About Renoworks
Renoworks is a company based in Calgary (Canada) founded in 1999.. Renoworks offers products and services including Home Visualizer, Product Configurator, and 3D Models & Measurements. Renoworks operates in a competitive market with competitors including Hover, EagleView, Marxent, Nfinite and iStaging, among others.
- Headquarter Calgary, Canada
- Stage Public
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Sectors
Real Estate & ConstructionConsumer
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Phone
*********
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Website
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Social
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- Legal Name Renoworks Software Inc.
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Annual Revenue
$4.82 M (USD)10.33as on Dec 31, 2024
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Net Profit
$92.48 K (USD)0as on Dec 31, 2024
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EBITDA
$-101.03 K (USD)79.27as on Dec 31, 2024
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Latest Funding Round
$805 K (USD), Post-IPO
Apr 20, 2022
- Investors
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Employee Count
Employee Count
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IPO & Listings of Renoworks
Renoworks is a publicly listed company on the TSXV with ticker symbol RW in Canada, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Renoworks
Renoworks offers a comprehensive portfolio of products and services, including Home Visualizer, Product Configurator, and 3D Models & Measurements. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-powered software for creating quick home design visualizations.
Tool for configuring and visualizing building products in projects.
Platform for generating accurate 3D home models and measurements.
Funding Insights of Renoworks
- Total Funding Total Funding
- Total Rounds 6
- Last Round Post-IPO — $805,000
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First Round
First Round
(25 Jul 2005)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2022 | Amount | Post-IPO - Renoworks | Valuation |
investors |
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| Jun, 2019 | Amount | Post-IPO - Renoworks | Valuation |
investors |
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| Jul, 2016 | Amount | Grant - Renoworks | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Renoworks
Renoworks has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Alberta Innovates-Technology Futures. 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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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 Renoworks
| 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 - Renoworks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Renoworks Comparisons
Competitors of Renoworks
Renoworks 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 Hover, EagleView, Marxent, Nfinite and iStaging, 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 |
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| domain | founded_year | HQ Location |
Hover is recognized for providing construction and renovation software solutions.
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| domain | founded_year | HQ Location |
Provider of roof and aerial measurement solutions
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| domain | founded_year | HQ Location |
Cloud-based virtual trial solutions are offered for home improvement visualization.
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| domain | founded_year | HQ Location |
Visual content is scaled for retail and AI applications.
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| domain | founded_year | HQ Location |
Augmented and virtual reality platforms are built online for businesses.
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| domain | founded_year | HQ Location |
Home maintenance services are offered through innovative technology by Streem.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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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 Renoworks
Frequently Asked Questions about Renoworks
When was Renoworks founded?
Renoworks was founded in 1999 and raised its 1st funding round 6 years after it was founded.
Where is Renoworks located?
Renoworks is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
What is the annual revenue of Renoworks?
Annual revenue of Renoworks is $4.82M as on Dec 31, 2024.
What does Renoworks do?
Renoworks provides digital visualization software for renovation, construction, manufacturing, and retail industries. Products include web visualizer, mobile apps, product configurator, contractor apps, and 3D design simulators. Offers a Pro version that lets users upload photos of their homes and change doors, windows, shutters, sidings, and roofing on a house model. Charges between 39-149 per month for the Pro version. Customers include JamesHardie, ProVia,Ply Gem Windows among others.
Who are the top competitors of Renoworks?
What products or services does Renoworks offer?
Renoworks offers Home Visualizer, Product Configurator, and 3D Models & Measurements.
Is Renoworks publicly traded?
Yes, Renoworks is publicly traded on TSXV under the ticker symbol RW.
Who are Renoworks's investors?
Renoworks has 1 investor. Key investors include Alberta Innovates-Technology Futures.
What is Renoworks's ticker symbol?
The ticker symbol of Renoworks is RW on TSXV.