Renew Financial
Date | Investors | Amount | Round |
---|---|---|---|
$12.2m | Series A | ||
$20.0m | Late VC | ||
$70.0m | Series D | ||
N/A | $200m | Debt | |
$300m | Debt | ||
Total Funding | AUD158m |
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Recent News about Renew Financial
EditRenew Financial provides easy-to-use financing solutions for homeowners looking to make energy-efficient and safety-related home improvements. Operating primarily in the residential market, the company serves homeowners, contractors, and government entities. Renew Financial's business model revolves around offering Property Assessed Clean Energy (PACE) financing, which allows homeowners to finance home improvement projects with no upfront costs. The company generates revenue through interest on the financed amounts and fees associated with the financing process. By facilitating projects like heating and cooling upgrades, solar panel installations, and hurricane protection, Renew Financial not only helps homeowners but also contributes to job creation and environmental sustainability.
Keywords: PACE financing, home improvement, energy efficiency, no money down, residential market, contractors, government entities, environmental health, job creation, sustainability.