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Renew Financial
company
About
Renew Financial is a provider of district legislation financing to assist in property assessed clean energy (PACE) improvement financing.
- 251 - 500
Highlights
Details
- Last Funding Type
- Series D
- Last Funding Money Raised
- $70M
- Industries
- Clean Energy,Finance,Financial Services,FinTech,Renewable Energy
- Founded date
- Jan 1, 2008
- Number Of Employee
- 251 - 500
- Operating Status
- Active
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.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$90M
Renew Financial has raised a total of
$90M
in funding over 2 rounds. Their latest funding was raised on
Feb 11, 2016 from a Series D round.
| 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 |
Investors
Number of Lead Investors
Number of Investors
1
1
Renew Financial is funded by 1 investors.
Prelude Ventures
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Prelude Ventures
|
— | Series D |
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