 1,000 employee drivers while offering a contractor model instead.
SourceShutdown
Aug 2025Revel permanently shut down its New York City ride-hailing service and said it would focus on EV fast charging. The company cited the highly competitive, asset-heavy and low-margin nature of ride-hailing.
SourceOther
Feb 2024Bloomberg reported that Revel was seeking approximately $200 million in additional equity financing. The reported fundraise was not independently confirmed as completed in the sources reviewed.
SourceLatest news
TechCrunch · Aug 2025
Revel permanently ended its New York ride-hailing service and shifted its strategy entirely toward EV charging. The company said it planned to expand its charging network in New York, Los Angeles and San Francisco.
InsideEVs · Feb 2025
New York Green Bank provided Revel with a $60 million loan to develop 267 charging stalls across nine New York sites, including locations near JFK and LaGuardia airports.
TechCrunch · Jun 2024
Revel announced that it would eliminate its employee-driver model and move toward independent contractors, affecting more than 1,000 drivers.
Revel official press page · Mar 2024
Revel announced an Uber partnership providing charging benefits to Uber Pro drivers, helping direct rideshare demand to Revel charging sites.
TechCrunch · Feb 2022
Revel raised a $126 million Series B led by BlackRock Renewable Power, with participation from Toyota Ventures, Maniv Mobility, Goodyear Ventures, Shell Ventures and other investors.
Jobs and careers at Revel
1 job at Revel
Real Estate Manager
On-site
Infrastructure
Washington, D.C; District of Columbia, United States
6mo ago
On-site
Full-time