Tech Company Financing Transactions
RenoFi Funding Round
On 4/4/2022, RenoFi raised $14 million in Series A funding from Canaan Partners, CMFG Ventures and Nyca Partners.
Transaction Overview
Company Name
Announced On
4/4/2022
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series A
Investors
Proceeds Purpose
The company will use the funds to scale its business operations and product roadmap, including its first-of-its-kind renovation enablement platform for lenders.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
2400 Market St. 261
Philadelphia, PA 19103
USA
Philadelphia, PA 19103
USA
Phone
Website
Email Address
Overview
RenoFi offers the first home equity loan purpose built for renovations. For homeowners planning a renovation, RenoFi loans let you borrow the most money at the best possible terms without the need to refinance your primary mortgage. This is because RenoFi uses the expected value of your home post-renovation rather than your home's current value, increasing your borrowing power.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Justin Goldman
Chief Technical Officer
Robert Shedd
President
Lee Miller
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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