Renew Risk

Fintech SaaS to improve financing, planning and insurance for renewable energy assets like offshore wind farms.

General Information
Company Name
Renew Risk
Founded Year
2021
Location (Offices)
London, United Kingdom +1
Founders / Decision Makers
Number of Employees
13
Industries
Fintech, Insurtech, Renewable Energy
Funding Stage
Series Unknown
Social Media

Renew Risk - Company Profile

Renew Risk is a Fintech SaaS startup that aims to enhance financing, planning, and insurance for renewable energy assets, particularly offshore wind farms. The company offers B2B SaaS solutions tailored to the financial lifecycle of large renewable energy assets. Its software products cater to financial planning, banking, and insurance needs across various renewable energy sectors, including Offshore Wind Farms, Onshore wind, Tidal, and Hydrogen. Renew Risk's client base encompasses insurers, bankers, offshore wind farm developers, and asset managers, all of whom rely on the product for pricing, capacity, financial planning, and risk management. The startup, established in 2023, is headquartered in the United Kingdom. In its latest funding round, Renew Risk secured a notable investment of £1.70M, attracting support from a group of prominent investors including One Planet Capital, Insurtech Gateway, Rahul Munjal, Chris Adelsbach, and the University of Surrey. Renew Risk's dynamic approach to addressing the financial intricacies of renewable energy assets positions it as a promising player in the Fintech, Insurtech, and Renewable Energy industries.

Taxonomy: Offshore Wind, Insurtech, Financial Planning, Banking, Renewable Energy Assets, Software Development, B2B Solutions, Deep Science, Offshore Wind Farm Development, Tidal Energy

Funding Rounds & Investors of Renew Risk (2)

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Funding Stage Amount No. Investors Investors Date
Series Unknown €5.90M 4 Lloyd’s 13 Feb 2025
Seed Round £1.70M 5 Rahul Munjal, Chris Adelsbach +1 07 Sep 2023

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