Revel, the car subscription startup from Spain, raises $123M to take its business up a gear | TechCrunch

Spanish startup Revel announces 115 million ( $123 million ) in funding for a digital car subscription service.

The service is essentially a flexible lease agreement that includes insurance and maintenance.

Investors include KKR , Santander Consumer Finance and others that are not being named.

Revel can be used online or over an app, and an order can be carried out in the same time as a streaming service.