About renovai
renovai is a Retail company based in Brooklyn (United States) founded in 2018 by Alon Gilady. AI-powered visual software for interior design is offered. renovai has raised $3.81 million across 2 funding rounds from investors including Temple & Webster, Verstra Ventures and Alchemist Accelerator. Its chief executive, as recorded, is Alon Gilady. renovai offers products and services including Product Recommendations, Visual Content Creation, Visual Search & Discovery, Marketing Personalization, and In-Store Digitization. Its focus areas include E-Commerce Enablers, Customer Experience Management, Personal Styling and Fashion. Its competitors include Stylitics, Lookerz and FashionDx; 1 of its 3 listed competitors has raised funding.
Company details
RenovAI was founded in 2018 in Brooklyn, United States, as a provider of AI-driven software focused on visual interior design. Virtual visual effects are utilized by users to create interior layouts, with integration available for shopping sites to enable product visualization. Additional services encompass visual content generation, search functionalities, and shopping solutions within the interior design sector.
- Total Equity Funding$3.81M (USD)
in 2 rounds
- Latest Funding Round$3.7M (USD), Seed
Aug 2021
- InvestorsTemple & Webster
& 4 more
Products & Services of renovai
renovai offers a comprehensive portfolio of products and services, including Product Recommendations, Visual Content Creation, Visual Search & Discovery, Marketing Personalization, and In-Store Digitization.
Real-time contextual recommendations to drive e-commerce conversions.
Simplifies product visualization and immersive experiences for brands.
Enables hyper-personalized product matching in online shopping.
Creates targeted campaigns for brand identity and customer retention.
Modernizes in-store experiences with digital tools for sales reps.
Funding Insights of renovai
renovai has successfully raised a total of $3.81M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.7 million completed in August 2021. 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 $3.81M
- Total Rounds 2
- Last Round Seed — $3.7M
- First Round $110,000
(Apr 2019)
- Investors Count 5
All 2 funding rounds of renovai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | $3.7M | Seed | – | Verstra Ventures, Temple & Webster | |
| Apr 2019 | $110,000 | Seed | – | FUSION | – |
5 investors in total: 5 institutional.
Investors in renovai
renovai has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Temple & Webster, Verstra Ventures and Alchemist Accelerator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| verstraventures.com | ||||
Enterprise startups are accelerated via a 6-month program. | alchemistaccelerator.com | San Francisco, United States | ||
| ngnpartners.com | ||||
Fusion VC is recognized as Israel’s leading pre-seed platform for startups. | 2017 | fusion-vc.com | Tel Aviv, Israel | |
Online store for home wares and furniture | 2011 | templeandwebster.com.au | Sydney, Australia |
Investor details for renovai
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of renovai
7 people are tracked at renovai (6 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Alon Gilady | Co-Founder & CEO | Leadership |
Andy Barnett | Director of Sales And Account Management | Leadership |
Avner Priel | CTO / Co-Founder | Leadership |
Alon Chelben | Co-Founder & COO at Renovai | Alchemist Accelerator | Leadership |
Dennis S. | VP of R&D | Leadership |
Reut Malleron | VP Design | Leadership |
Noy Dabull | Operations designer | Team |
Complete people profiles for renovai
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Timeline of renovai
3 dated milestones of renovai across 3 years, from founding to its latest funding, stage changes and deals.
- Founded renovai is founded.
- Funding First funding round of $110K.
- Funding Latest funding round, Seed, of $3.7M.
Competitors of renovai
renovai has 3 listed competitors in our database, 1 of them funded. They include Stylitics, Lookerz and FashionDx.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stylitics.com | 2010 | New York, United States | $99.25M | 93 | Tech enabler offering AI-based personal styling solutions for fashion businesses | |
| lookerz.me | 2020 | Sunny Isles Beach, United States | SaaS-based AI stylist software is provided for fashion businesses. | |||
| fashiondx.co | 2018 | Fremont, United States | AI-based suite solutions are provided to fashion apparel retailers. |
Detailed competitors of renovai
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Top companies in Fashion & Lifestyle E-Commerce
2 companies that operate in the same segment as renovai (Fashion & Lifestyle E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | |||
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 |
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Frequently Asked Questions about renovai
renovai was founded in 2018 and raised its 1st funding round 1 year after it was founded.
renovai is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Alon Gilady is the CEO of renovai, as recorded in our data. They have also founded this company.
renovai is a funded company, having raised a total of $3.81M across 2 funding rounds to date. The company's 1st funding round was a Seed of $110K, raised on Apr 2019.
RenovAI was founded in 2018 in Brooklyn, United States, as a provider of AI-driven software focused on visual interior design. Virtual visual effects are utilized by users to create interior layouts, with integration available for shopping sites to enable product visualization. Additional services encompass visual content generation, search functionalities, and shopping solutions within the interior design sector.
renovai offers Product Recommendations, Visual Content Creation, Visual Search & Discovery, Marketing Personalization, and In-Store Digitization.
renovai has 5 investors. Key investors include Temple & Webster, Verstra Ventures, Alchemist Accelerator, NGN Partners, and Fusion VC.