RenoFi is the only end-to-end financing platform purpose-built exclusively for home renovations, helping homeowners access the right capital to improve their homes while enabling lenders to participate in a historically underserved market. Rather than acting as a lender, RenoFi operates as a renovation-specific marketplace that connects homeowners, contractors and a nationwide network of credit unions and banks through a single technology platform.
At the core of RenoFi’s differentiation is its Renovation Underwriting technology, which allows lenders to confidently offer “After Renovation Value” (ARV) loans — branded as RenoFi Loans — by quantifying renovation risk in a standardized, data-driven way. Often described as a “FICO score for the renovation,” this technology enables depository lenders to underwrite complex renovation projects while offering homeowners access to best-in-market rates and terms across both secured and unsecured loan options. By integrating capital markets connectivity with renovation-specific intelligence, RenoFi delivers the only platform designed specifically for renovation finance.
Since launching in 2019, RenoFi has helped more than 10,000 homeowners complete over $2 billion in renovation projects and has enabled more than $1.5 billion in loan originations for its lending partners. The company recently closed a Series B and has raised over $65 million from leading investors, including First Round Capital, Fifth Wall, Canaan, NYCA, Progressive Insurance, Lowe’s and participating credit unions. Looking ahead, RenoFi plans to help finance more than $1 billion in renovations for over 5,000 homeowners in 2026.
Company Website:
Markets Served:
Real Estate Sales
Company HQ:
Philadelphia, PA
