Revel

What Revel does

Revel (Revel Transit Inc.) operates a network of dense, multi-stall DC fast-charging "Superhubs" (up to 320–400 kW with CCS1, NACS, and CHAdeMO support) targeting personal EV drivers, rideshare operators, commercial fleets, and autonomous-vehicle operators in major U.S. cities where urban charging supply is most constrained. Headquartered in Brooklyn and founded in 2018, the company pivoted from an electric moped-sharing business to public EV charging infrastructure following its 2022 Series B, and exited its NYC rideshare service in August 2025 to focus exclusively on charging. As of the latest disclosures, Revel operates 100 live charging stalls (with 260+ in development), has delivered 21.5 million kWh, and is preparing to roughly triple its NYC footprint to 278 stalls by 2027 on the strength of a $60 million NY Green Bank loan.

Revenue is generated through pay-as-you-go per-kWh charging fees ($0.45/kWh with the Revel app in NY, $0.52/kWh without), contracted fleet charging programs with API integration and invoicing, host-site revenue-share arrangements with property owners, and co-branded discount or complimentary programs with Uber (Pro drivers), Toyota (bZ4X), and Lexus (RZ). The platform layers in proprietary technology including the in-house Revel app for session management, multi-protocol hardware from Tritium, Kempower, and Signet, and SmartKit Demand Response grid-optimization software integrated with Logical Buildings' virtual power plant. Revel is privately held, backed by BlackRock's Global Infrastructure Partners as lead sponsor since 2022, and in May 2026 entered a definitive agreement to combine with EQT-backed Voltera — under which the merged platform will operate as Voltera with 1,000+ stalls across 11 major U.S. metros, EQT as majority owner, and GIP/BlackRock retaining a minority stake.

Name

Revel

Legal name

Revel Transit Inc.

Website

https://gorevel.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

251–500 employees

Short description

Revel operates urban DC fast-charging Superhubs (320–400 kW) in dense U.S. cities, serving personal EV drivers, rideshare operators, commercial fleets, and autonomous-vehicle fleets via its proprietary app and partner programs, and is merging with Voltera.

Ownership category

akta.pro rank

Product category

EV Charging Infrastructure

NAICS

Electric Power Distribution (221122)

SIC

Electric Services (4911)

akta.pro primary industry

EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG)

akta.pro secondary industries

Managed EV Charging Software (Residential, Fleet, Workplace) (EUAFAMAA), V2G Aggregators & Flexibility Service Providers (Market Participation) (EUAFAMAG), EV Managed Charging as Demand Response (Residential, Fleet, Workplace) (EUAFAGAL), EV Fleet Management & Charging Solutions (THADAKAJ)

Keywords

• Urban EV charging
• DC fast charging
• Fleet charging services
• EV charging infrastructure
• Public fast charging

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Per-kWh EV charging sales: Pay-as-you-go consumption revenue from individual EV drivers charging at Revel Superhubs, with published starting rates of $0.45/kWh with the Revel app and $0.52/kWh without the app in NY, varying by location and time of use.
2. Fleet and commercial charging programs: Recurring and contracted fleet charging revenue from last-mile delivery, service vans, municipal fleets, rideshare, and autonomous vehicle operators, with preferential pricing, custom access, API integration, and invoicing terms structured for commercial duty cycles.
3. Host-site revenue share (property partnerships): Revenue-share agreements with hotels, retail centers, parking garages, supermarkets, restaurants, and community spaces where Revel installs, owns, and maintains fast-charging equipment at no cost to the property owner in exchange for a share of charging revenue.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels6 records

Core offering

Revel operates a network of urban DC fast-charging "Superhubs" — dense, multi-stall sites with chargers up to 320–400 kW supporting CCS1, NACS, and CHAdeMO connectors — located in supply-constrained dense U.S. cities such as New York City, San Francisco, and Los Angeles. Drivers use the Revel mobile app to locate chargers, view real-time availability and time-of-use pricing, swipe to start a session, and pay per kWh. Layered onto the consumer network are B2B fleet programs (Revel for Fleets) with API integration and invoicing, co-branded partner programs with Uber, Toyota, and Lexus, a property-host program that lets hotels, retailers, and parking operators install Revel-owned chargers at no cost, and grid-optimization software (SmartKit Demand Response) that shifts charging sessions to relieve grid strain.

Product overview

Revel operates as an integrated urban EV fast charging platform built around a core network of multi-stall DC fast charging Superhubs (with speeds up to 320–400 kW and CCS1, NACS, and CHAdeMO connectors) across dense U.S. cities, anchored by the Revel Mobile App that drivers use to locate chargers, view real-time availability, and start sessions. Layered on top of this core network are fleet-oriented services (Revel for Fleets with API integration, invoicing support, and usage insights) and three named partner programs — Uber Driver Charging, Toyota Fast Charging (bZ4X), and Lexus Fast Charging (RZ) — that deliver discounts or complimentary charging to specific user groups. The platform also includes a Host a Revel Site program for property owners and grid-integration capabilities such as the SmartKit Demand Response feature (powered by Logical Buildings) that shifts charging sessions to relieve grid strain. Together, these offerings form a single urban EV charging ecosystem combining physical infrastructure, software (app and APIs), partner programs, and grid services.

Differentiator

Problem solved

Functional benefit

Products and services

• Revel Superhub Charging Network Owned-and-operated urban DC fast-charging network of multi-stall Superhubs offering speeds up to 320–400 kW with CCS1, NACS, and CHAdeMO connectors, designed for dense cities where competitors are scarce and engineered to eliminate wait times. Open 24/7.
• Revel Mobile App Mobile application for iOS and Android that lets EV drivers locate Revel Superhubs, view real-time site availability and pricing, swipe to start a charging session, receive discounts (Uber Pro, Toyota, Lexus programs), and pay per kWh.
• Revel for Fleets B2B fleet charging service for last-mile delivery, service vans, municipal fleets, rideshare operators, and autonomous vehicle companies, offering preferential pricing, custom access, routing assistance, API integration, invoicing support, and usage insights.
• Uber Driver Charging Program Co-branded partnership program giving Uber Pro rideshare drivers up to 25% off charging at Revel Superhubs via the Revel Charging app, with free enrollment and no obligations.
• Toyota Fast Charging Program Complimentary Revel fast-charging program for Toyota bZ4X BEV owners (personal use only, up to 2 sessions per calendar day), running through October 14, 2027.
• Lexus Fast Charging Program Complimentary Revel fast-charging program for Lexus RZ BEV owners (personal use only, up to 2 sessions per calendar day), running through October 14, 2027.
• Host a Revel Site Program Property-owner partnership program that lets hotels, retail centers, parking garages, supermarkets, restaurants, and community spaces host Revel-owned DC fast-charging equipment at no cost, earning passive revenue share and increased foot traffic while Revel handles installation, equipment, and maintenance.

Quantifiable outcome

• Charging hub utilization grew from 21% in early 2023 to 45% by early 2025, with external usage now majority share
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability3 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered flagship, minor and core.

• VolteraflagshipStrategic or Co-development Partner · 1 May 2026Definitive agreement to combine Voltera and Revel into a single EV-charging infrastructure platform operating under the Voltera name, focused on autonomous vehicles, electric fleets, and ride-hail deployment in dense urban markets. Combined platform will include 1,000+ stalls across 11 major U.S. metros; combined entity will pursue battery storage, energy management services, and integrated fleet support in addition to fast-charging.
• UberflagshipGTM or Marketing Partner · 1 February 2026Uber and Revel are partnered under a utilization-guarantee agreement as part of Uber's $100M+ investment in DC fast-charging infrastructure for autonomous vehicles across the U.S. and Europe. Uber Pro drivers also enroll for free into Revel's discount program and receive up to 25% off charging, with discounts layered through the Revel app.
• ChargePass, Inc. d/b/a PrestominorOthers · 18 November 2025Named third-party beneficiary of Revel's Terms of Use; Presto's affiliates, officers, directors, and employees are explicitly excluded from incidental, indirect, special, exemplary, or consequential damages under the agreement.
• WEXcoreChannel Partner/ Reseller/ Distributor · 1 October 2025WEX (commerce platform) partnership enables hundreds of Revel Superhubs across the U.S. — including NYC and San Francisco DC fast charging sites — to accept payments from WEX users across depot, public, and at-home charging locations.
• Tritium (DC fast charger manufacturer)coreOEM/ Whitelabel/ Licensing Partner · 4 August 2025Tritium RTM75 (up to 75 kW) and RTM150 (up to 150 kW) DC fast chargers are deployed across multiple Revel Superhubs including Bedford-Stuyvesant and Long Island City, providing consistent high-power output and reliable charging sessions.
• Kempower (DC fast charger manufacturer)coreOEM/ Whitelabel/ Licensing Partner · 4 August 2025Kempower DC fast chargers (up to 320 kW with dynamic power distribution) are deployed at Revel's JFK Airport Superhub, providing modular, ultra-reliable performance for high-traffic airport charging.
• Signet (DC fast charger manufacturer)minorOEM/ Whitelabel/ Licensing Partner · 4 August 2025Signet DC fast chargers up to 400 kW are deployed at Revel's South San Francisco Superhub near Highway 101 and SFO, supporting the highest-power charging speeds in Revel's network.
• Logical BuildingscoreTechnology or Integration · 1 August 2025Logical Buildings provides the virtual power plant software that powers Revel's SmartKit Demand Response technology, activated at the new Williamsburg Superhub in Brooklyn to shift EV charging sessions during peak hours and reduce grid strain.
• ToyotacoreStrategic or Co-development Partner · 14 October 2024Co-branded fast-charging program offering complimentary Revel charging to Toyota bZ4X BEV owners for personal use (2 sessions per calendar day) from October 14, 2024 through October 14, 2027; commercial and rideshare use excluded.
• LexuscoreStrategic or Co-development Partner · 14 October 2024Co-branded fast-charging program offering complimentary Revel charging to Lexus RZ BEV owners under the same personal-use-only, 2-sessions-per-day structure as the Toyota bZ4X program running through October 14, 2027.

Scale indicators10 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Blink Charging: Blink Charging operates a multi-standard EV charging network spanning Level 2 and DC fast chargers across the U.S., competing with Revel for urban real estate, host-site partnerships, and fleet deployments.
• ChargePoint: ChargePoint operates a large networked EV charging platform across Level 2 and DC fast charging, competing with Revel for urban site hosts and commercial-fleet customers through a broad hardware-plus-software portfolio.
• EVgo: EVgo operates one of the largest U.S. public DC fast-charging networks and is a named partner in Uber's utilization-guarantee agreement alongside Revel, directly competing for urban fast-charging utilization and fleet customers.
• Voltera: Voltera is building dedicated EV charging infrastructure for fleets, ride-hail, and autonomous vehicles in dense U.S. markets and is Revel's definitive merger partner (May 2026), making it the closest direct comparable in fleet/AV-focused urban charging.

Broad incumbents

• Tesla Supercharger: Tesla's Supercharger network is the dominant U.S. fast-charging platform and now supports NACS, the same standard Revel deploys; it sets the benchmark for uptime, pricing, and driver mindshare that Revel must match in dense cities.
• Electrify America: Electrify America is a national DC fast-charging network backed by Volkswagen, providing high-power charging along highway corridors and in metropolitan areas that overlap with Revel's urban growth markets.

Regional players

• FLO: FLO is a Canadian-headquartered EV charging network offering Level 2 and DC fast chargers across North America with a strong public and fleet focus, serving a comparable operator role in Canada that Revel serves in dense U.S. metros.
• Ionity: Ionity operates a high-power DC fast-charging network across Europe and is a named Uber utilization-guarantee partner; it does not directly compete in the U.S. today but represents the European analog to Revel's urban-focused model.

Emerging players

• Hubber: Hubber is named alongside Revel in Uber's $100M+ utilization-guarantee agreements for autonomous-vehicle charging, indicating it is an emerging competitor in the same fleet/AV charging niche that Revel targets.
• Electra: Electra is named in Uber's utilization-guarantee agreements as a fast-charging partner focused on European autonomous-vehicle rollouts, making it an emerging peer competing for the same cross-border AV fleet charging opportunity.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=_GSnk16faVo
• LinkedInlinkedin.com/company/reveltransit
• Xx.com/_gorevel

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds6 records

Investors17 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Revel