Funding & Expansion
Reno, the technology-driven renovation platform, has secured $4 million in a funding round led by eight major investment funds: 500 Sanabil, Hub71, Plus VC, Zero 100 VC, FlyerOne Ventures, Sandstorm VC, AngelSpark, and Swiss Founders Fund.
New AI-Powered App
The $4 million round (equity and debt) enables Reno to expand across the UAE and GCC markets and build the region's first comprehensive renovation operating system. The investment positions Reno as a leader in GCC renovation technology.
Key Features
Reno will launch its AI-powered app early next year, featuring:
Market Impact
The platform integrates design, project management, contractor oversight, and financing (including "Renovate Now, Pay Later") into a single solution, providing homeowners and real estate investors with unprecedented control and transparency.
The Bottom Line
Reno addresses key industry pain points—transparency, project management, budget control, and quality—while expanding across UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, and Oman.
This funding demonstrates strong investor confidence in renovation technology. Reno's AI-powered approach and comprehensive operating system are set to transform how renovations are managed across the GCC region, making the process simpler, more efficient, and more valuable for customers.