Smart Reno

Quebec City, Canada Founded: 2012 • Age: 14 yrs Acquired By RBC Ventures
Home improvement quotes are matched via an online marketplace.

About Smart Reno

Smart Reno is a Business Services company based in Quebec City (Canada) founded in 2012, and was acquired by RBC Ventures in May 2019. It operates as a home improvement quotes are matched via an online marketplace. It operates in the Business Services, Real Estate & Construction, and Consumer sectors. Smart Reno has raised $2.83 million across 3 funding rounds from investors including BDC, Anges Québec and Pierre Fleurent. The company has 24 employees. Smart Reno has completed 1 acquisition, including Zoomission.com. The company was acqui-hired. Its focus areas include Local Services, Home Services, Home Improvements and Multi-Services. Its competitors include HomeStars, Souqh, Contractors.com, RenoTag and GO Radius Solutions and 4 more; 1 of its 9 listed competitors has raised funding.

Company details

An online marketplace for home repair and improvement services was established in 2012 in Quebec City, Canada. Work requirements are specified by homeowners, who receive quotes from three contractors for comparison and service ordering. Categories covered include painting, roofing, paving, cleaning, and plumbing. Operations are maintained across 10 major Canadian cities.

Key Metrics
  • Total Equity Funding
    $2.83M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.6M (USD), Series A

    Nov 2015

  • Investors
    BDC

    & 7 more

  • Employee Count
    24
  • Investments & Acquisitions
  • Acquired by
    RBC Ventures

    (May 2019)

Funding Insights of Smart Reno

Smart Reno has successfully raised a total of $2.83M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.6 million completed in November 2015. 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 $2.83M
  • Total Rounds 3
  • Last Round Series A — $1.6M
  • First Round $500,000

    (Jun 2012)

  • Investors Count 7

All 3 funding rounds of Smart Reno with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2015$1.6MSeries A–Anges Quebec
Oct 2013$725,000Seed––
Jun 2012$500,000Angel Round––
–
Valuation history

8 investors in total: 4 institutional and 4 angel.

Investors in Smart Reno

Smart Reno has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include BDC, Anges Québec and Pierre Fleurent.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Angel investment network supporting innovative entrepreneurs in Canada.
2008angesquebec.comMontréal, Canada
Accelerator & VC firm backed by RBC Royal Bank
–rbcventures.caToronto, Canada
Commercial banking services for small and medium-sized enterprises are provided.
1944bdc.caMontreal, Canada
Offers loans, subsidies, and support to small businesses and startups in Montreal.
2018sdevm.caMontreal, Canada

Pierre Fleurent

-
–unknown_8d54e980d7cd4c55b-

Mike Cegelski

Angel investor and advisor, focused on Indian startups and tech innovation.
–unknown_7af28f6008084497a-

Daniel Robichaud

-
–unknown_59fa5c568504471f8-

Martin-Luc Archambault

-
–unknown_8396f3ab57eb4256a-
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Investor details for Smart Reno

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Investments & Acquisitions by Smart Reno

Smart Reno has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zoomission.com.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Listing platform for building contractors
zoomission.comMontreal, Canada2009Nov 2015••••
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Complete acquisition details for Smart Reno

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Timeline of Smart Reno

5 dated milestones of Smart Reno across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Smart Reno is founded.
  2. Funding First funding round of $500K.
  3. Funding Latest funding round, Series A, of $1.6M.
  4. Acquisition Acquires Zoomission.com.
  5. Exit Acquired by RBC Ventures.

Competitors of Smart Reno

Smart Reno has 9 listed competitors in our database, 1 of them funded. They include HomeStars, Souqh, Contractors.com, RenoTag and GO Radius Solutions, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
homestars.com2006Toronto, Canada––
Home improvement contractors are connected to homeowners via user reviews.
souqh.ca2020Toronto, Canada$700,0007
An online marketplace for home improvement services is operated.
contractors.com1997Vancouver, Canada––
Online directory connects homeowners with trusted contractors nationwide.
renotag.com2020Toronto, Canada––
An online marketplace is operated for booking home improvement professionals.
goradius.ca2017Surrey, Canada––
GO Radius Solutions operates an app-based platform for listing local services.
bisring.com2017Richmond Hill, Canada–7
Online marketplace to search for home improvement service professionals
renovationfind.com2012Edmonton, Canada–14
Online platform for home renovation contractor
rendoodle.com2019Vaughan, Canada––
Online marketplace connecting users with home improvement professionals.
zoomission.com2009Montreal, Canada––
Listing platform for building contractors
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Detailed competitors of Smart Reno

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Web traffic of Smart Reno

Websites that share an audience with Smart Reno (smartreno.com).

Similar websites

Websites whose visitors overlap most with Smart Reno. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
renomark.ca
renomark.ca
100%
–#3,885,918–
eieihome.com
eieihome.com
76%
–––
sweeten.com
74%
53.3K#561,977View details
constructiondeal.com
constructiondeal.com
29%
–––
renoassistance.ca
25%
44.5K#600,931View details
••••••••••••••••.com••%•.•M#•••••–
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All 6 similar websites and full traffic analytics for Smart Reno

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  • 6 similar websites
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Verified entity values are shown only after access is granted.

Top companies in Local & Community Services

10 companies that operate in the same segment as Smart Reno (Local & Community Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Customers are connected with vetted professionals for on-demand home services.
2014Gurugram, Haryana, IndiaUSD 376.49 MUSD 165.84 M2,111
App-based pet sitting marketplace
2011Olympia, Washington, United StatesUSD 409.19 M––
Fitness class memberships are offered across various gyms and studios.
2013New York, New York, United StatesUSD 550 M–969
Platform for discovering and sharing local businesses
2004San Francisco, California, United StatesUSD 56 MUSD 1.46 B5,120
Provider of interior design and renovation services for homes and offices
2014Bengaluru, Karnataka, IndiaUSD 511.55 MUSD 172.66 M4,353
App based platform to connect users with local service professionals
2008San Francisco, California, United StatesUSD 698.85 M–1,807
Online catering marketplace for enterprises
2007Boston, Massachusetts, United StatesUSD 435.92 M–923
Provider of car service and repair network
2016Gurugram, Haryana, IndiaUSD 62.01 MUSD 8.06 M171
Operates and franchises fitness clubs
2002–USD 4.49 M–340
Online marketplace that provides home repair & maintenance services
2012New York, New York, United StatesUSD 112.67 M––
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Related news about Smart Reno

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Frequently Asked Questions about Smart Reno

Smart Reno was founded in 2012.

Smart Reno is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.

Smart Reno is a funded company, having raised a total of $2.83M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $500K, raised on Jun 2012.

Smart Reno has 24 employees.

An online marketplace for home repair and improvement services was established in 2012 in Quebec City, Canada. Work requirements are specified by homeowners, who receive quotes from three contractors for comparison and service ordering. Categories covered include painting, roofing, paving, cleaning, and plumbing. Operations are maintained across 10 major Canadian cities.

Smart Reno's top competitors include HomeStars, Souqh and RenoTag.

Smart Reno has made 1 acquisition, including Zoomission.com.

Smart Reno has 8 investors. Key investors include BDC, Anges Québec, Pierre Fleurent, Mike Cegelski, and Daniel Robichaud.

Yes. Smart Reno was acquired by RBC Ventures in May 2019.

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