New York-based start-up Revel plans to expand its electric moped sharing operations beyond Washington DC, Brooklyn and Queens to around 10 large US cities in the next nine months. Revel caps the speed of its mopeds to 30 miles per hour. CEO Frank Reig made the pledge after the firm secured $27.6m in a funding round led by Ibex Investors. The company is also looking at expanding into other parts of the world, including London, where it has already signed up more than 100 mopeds. Revel refuses to use gig economy workers, caps the speed of its scooters at 30 mph and requires users to be licensed drivers aged at least 21 who pass a safe driving history check.
New York-based start-up Revel plans to expand its electric moped sharing operations beyond Washington DC, Brooklyn and Queens to around 10 large US cities in the next nine months. CEO Frank Reig made the pledge after the firm secured $27.6m in a funding round led by Ibex Investors. The company is also looking at expanding into other parts of the world, including London, where it has already signed up more than 100 mopeds. Revel refuses to use gig economy workers, caps the speed of its scooters at 30 mph and requires users to be licensed drivers aged at least 21 who pass a safe driving history check.