Revel, the New York-based shared electrical moped startup, seems to be getting ready to develop into Texas, based on job listings first noticed and reported by Thinknum Alternative Data.
The growth into Texas can be Revel’s fourth market and its first west of the Mississippi River, a transfer that may be in keeping with feedback CEO and co-founder Frank Reig made earlier this week to TechCrunch.
Revel, which launched in 2018, has greater than 1,400 mopeds in Washington, D.C., and Brooklyn and Queens, New York. The corporate introduced Thursday that it raised $27.6 million in a Sequence A spherical led by Ibex Buyers. The fairness spherical included newcomer Toyota AI Ventures and additional investments from Blue Collective, Launch Capital and Maniv Mobility.
Revel plans to make use of the funds to develop its fleet of scooters throughout the cities it at present operates in addition to into new markets. Reig wouldn’t title the place Revel will launch subsequent. Nonetheless, he supplied a number of hints.
Revel is focusing on about 10 cities by mid-2020, Reig stated in an interview earlier this week. He added that possible candidates can be main U.S. cities with temperate climate circumstances. That places cities in Florida, Texas, Arizona and California as possible locations.
Thinknum, which tracks corporations and creates knowledge units that measure hiring, income and different components, charted out job listings at Revel. What the corporate discovered was almost a dozen jobs posted since July that might be based mostly in Texas.
Whereas Revel’s job listings level to Texas, the corporate isn’t prepared to speak.
“We are able to’t verify particular launch timelines proper now, however Revel is having productive conversations with markets in Texas amongst different locations,” an organization spokesperson stated in response to TechCrunch’s inquiry. “We stay up for bringing our service to new cities within the coming months.”
Revel is totally different from different shared mobility-as-a-service suppliers, particularly scooter corporations, as a result of it doesn’t use gig economic system or contract staff. It solely employs full-time staff. This might counsel that Revel isn’t merely experimenting with Texas; it has intentions to construct out operations there.
The job listings embody openings for a supervisor, mechanic and customer support help. A few of these jobs really checklist Texas Metropolis, Texas because the vacation spot. It’s not clear if that is really the place Revel will deploy. Texas Metropolis is about 42 miles southeast of Houston.