Renoviso is a Boston-based retail startup that is revolutionizing the home renovation experience through its unique service model. Founded in 2014, Renoviso employs technology, transparency, and a customer-centric approach to provide homeowners with customized online pricing for top-quality home improvement products, along with professional measurement and installation services. The company has earned exceptional customer reviews for its initial product categories, including windows, doors, and hardwood flooring, primarily in eastern New England.
Renoviso's innovative concept has attracted significant attention from investors, with its latest $7.00M Series B investment taking place on 21 June 2018. This round of funding was led by Bessemer Venture Partners, NextView Ventures, RRE Ventures, NextGen Venture Partners, and a group of prominent angel investors such as Fabrice Grinda and Niraj Shah, the CEO of Wayfair.
The company's focus on delivering a seamless, cost-effective renovation process and its solid backing from notable investors position Renoviso as a promising player in the home improvement industry, with potential for significant growth and expansion. As Renoviso continues to refine its platform and extend its reach, it presents an intriguing opportunity for venture capitalists seeking to tap into the evolving landscape of home renovation services.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series B | $7.00M | 5 |
|
21 Jun 2018 |
| Series A | $3.50M | 5 |
|
01 Sep 2016 |
| Seed Round | $1.40M | - | 26 Oct 2015 |
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