Renewal Mill
Techstars '18Oakland, US · Founded 2016 · Delaware corporation · 6 employees on LinkedIn · 7 known investors
Find your way into Renewal Mill
388 people in our graph share verified history with the Renewal Mill team — schools, employers, funds. One of them is your warm intro.
Wesley Barrowunlockedknows Caroline Cotto · together at Techstars (overlapped)
×11knows the team · via Techstars
Renewal Mill is a food and ingredients company that makes six upcycled ingredients across protein, flour, and fiber, along with baking mixes, by repurposing byproducts from food production such as juice pulp. It sells consumer baking products and supplies ingredients for developing sustainable food products.
Founders & leadership
Renewal Mill was founded in 2016 by Claire Schlemme and Caroline Cotto.
CS
Claire SchlemmeinCo-Founder & CEO
CC
Caroline CottoinCo-FounderCaroline Cotto co-founded Renewal Mill, a women-run upcycled food ingredients company, after working in food system roles including at the White House, UN World Food Programme, and as a Techstars Farm to Fork program accelerator. She studied at Georgetown University and previously founded and led the Women@HubSpot diversity program at the tech company HubSpot.30 Under 30 2022
Investors · 7
Bread And Butter Ventures, LlcMinneapolis · $100K – $250K
ECP GrowthGreenwichvia Morgan Ratcliffe · inferred
HG VenturesIndianapolis · $1M – $10M
Purple Sage VenturesNew Yorkvia Elizabeth Leahy · inferred
TechstarsBoulder · $220K
Also in the syndicate · 2
Beyond Impact AdvisorsleadICA Fund
Funding
SEC filings, press & company announcements$2.1M disclosed across 3 of 5 rounds · 2018–2023
- Undisclosed amountSeries AJun 2023
Beyond Impact Advisors (lead), ICA Fund
Source ↗
▶$1.1MofferedAug 2020 · OtherRule 506(c)
▶$1.1MofferedAug 2020 · Other
Rule 506(c)Officers, directors & promoters on the filing
- Claire SchlemmeExecutive Officer, Director
- Offering amount
- $1.1M
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06c
▶$215KraisedAug 2020 · 11 investors · OtherRule 506(b)
▶$215KraisedAug 2020 · 11 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- CLAIRE SCHLEMMEExecutive Officer, Director
- Offering amount
- $1M
- Amount sold
- $215K
- First sale
- Nov 2019
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$200KraisedAug 2020 · 4 investors · OtherRule 506(b)
▶$200KraisedAug 2020 · 4 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- CLAIRE SCHLEMMEExecutive Officer, Director
- Offering amount
- $200K
- Amount sold
- $200K
- First sale
- Jul 2018
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$1.7MraisedJul 2020 · 5 investors · OtherRule 506(b)
▶$1.7MraisedJul 2020 · 5 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Claire SchlemmeExecutive Officer, Director
- Offering amount
- $1.7M
- Amount sold
- $1.7M
- First sale
- Jan 2019
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 4
by search overlap
Instacart17 shared keywordsInstacart operates a marketplace connecting grocery retailers with customers who order food and household items for same-day delivery or in-store pickup, serving millions of households across North America through partnerships with over 350 retailers.
Upcycledfoods15 shared keywordsUpcycled Foods is a full-service ingredient supplier providing turn-key products, prototypes, and custom recipe development for food manufacturers seeking to incorporate upcycled ingredients into existing or new product categories. The company serves food and beverage brands across multiple categories including bakery, snacks, confectionery, beverages, culinary applications, and pet food.
DoorDash13 shared keywordsDoorDash operates a restaurant delivery platform that connects customers with dining establishments across hundreds of cities in North America through a logistics network.
Wilton13 shared keywordsWilton is a consumer products marketer specializing in cake decorating and bakeware tools, serving home and professional bakers across more than 105 countries. The company combines education, product innovation, and a community-focused approach to baking and confectionery art.
Companies competing with Renewal Mill for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Renewal Mill do?
- Renewal Mill is a food and ingredients company that makes six upcycled ingredients across protein, flour, and fiber, along with baking mixes, by repurposing byproducts from food production such as juice pulp. It sells consumer baking products and supplies ingredients for developing sustainable food products.
- Who founded Renewal Mill?
- Renewal Mill was founded by Claire Schlemme, Caroline Cotto in 2016.
- Who are Renewal Mill's investors?
- Renewal Mill's investors include Bread And Butter Ventures, Llc, ECP Growth, HG Ventures, Purple Sage Ventures, Techstars.
- How much funding has Renewal Mill raised?
- Renewal Mill has disclosed $2.1M raised across 3 of its 5 known rounds.
- Where is Renewal Mill headquartered?
- Renewal Mill is headquartered in Oakland, US.