Renew Financial is a provider of district legislation financing to assist in property assessed clean energy (PACE) improvement financing.
Renew Financial provides financing solutions that help efficiency and renewable energy contractors grow their businesses while promoting energy independence. Its aim is to develop advanced financing designed to transform America’s economy to clean energy. The company’s financing products include PACE financing model and the Warehouse for Energy Efficiency Loans, which opens the residential energy efficiency finance market to large institutional investors.Founded in 2008 by Cisco DeVries, Renew Financial has a partnership with SolarCity targeted at small- and medium-sized businesses utilizing PACE.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Feb 11, 2016 | Series D | $70M | 1 | — | — | Detail |
Apr 24, 2014 | Series Unknown | $20M | 1 | Prelude Ventures | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Prelude Ventures | — | Series D |