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
Amount
$123,000,000
Round
Undisclosed
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
Email Address
Overview
We are a data driven health engagement company on a mission to challenge convention and ourselves.
Profile
Revel LinkedIn Company Profile
Social Media
Revel Company Twitter Account
Company News
Revel News
Facebook
Revel on Facebook
YouTube
Revel on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jeffrey Fritz
  Jeffrey Fritz LinkedIn Profile  Jeffrey Fritz Twitter Account  Jeffrey Fritz News  Jeffrey Fritz on Facebook
Chief Financial Officer
Jason McAthie
  Jason McAthie LinkedIn Profile  Jason McAthie Twitter Account  Jason McAthie News  Jason McAthie on Facebook
Chief Technical Officer
Kyle Gunderson
  Kyle Gunderson LinkedIn Profile  Kyle Gunderson Twitter Account  Kyle Gunderson News  Kyle Gunderson on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/15/2023: Ignis venture capital transaction
Next: 9/15/2023: Hyperjar venture capital transaction

 

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