RenoFi has closed a $22M Series B funding round led by Fifth Wall, with support from Progressive Insurance to enhance its AI-enabled renovation financing platform.

PRIVATEMar 03, 2026

Amount Raised

$22 Million

Round Type

Series B

Lower GwyneddHardwareFinancial ServicesReal EstateConsumer GoodsConsumer ElectronicsFinance

Investors

HighSage VenturesCanaanFirst Round CapitalCurqlArdent Credit UnionTrustage VenturesGaingelsFlintlock CapitalProgressive InsuranceAlumni VenturesChartway Credit UnionFirst Community Credit UnionUsalliance FinancialFifth Wall

Description

RenoFi has announced the closing of a $22M Series B funding round. The investment, led by Fifth Wall, aims to fuel growth for RenoFi's innovative renovation financing platform. With this funding, the company plans to expand its retail team and partnerships. The financing enhances RenoFi's portfolio and supports its mission to provide tailored renovation solutions to homeowners.

Who else raised in Hardware and Financial Services around the same time

Companies in the same sectors as RenoFi that raised within 45 days of this round, from Fundz verified event records.

Prime Finance raised an undisclosed amount on April 2, 2026.
America Mortgages raised $25M (Debt Financing) on March 9, 2026.
Slash raised $100M (Series C) on April 17, 2026.
GREENPRO CAPITAL CORP raised $1.2M on April 16, 2026.
Southern First Bancshares raised $57M (Post-IPO Equity) on April 16, 2026.
CNote raised $8M on April 16, 2026.

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Company Information

Company

RenoFi

Location

Lower Gwynedd, Pennsylvania, United States

About

Renofi is the renovation enablement platform company that empowers lenders to offer best-in-class financing solutions that better meet the needs of today's homeowners. The company offers the only end-to-end loan origination and underwriting platform specifically built to enable renovation lending, allowing homeowners to borrow against their home's post-renovation value, instead of the home's current value, and increasing borrowing power by 11x on average. The company is backed by leading investors including Canaan, First Round Capital, Nyca Partners & CMFG Ventures.

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Related People

3 contacts

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Predictive Intelligence

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Funding Insights

What this usually means

Timeline to next round

Series B companies typically work for 15-20 months before raising new capital

Growth expectations

Series B companies are expected to scale rapidly and expand market reach

RenoFi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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