Reno, the area’s main tech-driven renovation platform, has secured $4million in a mixture of fairness and debt funding. The funding will gas the corporate’s enlargement throughout the UAE and GCC, reinforcing its mission to construct the area’s first end-to-end working system for renovations.
The funding spherical was led by 500 Sanabil, Hub71, Plus VC, and Zero 100 VC, amongst others. The capital helps the upcoming launch of Reno’s new app in early 2026, which can introduce real-time AI-powered design, prompt funds estimates, and an clever supplies engine to supply prospects with readability from the very first step of their renovation journey.
FinTech-driven transparency and management
Not like conventional renovation providers, Reno integrates the whole worth chain—design, undertaking administration, contractor oversight, and financing—right into a single platform. This creates a clear, structured, and totally supervised renovation expertise. By combining AI-driven workflow and clear oversight, all deliverables are centralised via milestone-based processes that give householders and property traders unmatched management and visibility.
The platform’s signature providing is its progressive Renovate Now, Pay Later (RNPL) financing answer. This built-in financing possibility offers entry to high-quality renovations with out requiring fast upfront money or lending energy.
For property traders, the RNPL mannequin unlocks vital worth. Ibrahim Shami, CEO and co-founder of Seraya, a UAE short-term rental operator, used the RNPL choice to renovate a number of models with out paying upfront, repaying prices as soon as the flats began producing rental revenue. With Reno’s help, Seraya was capable of double its renovation tempo from two to 4 flats monthly. “Reno’s options turned a bottleneck into a chance, letting me broaden my portfolio sooner and smarter,” mentioned Ibrahim.
Maximising property worth for householders
Owners additionally report drastic advantages, together with lowered stress and value financial savings. The platform-driven method minimized disruption for house owner Camillo Schobesberger, who famous that the fastidiously managed upgrades elevated his property worth by practically 40%.
“Our objective is to make residence renovations as seamless and clear as doable,” mentioned Marc Michel, co-founder and CEO of Reno. “Whether or not it’s busy households trying to improve their properties or traders looking for to boost property worth, Reno offers the instruments and oversight to ship initiatives effectively and stress-free”.
By leveraging innovation and data-driven workflows, Reno is redefining how renovations are managed, serving to shoppers save time, scale back stress, and maximize the worth of their properties.
