About Renew Financial
Renew Financial is a company based in Oakland (United States) founded in 2008. Renew Financial has raised $140.14 million across 11 funding rounds from investors including ING, Barclays and Morgan Stanley. The company has 356 employees as of December 31, 2022. Renew Financial offers products and services including PACE Financing, Solar Panel Financing, and HVAC Financing. Renew Financial operates in a competitive market with competitors including Mosaic, Ygrene Energy Fund, Odyssey Energy Solutions, SunFunder and Sol Systems, among others.
- Headquarter Oakland, United States
- Employees 356 as on 31 Dec, 2022
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Sectors
TechnologyFinancial Services Energy & Utilities
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Phone
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Website
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Social
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- Legal Name Renewable Funding Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$140.14 M (USD)
in 11 rounds
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Latest Funding Round
$245 M (USD), Debt – Conventional
Oct 27, 2023
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Investors
ING
& 12 more
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Employee Count
356
as on Dec 31, 2022
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Products & Services of Renew Financial
Renew Financial offers a comprehensive portfolio of products and services, including PACE Financing, Solar Panel Financing, and HVAC Financing.
Offers loans for home improvements repaid via property taxes.
Provides funding for solar installations to promote energy efficiency.
Supports heating and cooling upgrades with flexible repayment options.
People of Renew Financial
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Funding Insights of Renew Financial
Renew Financial has successfully raised a total of $140.14M across 11 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $245 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Renew Financial
Renew Financial has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include ING, Barclays and Morgan Stanley.
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Investments are directed toward the US, Asia, and Australia.
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Seed and early-stage venture capital firm investing in digital solutions for healthcare and energy industries.
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Investor details for Renew Financial
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Investments & Acquisitions by Renew Financial
Investment portfolio details for Renew Financial
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Financial Statements - Renew Financial
Detailed financials for Renew Financial
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Renew Financial Comparisons
Peer comparison for Renew Financial
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- Named peers
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Competitors of Renew Financial
Renew Financial operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mosaic, Ygrene Energy Fund, Odyssey Energy Solutions, SunFunder and Sol Systems, among others.
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Residential solar financing is provided to homeowners for rooftop installations.
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Provider of an online platform for clean energy financing
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End-to-end platform for distributed renewable energy finance is provided.
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Capital is aggregated online for financing solar projects worldwide.
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Solar project financing is enabled through an online marketplace.
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Detailed competitors of Renew Financial
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Latest news on Renew Financial
Complete news archive for Renew Financial
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Frequently Asked Questions about Renew Financial
Renew Financial was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Renew Financial is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
Mark Floyd is the current CEO of Renew Financial.
Renew Financial is a funded company, having raised a total of $140.14M across 11 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Renew Financial is 356.
Renew Financial was established in 2008 in Oakland, United States, within the renewable energy sector. An online platform is operated to deliver financing solutions, including loans for individuals and businesses covering solar panels, windows, doors, heating, cooling, roofing, landscaping, and related installations. Support is also provided to governments for energy and water conservation initiatives across various projects.
Renew Financial's top competitors include Mosaic, Ygrene Energy Fund and Odyssey Energy Solutions.
Renew Financial offers PACE Financing, Solar Panel Financing, and HVAC Financing.
Renew Financial has 13 investors. Key investors include ING, Barclays, Morgan Stanley, Apollo Global Management, and Nomura.