About REVEL
REVEL is a company based in Madrid (Spain) founded in 2020 by Enrique De Mateo Arduan and Daniel Marcos. It operates as a Subscription Services, and Mobility-as-a-Service. REVEL has raised $16.04 million across 2 funding rounds from investors including KKR and Santander Consumer Finance. REVEL offers products and services including Car Renting for Individuals. REVEL operates in a competitive market with competitors including Bipi, Swipcar, Astara Move and Fleeet, among others.
- Headquarter Madrid, Spain
- Founders Enrique De Mateo Arduan, Daniel Marcos
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Drive Revel S.L.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.04 M (USD)
in 2 rounds
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Latest Funding Round
$106.96 M (USD), Debt – Conventional
Sep 15, 2023
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Investors
KKR
& 1 more
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Employee Count
Employee Count
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Products & Services of REVEL
REVEL offers a comprehensive portfolio of products and services, including Car Renting for Individuals. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Car renting service offered with all-inclusive monthly fees.
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Funding Insights of REVEL
REVEL has successfully raised a total of $16.04M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $106.96 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $107.0M
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First Round
First Round
(15 Sep 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series B - REVEL | Valuation | KKR , Santander Consumer |
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| Sep, 2023 | Amount | Debt – Conventional - REVEL | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in REVEL
REVEL has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include KKR and Santander Consumer Finance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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A leading consumer finance bank operating across multiple countries.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by REVEL
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - REVEL
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Revel Comparisons
Competitors of REVEL
REVEL operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bipi, Swipcar, Astara Move and Fleeet, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Subscription-based car rentals are facilitated online with doorstep delivery.
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| domain | founded_year | HQ Location |
Car subscription services are provided via an online platform.
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| domain | founded_year | HQ Location |
Offers monthly car rentals with no commitments, quick delivery, and easy management.
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| domain | founded_year | HQ Location |
Offers vehicle subscriptions and catalogs for personal and professional users.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about REVEL
When was REVEL founded?
REVEL was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is REVEL located?
REVEL is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Who is the current CEO of REVEL?
Enrique De Mateo Arduan is the current CEO of REVEL. They have also founded this company.
Is REVEL a funded company?
REVEL is a funded company, having raised a total of $16.04M across 2 funding rounds to date. The company's 1st funding round was a Series B of $16.04M, raised on Sep 15, 2023.
What does REVEL do?
Car renting services are offered by REVEL for individuals across Spain. A wide range of new vehicles from various brands like Peugeot, Audi, and BMW are made available. All-inclusive monthly fees cover insurance, maintenance, roadside assistance, and taxes. Flexible contract durations of 12 or 36 months are provided, with free home or office delivery. Sustainability is emphasized through CO compensation initiatives for eco-friendly mobility. Personalized customer support and an app for easy management are also included.
Who are the top competitors of REVEL?
REVEL's top competitors include Bipi, Swipcar and Astara Move.
What products or services does REVEL offer?
REVEL offers Car Renting for Individuals.
Who are REVEL's investors?
REVEL has 2 investors. Key investors include KKR, and Santander Consumer Finance.