About

Founded

2018

Headquarters

Philadelphia, Pennsylvania

Industry

Fintech, Real Estate

Company Description

RenoFi is a financial technology company that provides a lending platform leveraged by credit unions nationwide to offer RenoFi Loans to consumers. Currently, RenoFi Loan products include HELOC and fixed home equity loans. RenoFi Loan products are intended for consumers looking for non-traditional loans to support their renovation, remodeling, and/or construction financing needs.

Quick Links

Website Jobs

Funding

Total Raised

$21.2 million

Valuation

Undisclosed

Significant Investors

First Round Capital, Canaan, Nyca Partners, CMFG Ventures

Company Traction

As of April 2022, homeowners have generated $10 billion in renovation financing demand through RenoFi.

As of April 2022, RenoFi has 12+ lending partners offering RenoFI loans in 49 states.

As of May 2023, RenoFi has rated 4.5/5 stars from 178 customer reviews.

As of May 2023, RenoFi has funded home renovation projects worth over $1 billion on the platform.

Leadership Team

Justin Goldman: Co-Founder & CEO of RenoFi. Former VP of Strategy at Grubhub.

Robert Shedd: Co-Founder & CTO of RenoFi. Former VP of Product at Grubhub.

Lee Miller: Co-Founder & President of RenoFi. Former VP at Actua Corporation.

Press

Axios (April 4, 2022): RenoFi raises $14M for home improvement financing

Business of Home (February 1, 2021): RenoFi wants to make it easier for homeowners to finance renovations

RenoFi