Renofi
Philadelphia, US · Founded 2018 · Delaware corporation · 8 known investors
RenoFi is a fintech platform that enables credit unions to offer home equity loans and HELOCs based on after-renovation property values to homeowners financing renovation and construction projects. The company operates as an online marketplace connecting homeowners with partner lenders for residential renovation financing.
FintechPropTech
Founders & leadership
Renofi was founded in 2018 by Justin Goldman and Robert Shedd.
Board
SD
Samanttabhiram DasBoard director
BD
Investors · 8
Canaan PartnersStamford · $500K – $20Mvia Brendan Dickinson · board
Comcast VenturesNew York · $2M – $15M
Curql Collective, LLCDes Moines
Next Level VenturesDes Moines · $500K – $5M
NycaNew York · $2M
Nyca PartnersNew York · $1M – $10M
TruStage VenturesMadison · $1M – $5M
First Round CapitalreportedSan Francisco · $2Mvia Josh Kopelman · board
Reported raises · per SEC filings
Form D private placements$52.2M disclosed across 4 rounds · 2019–2024
▶$1.5MraisedJan 2025 · 53 investors · Other Banking and Financial ServicesRule 506(b)
▶$1.5MraisedJan 2025 · 53 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Justin GoldmanExecutive Officer, Director
- Brendan DickinsonDirector
- Samanttabhiram DasDirector
- Lee MillerExecutive Officer, Director
- Robert SheddExecutive Officer, Director
- Offering amount
- $1.5M
- Amount sold
- $1.5M
- First sale
- Dec 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$12.3MraisedJan 2025 · 13 investors · Other Banking and Financial ServicesRule 506(b)
▶$12.3MraisedJan 2025 · 13 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Samanttabhiram DasDirector
- Justin GoldmanExecutive Officer, Director
- Lee MillerExecutive Officer, Director
- Brendan DickinsonDirector
- Robert SheddExecutive Officer, Director
- Offering amount
- $26M
- Amount sold
- $12.3M
- First sale
- Dec 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$31.9MraisedMay 2023 · 10 investors · Other Banking and Financial ServicesRule 506(b)
▶$31.9MraisedMay 2023 · 10 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Lee MillerExecutive Officer, Director
- Justin GoldmanExecutive Officer, Director
- Brendan DickinsonDirector
- Robert SheddExecutive Officer, Director
- Offering amount
- $34.9M
- Amount sold
- $31.9M
- First sale
- Jul 2021
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$6.4MraisedJul 2020 · 7 investors · Other Banking and Financial ServicesRule 506(b)
▶$6.4MraisedJul 2020 · 7 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Justin GoldmanExecutive Officer, Director
- Lee MillerExecutive Officer, Director
- Robert SheddExecutive Officer, Director
- Offering amount
- $6.4M
- Amount sold
- $6.4M
- First sale
- Apr 2019
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 5
by search overlapChase1985 shared keywordsA wealth management and investing service (J.P. Morgan Wealth Management via Chase) offering self-directed brokerage accounts with commission-free online trades as well as one-on-one advisor services, financial planning tools, and retirement accounts. It serves individual retail investors ranging from beginners to experienced investors in the United States.
Experian1629 shared keywordsExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
HomeLight1614 shared keywordsHomeLightoffers bridge loans and financial solutions that allow homebuyers to remove sale contingencies and access equity for home purchases. The platform serves real estate agents and homebuyers in the residential real estate market.
Zillow1520 shared keywordsZillow operates an online real estate marketplace where consumers can search homes for sale and rentals across US and Canadian cities, view mortgage rate information, and access home financing through Zillow Home Loans. It covers residential property listings, apartments and houses for rent, and mortgage services nationwide.
Point1347 shared keywordsPoint offers alternative home equity solutions, providing homeowners with lump sums of cash in exchange for a stake in their property, as an alternative to traditional home equity loans or refinancing. The company serves residential homeowners across the United States.
Companies competing with Renofi for the same Google search keywords, organic and paid, via search-intersection analysis.
Frequently asked questions
- What does Renofi do?
- RenoFi is a fintech platform that enables credit unions to offer home equity loans and HELOCs based on after-renovation property values to homeowners financing renovation and construction projects. The company operates as an online marketplace connecting homeowners with partner lenders for residential renovation financing.
- Who founded Renofi?
- Renofi was founded by Justin Goldman, Robert Shedd in 2018.
- Who are Renofi's investors?
- Renofi's investors include Canaan Partners, Comcast Ventures, Curql Collective, LLC, Next Level Ventures, Nyca, Nyca Partners, TruStage Ventures, First Round Capital.
- How much funding has Renofi raised?
- Renofi has disclosed $52.2M raised across 4 rounds.
- Where is Renofi headquartered?
- Renofi is headquartered in Philadelphia, US.