About Renewal Mill
Renewal Mill is a company based in Oakland (United States) founded in 2016.. Renewal Mill has raised $4.74 million across 6 funding rounds from investors including Techstars, Beyond Impact Advisors and ICA Fund. Renewal Mill operates in a competitive market with competitors including King Arthur Baking Company, Foodstirs, Happy Grub, Doughp and Snacktivist, among others.
- Headquarter Oakland, United States
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$181.15 K123as on Apr 30, 2021
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Net Profit
$-505.08 K41as on Apr 30, 2021
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EBITDA
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Total Equity Funding
$4.74 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Techstars
& 3 more
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Employee Count
Employee Count
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Funding Insights of Renewal Mill
Renewal Mill has successfully raised a total of $4.74M across 6 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(16 Jul 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series A - Renewal Mill | Valuation | Beyond Impact Advisors | |
| Aug, 2020 | Amount | Seed - Renewal Mill | Valuation |
investors |
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| Jul, 2020 | Amount | Seed - Renewal Mill | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Renewal Mill
Renewal Mill has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Techstars, Beyond Impact Advisors and ICA Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment advisory focused on vegan and sustainable solutions.
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Founded Year | Domain | Location | |
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ICA Fund is focused on accelerating Bay Area businesses.
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Founded Year | Domain | Location | |
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HG Ventures is focused on investing in sustainable technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Renewal Mill
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Renewal Mill
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Renewal Mill Comparisons
Competitors of Renewal Mill
Renewal Mill 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 King Arthur Baking Company, Foodstirs, Happy Grub, Doughp and Snacktivist, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides baking flours, ingredients, tools, recipes, and online classes for enthusiasts.
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| domain | founded_year | HQ Location |
Baking mixes and kits are sold online by Foodstirs.
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| domain | founded_year | HQ Location |
Offers organic squeezable pancake mixes for quick, fun family breakfasts.
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| domain | founded_year | HQ Location |
Brand of brownies
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| domain | founded_year | HQ Location |
Internet first brand offering baking mix
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Renewal Mill
Frequently Asked Questions about Renewal Mill
When was Renewal Mill founded?
Renewal Mill was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Renewal Mill located?
Renewal Mill is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
Is Renewal Mill a funded company?
Renewal Mill is a funded company, having raised a total of $4.74M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.7M, raised on Jul 16, 2018.
What is the annual revenue of Renewal Mill?
Annual revenue of Renewal Mill is $181.15K as on Apr 30, 2021.
What does Renewal Mill do?
Renewal Mill was founded in 2016 in Oakland, United States, within the food production sector. Gluten-free flours derived from soybeans are produced and distributed, alongside baking mixes for products like dark chocolate brownies and oat chocolate chip cookies. Operations are conducted through an online platform at renewalmill.com, focusing on accessible baking ingredients for various consumers.
Who are the top competitors of Renewal Mill?
Who are Renewal Mill's investors?
Renewal Mill has 4 investors. Key investors include Techstars, Beyond Impact Advisors, ICA Fund, and HG Ventures.