REE Automotive

Software-defined vehicle technology and electric vehicle platforms.

Automotive & Mobility Technologies
inactive
Acquired Tel Aviv, Israel Founded 2011
Last updated 2026-07-16
Total raised
$55.6M
Last: Public Offering 2025-03
Stage
Acquired
Founded
2011
Headcount
127
HQ
Tel Aviv, Israel
Sector
Automotive & Mobility Technologies

About

REE Automotive is an automotive technology company that develops and builds software-defined vehicle (SDV) technology. The company's core innovation, the REEcorner, integrates essential vehicle components—such as steering, braking, suspension, powertrain, and control—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. The company pivoted in 2025 to focus exclusively on software development after halting vehicle production.

Funding history · 5 rounds · $55.6M total

2021-08
2019-01
Grant $645K EU CORDIS — H2020 (SYS2WHEEL)
2018-08
B Round $25.0M
2017-05
A Round $10.0M
NSK
2014-01
Seed $3.0M

Headcount over time

From 29 (2019-05) to 209 (2026-03) · +180 (+621%) · 55 points · source: Finder history + radar grounding
2920 2019-05 2026-03

Q&A

What is REE Automotive's primary focus as of 2025?
In 2025, REE Automotive pivoted to focus exclusively on software development, halting vehicle production.
What was the most recent funding round for REE Automotive?
REE Automotive's most recent funding round was a Registered Direct Offering in March 2025, which raised $9.4 million. This round was led by Motherson Group and M&G Investments.
How many employees does REE Automotive currently have?
REE Automotive has 101-200 employees.
When did REE Automotive complete its public offering on NASDAQ?
REE Automotive completed a Public Offering in July 2021, raising $288 million.
What significant partnership did REE Automotive announce in November 2025?
In November 2025, REE Automotive and Mitsubishi Fuso Truck and Bus Corporation signed an MOU for software-defined vehicle technology.
What award did REE Automotive receive in November 2024?
REE Automotive was named a CES 2025 Innovation Award Honoree for Software-Defined Vehicle Technology in November 2024.
What was the outcome of REE Automotive's Q3 2024 earnings report?
REE Automotive's Third Quarter 2024 earnings, reported in December 2024, missed expectations, though reservations surged by 230% as production began and liquidity increased.
What is the current status of REE Automotive on NASDAQ as of July 2026?
In July 2026, REE Automotive delisted from NASDAQ and sought a stay of proceedings, with its market cap having slumped to $6 million.

Team · 8

Daniel Barel
Founder · Co-founder & CEO
LinkedIn ↗
Ahishay Sardes
Founder · Co-founder & CTO
LinkedIn ↗
Gilad Woolf
Founder · Founder
Hai Aviv
CFO
LinkedIn ↗
Keren Shemesh
CMO
LinkedIn ↗
Limor Raz
VP HR
LinkedIn ↗
Carlton Rose
Chairman of the Board of Directors
LinkedIn ↗
Hicham Abdessamad
Chairman of the Board of Directors

Sectors & technology

Primary sector
Automotive & Mobility Technologies
Target customers
Business model
B2B

Highlights

Climate TechPatents

Tags

mobility-optimizationlast-miletransportationsmart-mobilityautomotiveclimate-techelectric-vehiclesautonomous-vehicleslogisticssoftware-defined-vehicles
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