About Rnwl
Rnwl is a company based in Cambridge (United Kingdom) founded in 2019.. Rnwl has raised $908.93 thousand across 2 funding rounds. The company has 6 employees as of January 31, 2022. Rnwl operates in a competitive market with competitors including Bupa Global, GoCompare, MoneySuperMarket, Jove and Police Mutual, among others.
- Headquarter Cambridge, United Kingdom
- Employees 6 as on 31 Jan, 2022
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Sectors
Financial Services
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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 Rnwl Ltd
- Date of Incorporation 08 Jul, 2019
- Jurisdiction CAMBRIDGE, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$908.93 K (USD)
in 2 rounds
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Latest Funding Round
$655.98 K (USD), Seed
Nov 29, 2021
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Investors
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Employee Count
6
as on Jan 31, 2022
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Funding Insights of Rnwl
Rnwl has successfully raised a total of $908.93K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $655.98 thousand completed in November 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 Total Funding
- Total Rounds 2
- Last Round Seed — $655,981
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First Round
First Round
(09 Sep 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Seed - Rnwl | Valuation |
investors |
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| Sep, 2020 | Amount | Seed - Rnwl | 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 |
Investments & Acquisitions by Rnwl
| 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 - Rnwl
| 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 |
Rnwl Comparisons
Competitors of Rnwl
Rnwl 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 Bupa Global, GoCompare, MoneySuperMarket, Jove and Police Mutual, 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 |
Comparison platform for health and travel insurance
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| domain | founded_year | HQ Location |
Online financial services are compared for individuals.
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| domain | founded_year | HQ Location |
Developer of an online comparison platform for life and non-life insurance and loans
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| domain | founded_year | HQ Location |
Online comparison of health and self-employed insurance is facilitated.
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| domain | founded_year | HQ Location |
Offers insurance, healthcare, mortgages, and savings services for police families.
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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 Rnwl
Frequently Asked Questions about Rnwl
When was Rnwl founded?
Rnwl was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Rnwl located?
Rnwl is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Is Rnwl a funded company?
Rnwl is a funded company, having raised a total of $908.93K across 2 funding rounds to date. The company's 1st funding round was a Seed of $252.94K, raised on Sep 09, 2020.
How many employees does Rnwl have?
As of Jan 31, 2022, the latest employee count at Rnwl is 6.
What does Rnwl do?
Rnwl was founded in 2019 in Cambridge, United Kingdom, within the insurtech sector. An app-based platform is operated to compare car insurance options for individual users, with renewal services included. Partnerships are maintained with providers such as AXA, Aviva, Zurich, and Legal General. The application is accessible on both Android and iOS devices.
Who are the top competitors of Rnwl?
Rnwl's top competitors include Bupa Global, MoneySuperMarket and GoCompare.
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