About Renewate
Renewate is a company based in Pune (India) founded in 2018 by Supratik Ghatak. Renewate has raised $272 thousand across 1 funding round from investors including Wellfound, Better Capital and Madhusudanan R. Renewate offers products and services including B2B Operating System, Customizable Portfolios, and Automated Estimates. Renewate operates in a competitive market with competitors including Procore, Nemetschek Group, Hover, Viewpoint and PlanRadar, among others.
- Headquarter Pune, India
- Founders Supratik Ghatak
- Stage Minicorn
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Sectors
Real Estate & ConstructionConsumer
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Email
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Phone
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Website
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Social
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- Legal Name Renewate Infrastructure Technologies Private Limited
- Date of Incorporation 28 Jun, 2018
- Jurisdiction Navi-Mumbai, Maharashtra, India
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Annual Revenue
$14.48 K (USD)52.22as on Mar 31, 2022
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Net Profit
-$3.82 K (USD)95.7as on Mar 31, 2022
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EBITDA
-$2.82 K (USD)93.86as on Mar 31, 2022
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Total Equity Funding
$272 K (USD)
in 1 rounds
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Latest Funding Round
$272 K (USD), Seed
Jun 15, 2020
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Investors
Wellfound
& 4 more
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Employee Count
Not available
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Products & Services of Renewate
Renewate offers a comprehensive portfolio of products and services, including B2B Operating System, Customizable Portfolios, and Automated Estimates.
Automates design and construction processes for efficient project handling
Enables easy sharing and sorting of project portfolios
Creates real-time estimates and bills for construction projects
Funding Insights of Renewate
Renewate has successfully raised a total of $272K through 1 strategic funding round. The most recent funding activity was a Seed round of $272 thousand completed in June 2020. 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 Renewate
Renewate has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wellfound, Better Capital and Madhusudanan R.
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Early-stage companies are invested in by Better Capital.
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A global venture capital firm is operated to support innovators.
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Startup jobs are connected to individuals via a dedicated platform.
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Investor details for Renewate
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Investments & Acquisitions by Renewate
Investment portfolio details for Renewate
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Financial Statements - Renewate
Detailed financials for Renewate
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Renewate Comparisons
Peer comparison for Renewate
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Competitors of Renewate
Renewate 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 Procore, Nemetschek Group, Hover, Viewpoint and PlanRadar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS project management software is provided for construction professionals.
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Provider of management solutions for the construction sector
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Hover is recognized for providing construction and renovation software solutions.
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SaaS-based project management solutions are delivered for construction.
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SaaS documentation management solutions for construction are provided.
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Collaboration and scheduling software is provided for home construction.
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Detailed competitors of Renewate
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Latest news on Renewate
Complete news archive for Renewate
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Frequently Asked Questions about Renewate
Renewate was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Renewate is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Supratik Ghatak is the current CEO of Renewate. They have also founded this company.
Renewate is a funded company, having raised a total of $272K across 1 funding round to date.
Annual revenue of Renewate is $14.48K as on Mar 31, 2022.
Renewate was established in 2018 in Pune, India, as a technology platform focused on the home renovation sector. Renovation costs are estimated through digital tools, including measurements and real-time calculations, while connections to service providers are facilitated. Additional services encompass invoice generation, project visualization, and management. Operations are supported by an Android mobile app, serving users in the Indian market.
Renewate's top competitors include Procore, Hover and Nemetschek Group.
Renewate offers B2B Operating System, Customizable Portfolios, and Automated Estimates.
Renewate has 5 investors. Key investors include Wellfound, Better Capital, Madhusudanan R, Wellfound, and Better Capital.
The valuation of Renewate is $1.71M as of Jun 2020.