Tech Company Financing Transactions
Revel Funding Round
Revel, based in Minneapolis, secured $123 million from KKR, Santander Consumer Finance and private investors.
Transaction Overview
Company Name
Announced On
9/15/2023
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$123,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funds to expand its business based around one of these models: a digital car "subscription" service, essentially a flexible lease agreement that includes insurance and maintenance, aimed at consumers willing typically to commit for at least a year.
Company Information
Company Status
Acquired or Merged
Industry
Healthcare IT
Mailing Address
123 North 3rd St. 300
Minneapolis, MN 55401
USA
Minneapolis, MN 55401
USA
Phone
Website
Email Address
Overview
We are a data driven health engagement company on a mission to challenge convention and ourselves.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 9/15/2023: Ignis venture capital transaction
Next: 9/15/2023: Hyperjar venture capital transaction
Share this article
News on VC Transactions
We report on every notable VC transaction. All VC database entries on this site come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs