REE Automotive
Formerly SoftWheel
Flat and Modular Chassis for Electric Vehicles
Startup Public Automotive & Mobility Technologies Est. 2011
Total Raised
$405M
Public
Last Round
$45M
7 rounds
Investors
3
3 public
Team
5
201-500 employees
Confidence
94/100
News
137
articles
Patents
1
About
REE specializes in advanced automotive technologies, focusing on electric (EV) and autonomous vehicles (AV) across a broad spectrum of vehicle classes, from Class 1 through Class 6. The company's core innovation, the REEcorner, integrates essential vehicle componentsโ€”such as steering, braking, suspension, powertrain, and controlโ€”into a single module. This design allows for the creation of exceptionally flat EV platforms, maximizing space for passengers, cargo, and batteries while employing x-by-wire technology for enhanced vehicle control. REE's platforms offer auto-manufacturers, OEMs, and various mobility service providers the flexibility to design EVs and AVs tailored to specific operational needs. This approach not only facilitates a quicker market entry and lower total cost of ownership (TCO) but also supports the adherence to zero-carbon regulatory requirements.
Classification
Sector
Climate TechEco-Efficient Transportation & LogisticsEco-Efficient Mobility Optimization & LogisticsAutomotive & Mobility TechnologiesElectric Mobility & Alternative Fuels
Target Customer
Transportation & LogisticsLogisticsPostal & CourierIndustrial ManufacturingDiscrete IndustriesAutomotive
Business Model
B2B
Tags
last-miletransportationsmart-mobilityautomotiveclimate-techelectric-vehiclesautonomous-vehicleslogistics
Funding & Events
Sep 2024
PIPE $45M
M&G Investments
May 2017
B Round $10M
NSK
Mar 2024
PIPE $15M
M&G Investments
Jul 2021
Exit Undisclosed
Aug 2021
Non-equity $17M
Advanced Propulsion Centre
Aug 2018
C Round $25M
Musashi Seimitsu Industry
A Round $5M
News (137)
Jul 3, 2025 ยท finance.yahoo.com
growth-negative
REE Automotive Receives Nasdaq Minimum Bid Price Notification
Public Trading
Jun 9, 2025 ยท finance.yahoo.com
growth-negative
REE Announces Cost Reduction Measures to Sustain Long-Term Growth
Layoffs
Jun 8, 2025 ยท www.themarker.com
growth-negative
REE ืคื™ื ื˜ื–ื” ืขืœ ื”ื›ื ืกื•ืช ืฉืœ ืžื™ืœื™ืืจื“ื™ื, ืืš ื‘โ€“2024 ื”ืŸ ื”ื’ื™ืขื• ืœโ€“183 ืืœืฃ ื“ื•ืœืจ ื•ื”ื™ื ื ื™ืฆื‘ืช ื‘ืกื›ื ืช ืกื’ื™ืจื” โ–  ื‘ื—ื‘ืจื” ืชื•ืœื™ื ืืช ื”ืกื™ื‘ื•ืช ืœืžืฉื‘ืจ ื‘ืžื›ืกื™ื ืฉืœ ื˜ืจืืžืค, ื›ืœื•ืžืจ ื‘ื’ื•ืจื ื—ื™ืฆื•ื ื™ โ€” ืžื”ืœืš ืฉื›ื™ื— ืฉื™ื–ืžื™ื ื ื•ืงื˜ื™ื ื‘ื–ืžืŸ ืžืฆื•ืงื” โ–  ืœืจื•ื‘, ื”ืกื™ื‘ื•ืช ื”ืืœื” ื”ืŸ ืจืง ื”ืงืฉ ืฉืฉื‘ืจ ืืช ื’ื‘ ื”ื’ืžืœ
LayoffsPIPE/POInvestment
Jun 4, 2025 ยท en.globes.co.il
growth-negative
At the end of 2024, the Israeli auto-tech company had 211 employees including 92 in Israel.
LayoffsInvestmentPublic Trading
Jun 4, 2025 ยท www.themarker.com
growth-negative
ื—ื‘ืจืช ื”ืื•ื˜ื•ึพื˜ืง REE, ืฉืžื•ื–ื’ื” ืœืฉืœื“ ืกืคืืง ืœืคื™ ืฉื•ื•ื™ ืฉืœ 3 ืžื™ืœื™ืืจื“ ื“ื•ืœืจ, ื ืกื—ืจืช ื›ื™ื•ื ื‘ืฉื•ื•ื™ ืฉืœ 25 ืžื™ืœื™ื•ืŸ ื“ื•ืœืจ ื‘ืœื‘ื“ โ–  ืื—ืจื™ ื”ืคืกื“ ืฉืœ 112 ืžื™ืœื™ื•ืŸ ื“ื•ืœืจ, ืืช ื“ื•"ื—ื•ืชื™ื” ื”ืฉื ืชื™ื™ื ืœื™ื•ื•ืชื” ื”ืขืจืช "ืขืกืง ื—ื™" โ–  ื”ื—ื‘ืจื” ืžืขืกื™ืงื” ื›-90 ืขื•ื‘ื“ื™ื ื‘ื™ืฉืจืืœ, ื•ืœื ื‘ืจื•ืจ ื›ืžื” ืžื”ื ื™ืคื•ื˜ืจื•
Layoffs
Jun 4, 2025 ยท www.calcalistech.com
growth-negative
The electric vehicle company restructures in a desperate bid to stay afloat after valuation falls from $3 billion four years ago to just $23 million.
LayoffsPublic TradingPartners
May 16, 2025 ยท finance.yahoo.com
growth-negative
REE Automotive Ltd (REE) Q4 2024 Earnings Call Highlights: Navigating Challenges with Strategic ...
InvestmentCustomersLayoffs
May 15, 2025 ยท finance.yahoo.com
growth-negative
REE Automotive Announces Fourth Quarter and Fiscal Year 2024 Earnings Results
InvestmentPartnersProduct Stage
Apr 28, 2025 ยท finance.yahoo.com
growth-positive
REE Automotive Provides 2024 Business Update; Reschedules Date for its Fourth-Quarter and Fiscal Year 2024 Earnings Results
Product StageCustomersPartners
Apr 9, 2025 ยท finance.yahoo.com
growth-positive
REE Automotive Awarded Frost & Sullivanโ€™s 2025 Company of the Year in the North American Electric Medium-Duty Vehicle Platform Industry
Mar 28, 2025 ยท finance.yahoo.com
growth-positive
REE Automotive to Report Fourth-Quarter and Fiscal Year 2024 Financial Results on April 29, 2025
Product StagePartnersInvestment
Mar 26, 2025 ยท finance.yahoo.com
growth-positive
REE Automotive Announces Increase in Previously Announced Registered Direct Offering to $36.4 Million with Pricing of Additional $9.4 Million at Premium to Market, Led by Strategic Investor Motherson Group
InvestmentCustomers
Mar 18, 2025 ยท finance.yahoo.com
growth-positive
REE Automotive Announces Pricing of $27 Million Registered Direct Offering of Ordinary Shares
InvestmentPIPE
Mar 18, 2025 ยท finance.yahoo.com
growth-positive
REE Automotive Signs MOU for Software-Defined Technology with One of The Leading Technology Companies, Paving the Way Toward Multi-Year, Large-Volume Autonomous Vehicles Framework Agreement
Partners
Feb 25, 2025 ยท finance.yahoo.com
growth-positive
REE Automotive to Host Ride & Drive of P7-C Software Defined Electric Truck at NTEA Work Truck Week 2025
Product StagePartnersCustomers
Feb 20, 2025 ยท finance.yahoo.com
growth-positive
REE Automotive Collaborates with Geotab to Provide Advanced Data Analytics to Fleets
Partners
Feb 13, 2025 ยท finance.yahoo.com
growth-positive
Mission Mobile Medical and REE Automotive Collaborate to Transport Healthcare to Millions of Rural Americans
Partners
Feb 11, 2025 ยท finance.yahoo.com
growth-positive
When Will REE Automotive Ltd. (NASDAQ:REE) Breakeven?
Jan 21, 2025 ยท finance.yahoo.com
growth-positive
REE Automotive to Participate in Sidoti Micro-Cap Virtual Conference
Jan 21, 2025 ยท finance.yahoo.com
growth-positive
Sidoti Events, LLC's Virtual January Micro-Cap Conference
+ 117 more articles
Details
Product Stage
Released
Employees
201-500
Exact Count
230
District
Center District
Founded
2011
Registrar
514557339
Crunchbase
softwheel
Locations
18 Shenkar St. Herzliya, Israel
Links
Website
LinkedIn
Twitter
Facebook
Careers
Admin
Last Update
Jul 4, 2025
Verified by
Sharon Shapira
Missing
markets, not claimed
Team (5)
Daniel Barel
Co-founder & CEO
Founder
Ahishay Sardes
Co-founder & CTO
Founder
Hai Aviv
CFO
Keren Shemesh
CMO
Limor Raz
VP HR
Internal
Created by
Katie Kaplan (katherinekaplan14@gmail.com)
Created
2014-07-17T00:00:00.000Z
Last editor
Maor Perlov (maor.perlov@sncentral.org)
Status
Public on NYSE on Jul, 2021;